About Process Systems Enterprise
Process Systems Enterprise is an Energy & Utilities company based in London (United Kingdom) founded in 1997, and was acquired by Siemens in September 2019. It operates as a process modeling software and model-based engineering services are offered. It operates in the Energy & Utilities and Industrial Goods & Manufacturing sectors. Process Systems Enterprise has raised $3.05 million across 5 funding rounds from investors including Siemens, European Union and Close Venture Management. The company has 211 employees. Its focus areas include Enterprise Applications, Manufacturing Tech, Product Design & Development and Computer-Aided Engineering. Its legal entity is SIEMENS PROCESS SYSTEMS ENGINEERING LIMITED. Its competitors include FEI Company, aPriori, GeoTeric, WellDog and Shichuang Technology and 4 more; 4 of its 9 listed competitors have raised funding.
Company details
PSE specializes in providing process modeling software and model-based engineering services. Its family of advanced process modeling products is built on the gPROMS platform. The gPROMS platform provides all the essential functions such as drag-drop flowsheeting, first-principles custom modelling, parameter estimation, and a powerful optimization framework that allows users to seek optimal solutions directly rather than by trial-and-error simulation. The gPROMS family of software provides process modeling solution from R D to online operations, from general-purpose flowsheeting to optimization of reactor and crystallizer design. Also, it offers gFUELCELL that provides fuel cell and battery system design solutions.
- Headquarters London, United Kingdom
- Employees 211
- Stage Acquired
- SectorsEnergy & UtilitiesIndustrial Goods & Manufacturing
- Website psenterprise.com
- Social LinkedIn X
- Acquired by Siemens (Sep 2019)
- Legal Name Siemens Process Systems Engineering Limited
- Date of Incorporation 27 Jan, 1997
- Jurisdiction FARNBOROUGH, HAMPSHIRE, UNITED KINGDOM
Funding Insights of Process Systems Enterprise
Process Systems Enterprise has successfully raised a total of $3.05M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $426.14 thousand completed in November 2016. 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 $3.05M
- Total Rounds 5
- Last Round Grant — $426,136
- First Round $3.05M
(Jul 2007)
- Investors Count 2
All 5 funding rounds of Process Systems Enterprise with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2016 | $426,136 | Grant | – | – | |
| Oct 2016 | $340,900 | Grant | – | – | |
| Jan 2016 | $436,876 | Grant | – | – | |
| Sep 2015 | $308,624 | Grant | – | – | |
| Jul 2007 | $3.05M | Series A | – | – |
3 investors in total: 3 institutional.
Investors in Process Systems Enterprise
Process Systems Enterprise has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Siemens, European Union and Close Venture Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
- | – | closeventures.co.uk | - | |
Industrial software is developed for automation, electrification, and digitalization solutions. | 1847 | siemens.com | United States |
Investor details for Process Systems Enterprise
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Timeline of Process Systems Enterprise
4 dated milestones of Process Systems Enterprise across 22 years, from founding to its latest funding, stage changes and deals.
- Founded Process Systems Enterprise is founded.
- Funding First funding round of $3.1M.
- Funding Latest funding round, Grant, of $426K.
- Exit Acquired by Siemens.
Competitors of Process Systems Enterprise
Process Systems Enterprise has 9 listed competitors in our database, 4 of them funded. They include FEI Company, aPriori, GeoTeric, WellDog and Shichuang Technology, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fei.com | 1971 | Hillsboro, United States | – | 378 | TEM and SEM microscopy solutions for nanoscale imaging are manufactured. | |
| apriori.com | 2003 | Concord, United States | $108.63M | 194 | Cost management platform is provided for discrete manufacturers. | |
| geoteric.com | 2004 | Newcastle Upon Tyne, United Kingdom | – | 58 | Cognitive interpretation software for geological mapping is developed. | |
| welldog.com | 1999 | Laramie, United States | $10.53M | – | Geophysical services for oil and gas reservoirs are provided. | |
| supreium.com | 2016 | Haidian, China | – | – | CAE software is provided for manufacturing industry simulations. | |
| visualcomponents.com | 1999 | Espoo, Finland | – | – | Factory simulation software | |
| cognitivegeology.com | 2014 | Edinburgh, United Kingdom | $2.63M | 20 | Develops software for geological property modelling in oil exploration. | |
| ikonscience.com | 2001 | Twickenham, United Kingdom | – | 126 | Software for reservoir modeling and exploration estimations for oil & gas companies | |
| cenos-platform.com | 2017 | Riga, Latvia | $1.29M | 14 | 3D simulation software for induction heating applications |
Detailed competitors of Process Systems Enterprise
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Web traffic of Process Systems Enterprise
The website of Process Systems Enterprise (psenterprise.com) receives about 7K visits a month.
