About Flexcompute
Flexcompute is a company based in United States founded in 2015 by Qiqi Wang.. Flexcompute has raised $80.68 million across 5 funding rounds from investors including WI Harper Group, GGV Capital and Coatue. Flexcompute operates in a competitive market with competitors including Ingrid Cloud, Nextflow Software, Dive CAE, ENGYS and Tecplot, among others.
- Headquarter United States
- Founders Qiqi Wang
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Sectors
Industrial Goods & ManufacturingTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Flexcompute Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$80.68 M (USD)
in 5 rounds
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Latest Funding Round
$53 M (USD), Series C
Jul 08, 2024
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Investors
WI Harper Group
& 4 more
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Employee Count
Employee Count
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Funding Insights of Flexcompute
Flexcompute has successfully raised a total of $80.68M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $53 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $53.0M
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First Round
First Round
(01 Jan 2016)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series C - Flexcompute | Valuation |
investors |
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| Nov, 2021 | Amount | Series B - Flexcompute | Valuation | Coatue | |
| Dec, 2020 | Amount | Series A - Flexcompute | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Flexcompute
Flexcompute has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include WI Harper Group, GGV Capital and Coatue. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location | |
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Provider of an investment platform for various stages
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Flexcompute
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Flexcompute
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Flexcompute Comparisons
Competitors of Flexcompute
Flexcompute operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ingrid Cloud, Nextflow Software, Dive CAE, ENGYS and Tecplot, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based airflow and fluid simulations are offered for design optimization.
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| domain | founded_year | HQ Location |
CFD fluid simulation software is supplied for manufacturing applications.
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| domain | founded_year | HQ Location |
Simulation software for engineering design optimization is provided.
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| domain | founded_year | HQ Location |
Open source CFD and simulation software is developed and supported.
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| domain | founded_year | HQ Location |
Cloud-based data visualization and analytics tool
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Flexcompute
Frequently Asked Questions about Flexcompute
When was Flexcompute founded?
Flexcompute was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Flexcompute located?
Flexcompute is headquartered in United States.
Is Flexcompute a funded company?
Flexcompute is a funded company, having raised a total of $80.68M across 5 funding rounds to date. The company's 1st funding round was a Series A of $5.2M, raised on Jan 01, 2016.
What does Flexcompute do?
Flexcompute was founded in 2015 in the United States as a provider of simulation software targeting the aerospace, automotive, and photonics sectors. Aerodynamic, aeroacoustic, and electromagnetic simulations are enabled by the platform, along with tools for the design, simulation, and verification of integrated circuits. Operations focus on accelerating innovation while minimizing reliance on physical prototypes, serving industries through computational solutions.
Who are the top competitors of Flexcompute?
Flexcompute's top competitors include Shanghai Sochen Information Technology, Ingrid Cloud and Nextflow Software.
Who are Flexcompute's investors?
Flexcompute has 5 investors. Key investors include WI Harper Group, GGV Capital, Coatue, 3W Partners, and National Science Foundation.
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