About Simr
Simr is a company based in Los Altos (United States) founded in 2013 by Burak Yenier.. Simr has raised $20 million across 1 funding round from investors including Uncorrelated Ventures, BMW i Ventures and Earlybird. Simr offers products and services including Simr Platform and HPC Infrastructure. Simr operates in a competitive market with competitors including Rescale, Theta Token, Penguin Computing, HPC-AI and Northern Data, among others.
- Headquarter Los Altos, United States
- Founders Burak Yenier
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Sectors
Technology
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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 The Ubercloud, 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
$20 M (USD)
in 1 rounds
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Latest Funding Round
$20 M (USD), Series A
May 21, 2024
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Investors
Uncorrelated Ventures
& 2 more
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Employee Count
Employee Count
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Products & Services of Simr
Simr offers a comprehensive portfolio of products and services, including Simr Platform and HPC Infrastructure. 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.
Automates cloud-based engineering simulations for faster product innovation.
Manages high-performance computing resources for secure simulation tasks.
Funding Insights of Simr
Simr has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Series A round of $20 million completed in May 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 1
- Last Round Series A — $20.0M
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First Round
First Round
(21 May 2024)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Series A - Simr | Valuation | Uncorrelated Ventures |
| 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 Simr
Simr has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Uncorrelated Ventures, BMW i Ventures and Earlybird. 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 directed toward infrastructure software companies.
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Founded Year | Domain | Location | |
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BMW i Ventures is focused on investing in automotive technology startups.
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Founded Year | Domain | Location | |
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Earlybird is recognized as a venture capital investor focused on early-stage tech companies.
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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 Simr
| 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 - Simr
| 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 |
Simr Comparisons
Competitors of Simr
Simr 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 Rescale, Theta Token, Penguin Computing, HPC-AI and Northern Data, 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 |
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| domain | founded_year | HQ Location |
Provider of cloud based HPC services
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Decentralized peer-to-peer video delivery is enabled through token rewards.
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| domain | founded_year | HQ Location |
High-performance computing solutions are delivered via Linux software and servers.
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| domain | founded_year | HQ Location |
Cloud-based HPC services are provided for AI and ML acceleration.
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Platform offering hpc based cloud computing solutions
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| domain | founded_year | HQ Location |
Cloud-based HPC and storage solutions are offered for multiple industries.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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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 Simr
Frequently Asked Questions about Simr
When was Simr founded?
Simr was founded in 2013 and raised its 1st funding round 11 years after it was founded.
Where is Simr located?
Simr is headquartered in Los Altos, United States. It is registered at Los Altos, California, United States.
Who is the current CEO of Simr?
Burak Yenier is the current CEO of Simr. They have also founded this company.
Is Simr a funded company?
Simr is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Series A of $20M, raised on May 21, 2024.
What does Simr do?
Provider of HPC as a service for cloud simulations. It is a cloud-based simulation platform to deploy software directly into customer-owned cloud environments. It streamlines simulation processes for product development and automates repetitive simulation tasks. The platform supports simulation driven decision making process.
Who are the top competitors of Simr?
Simr's top competitors include Rescale, Theta Token and JuliaHub.
What products or services does Simr offer?
Simr offers Simr Platform and HPC Infrastructure.
Who are Simr's investors?
Simr has 3 investors. Key investors include Uncorrelated Ventures, BMW i Ventures, and Earlybird.
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