- Monthly visits7K
▼ 28.4% vs previous month
Websites whose visitors overlap most with Process Systems Enterprise. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| chemstations.com | 100% | 4.6K | #3,929,874 | View details | |
bre.com | bre.com | 99% | – | #1,062,382 | – |
www3.imperial.ac.uk | www3.imperial.ac.uk | 91% | – | – | – |
| prosim.net | 76% | 18.7K | #1,544,427 | View details | |
tscsimulation.co.uk | tscsimulation.co.uk | 74% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for Process Systems Enterprise
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Top companies in Oil & Gas Technology Solutions
10 companies that operate in the same segment as Process Systems Enterprise (Oil & Gas Technology Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based software for manufacturing process optimization is offered. | 1981 | Bedford, United States | USD 100 M | USD 5.21 M | 64 | |
Cloud infrastructure and AI-optimized data centers are provided. | 2018 | Denver, Colorado, United States | USD 6.67 B | – | 1,820 | |
Provider of AI-driven ROVs and services for inspection of ships | 2015 | Bristol, England, United Kingdom | USD 38.48 M | – | – | |
AI-based software for production data analysis and collaboration is provided. | 2016 | Lysaker, Akershus, Norway | USD 225 M | USD 82.56 M | 931 | |
AI-driven urban datasets and analysis tools are offered by Urbint. | 2015 | New York, New York, United States | USD 130.08 M | – | – | |
Satellite imagery and geospatial analytics are utilized for water monitoring. | 2012 | Didcot, Oxfordshire, United Kingdom | USD 17.11 M | – | 46 | |
Cloud-based platform for oilfield management in energy sector. | 1998 | Houston, Texas, United States | – | – | 305 | |
Cloud-based platform for operational simulation and predictive analytics is offered. | 2010 | Lausanne, Vaud, Switzerland | USD 28.7 M | – | – | |
Methane and VOC emissions are monitored via industrial IoT platforms. | 2015 | Cambridge, Massachusetts, United States | USD 34.71 M | – | – | |
Contractors and suppliers are managed via an online platform. | 2001 | Dallas, Texas, United States | – | – | – |
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Related news about Process Systems Enterprise
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Frequently Asked Questions about Process Systems Enterprise
Process Systems Enterprise was founded in 1997 and raised its 1st funding round 10 years after it was founded.
Process Systems Enterprise is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Process Systems Enterprise is a funded company, having raised a total of $3.05M across 5 funding rounds to date. The company's 1st funding round was a Series A of $3.05M, raised on Jul 2007.
Process Systems Enterprise has 211 employees.
Annual revenue of Process Systems Enterprise is $20.7M as on Sep 30, 2020.
PSE specializes in providing process modeling software and model-based engineering services. Its family of advanced process modeling products is built on the gPROMS platform. The gPROMS platform provides all the essential functions such as drag-drop flowsheeting, first-principles custom modelling, parameter estimation, and a powerful optimization framework that allows users to seek optimal solutions directly rather than by trial-and-error simulation. The gPROMS family of software provides process modeling solution from R D to online operations, from general-purpose flowsheeting to optimization of reactor and crystallizer design. Also, it offers gFUELCELL that provides fuel cell and battery system design solutions.
Process Systems Enterprise's top competitors include FEI Company, aPriori and Shichuang Technology.
Process Systems Enterprise has 3 investors. Key investors include Siemens, European Union, and Close Venture Management.
Process Systems Enterprise operates through Siemens Process Systems Engineering Limited.
Yes. Process Systems Enterprise was acquired by Siemens in September 2019.