Simio

Sewickley, United States Founded: 2006 • Age: 20 yrs Acquired By Aegis Industrial Software Corporation
Simulation Software

About Simio

Simio is a company based in Sewickley (United States) founded in 2006 was acquired by Aegis Industrial Software Corporation in January 2026.. Simio has raised $2.38 million across 3 funding rounds from investors including Aegis Industrial Software Corporation. Simio offers products and services including Discrete Event Simulation Software, Advanced Planning and Scheduling Software, and Digital Twin Software. Simio operates in a competitive market with competitors including aPriori, Process Systems Enterprise, Shichuang Technology, Visual Components and CENOS, among others.

  • Headquarter Sewickley, United States
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Simio Aps
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
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Products & Services of Simio

Simio offers a comprehensive portfolio of products and services, including Discrete Event Simulation Software, Advanced Planning and Scheduling Software, and Digital Twin Software. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Software for modeling and optimizing operational processes.

Tools for scheduling and resource optimization in operations.

Platform for creating adaptive digital twins of processes.

People of Simio
Headcount 10-50
Employee Profiles 22
Employee Profiles
People
C. Dennis Pegden
Chief Product Officer
People
Howard Coltin
CEO
People
Gregory Lang
VP, Software Development
People
Shelly Barber
VP, Administration & Finance

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Funding Insights of Simio

Simio has successfully raised a total of $2.38M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $600 thousand completed in October 2011. 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 Rounds 3
  • Last Round Seed — $600,000
  • First Round

    (24 Feb 2010)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2011 Amount Seed - Simio Valuation

investors

Dec, 2010 Amount Seed - Simio Valuation

investors

Feb, 2010 Amount Seed - Simio Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Simio

Simio has secured backing from 1 investor. Prominent investors backing the company include Aegis Industrial Software Corporation. 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.

All
Investor Description Founded Year Domain Location
Manufacturing operations software is developed for discrete industries.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Simio

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Simio

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Simio Comparisons

Employees
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Competitors of Simio

Simio 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 aPriori, Process Systems Enterprise, Shichuang Technology, Visual Components and CENOS, 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
Cost management platform is provided for discrete manufacturers.
domain founded_year HQ Location
Process modeling software and model-based engineering services are offered.
domain founded_year HQ Location
CAE software is provided for manufacturing industry simulations.
domain founded_year HQ Location
Factory simulation software
domain founded_year HQ Location
3D simulation software for induction heating applications
domain founded_year HQ Location
AI and ML based simulation software for the new materials discovery
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Simio

Frequently Asked Questions about Simio

When was Simio founded?

Simio was founded in 2006 and raised its 1st funding round 4 years after it was founded.

Where is Simio located?

Simio is headquartered in Sewickley, United States. It is registered at Sewickley, Pennsylvania, United States.

Is Simio a funded company?

Simio is a funded company, having raised a total of $2.38M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.2M, raised on Feb 24, 2010.

What does Simio do?

Simio LLC delivers solutions for the design, emulation, and scheduling of complex systems. Simio is designed from the ground up to support the object modeling paradigm. It also supports the seamless use of multiple modeling paradigms including a process orientation and event orientation. Also, It fully supports both discrete and continuous systems, along with large scale applications based on-agent based modeling. These modeling paradigms can be freely mixed within a single model. Simio can be used in industries like Academic Research, Manufacturing, Military Defense, Automotive, Mining and Health Care.

Who are the top competitors of Simio?

Simio's top competitors include Process Systems Enterprise, aPriori and Shichuang Technology.

What products or services does Simio offer?

Simio offers Discrete Event Simulation Software, Advanced Planning and Scheduling Software, and Digital Twin Software.

Who are Simio's investors?

Simio has 1 investor. Key investors include Aegis Industrial Software Corporation.

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