Simreka

Utrecht, Netherlands Founded: 2007 • Age: 19 yrs
AI and ML based simulation software for the new materials discovery

About Simreka

Simreka is an Industrial Goods & Manufacturing company based in Utrecht (Netherlands) founded in 2007 by Akshay Patel. It operates as an AI and ML based simulation software for the new materials discovery. Its chief executive is Akshay Patel. Its Indian entity Simreka Softwares Private Limited reported revenue of ₹2.74 Cr. Simreka offers products and services including Virtual Experiment Platform, DataBank, Generative AI for Material Informatics, and Sustainable Manufacturing. Its focus areas include Chemicals and Materials Tech, Materials Tech, Research and Development and Material Informatics. Its competitors include Citrine Informatics, MaterialsZone, Process Systems Enterprise, aPriori and Shichuang Technology and 4 more; 6 of its 9 listed competitors have raised funding.

Company details

Simreka was founded in 2007 in Utrecht, Netherlands, within the AI and machine learning sector focused on materials science. Simulation software for discovering new materials is provided, along with a platform featuring high-quality data and advanced analytics. Operations include supply chain transformation, integrated decision support, and simulations based on public and proprietary data curation. Analytics are powered by scientific algorithms, serving clients such as Rabobank, SAP Run Simple, and NSF.

  • Headquarters Utrecht, Netherlands
  • Founders Akshay Patel
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website simreka.com
  • Social LinkedIn X
  • Legal Name Devtaar Gmbh
  • Date of Incorporation 16 Jun, 2023
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹2.74 Cr

    FY 2024

  • Net Profit
    ₹9.4 Lakh

    FY 2024 · 3% margin

  • EBITDA
    ₹13.2 Lakh

    FY 2024 · 5% margin

  • Investors
    Techstars

    & 2 more

Products & Services of Simreka

Simreka offers a comprehensive portfolio of products and services, including Virtual Experiment Platform, DataBank, Generative AI for Material Informatics, and Sustainable Manufacturing.

Virtual Experiment Platform
AI Software

Platform for streamlining R&D experiments with predictive algorithms.

DataBank
Data Management

Tool for secure data storage and analysis in manufacturing.

Generative AI for Material Informatics
AI Tools

AI system for predicting material properties and reactions.

Sustainable Manufacturing
Simulation Software

Software enabling eco-friendly product development processes.

Funding Insights of Simreka

  • Total Rounds 2
  • Investors Count 3

All 2 funding rounds of Simreka with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2019–Seed–HTGF
Jun 2017–Seed–Techstars
–
Valuation history

3 investors in total: 3 institutional.

Investors in Simreka

Simreka has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Techstars, SAP.iO and High-Tech Gründerfonds.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Startups in industries and technology sectors are accelerated by SAP.iO.
–sap.ioSan Francisco, United States
Early-stage investments are made in high-tech startups by HTGF.
–htgf.deBonn, Germany
Startups are accelerated globally without sector restrictions through structured programs.
2006techstars.comNew York, United States
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Investor details for Simreka

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Board of directors of Simreka Softwares Private Limited (Simreka)

Simreka Softwares Private Limited is the primary company behind Simreka. The board of Simreka Softwares Private Limited currently have 2 directors; the longest-serving is Sayantan Dilipkumar Ghosh, appointed in 2023.

DirectorDesignationAppointedTenureEntity
Sayantan Dilipkumar Ghosh
DIN 08742198
Director16 Jun 20233 yrs 4 moSimreka Softwares Private Limited
Akshay Dilip Patel
DIN 10204434
Director16 Jun 20233 yrs 4 moSimreka Softwares Private Limited

People of Simreka

5 people are tracked at Simreka (2 in leadership, 3 in team).

NameRoleGroup
Co-Founder & CEOLeadership
Deboprio G.
Co founder & CTOLeadership
Raj Roushan
Software EngineerTeam
Abhijit Jagtap
Software Development Team LeadTeam
Praveenkumar P
Software EngineerTeam
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Complete people profiles for Simreka

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Financials of Simreka

Figures of Simreka Softwares Private Limited, the primary company behind Simreka, for FY 2024. Revenue was ₹2.74 Cr. Net profit was ₹9.4 Lakh (3% margin). EBITDA was ₹13.2 Lakh (5% margin).

  • ₹2.74 CrRevenue · FY 2024
  • ₹9.4 LakhNet profit · 3% margin
  • ₹13.2 LakhEBITDA · 5% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Simreka Softwares Private Limited are on its company page.

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Detailed financial statements for Simreka

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

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Timeline of Simreka

3 dated milestones of Simreka across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded Simreka is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Seed,.

Competitors of Simreka

Simreka has 9 listed competitors in our database, 6 of them funded. They include Citrine Informatics, MaterialsZone, Process Systems Enterprise, aPriori and Shichuang Technology, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
citrine.io2013Redwood, United States$81.26M53
Provider of AI-based solutions for materials informatics
materials.zone2017Tel Aviv, Israel$7M–
Platform offering visual analytics solutions
psenterprise.com1997London, United Kingdom$3.05M211
Process modeling software and model-based engineering services are offered.
apriori.com2003Concord, United States$108.63M194
Cost management platform is provided for discrete manufacturers.
supreium.com2016Haidian, China––
CAE software is provided for manufacturing industry simulations.
aionics.io2018Evanston, United States$4.65M16
AI and cloud-based models for battery manufacturing are developed.
visualcomponents.com1999Espoo, Finland––
Factory simulation software
osium.ai2023Paris, France$3.1M–
Provider of AI-driven solutions to revolutionize materials development cycles for various industries
amsis.de2017Bremen, Germany––
CAD data preparation software for additive manufacturing is offered online.
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Detailed competitors of Simreka

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Simreka

The website of Simreka (simreka.com) receives about 5.3K visits a month.

  • Monthly visits
    5.3K

Top companies in Materials Equipment & Tech

10 companies that operate in the same segment as Simreka (Materials Equipment & Tech), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Technology tools and systems for molecular scale are developed.
1959Abingdon, Oxfordshire, United Kingdom–USD 648.1 M–
Schrödinger is recognized for developing physics-based software platforms for molecular discovery.
1990New York, New York, United StatesUSD 162 MUSD 255.87 M891
Tech-interfaced procurement marketplace is operated for metal manufacturers.
2017Kolkata, West Bengal, IndiaUSD 17.19 MUSD 22.11 M48
Retailer of various steel products including mild, stainless, and structural
2020Mumbai, Maharashtra, IndiaUSD 91.56 MUSD 655.54 M878
Provider of B2B platform for raw material procurement and credit access
2015Ahmedabad, Gujarat, IndiaUSD 776.03 MUSD 1.88 B940
Critical minerals are recovered from e-waste via electro-extraction technology.
2017Knoxville, Tennessee, United StatesUSD 65.23 M––
Provider of AI-based solutions for materials informatics
2013Redwood City, California, United StatesUSD 81.26 M–53
Zhaogang is recognized as a leading steel e-commerce platform.
2012Shanghai, Shanghai, ChinaUSD 393.8 M–208
Digital microscopes for pathology and telepathology are developed.
2014Thane, Maharashtra, IndiaUSD 1.71 MUSD 229.8 K21
Novi is focused on enhancing AI-driven shopping experiences.
2019Larkspur, Colorado, United StatesUSD 51.65 M–16
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Frequently Asked Questions about Simreka

Simreka was founded in 2007 and raised its 1st funding round 10 years after it was founded.

Simreka is headquartered in Utrecht, Netherlands.

Akshay Patel is the current CEO of Simreka. They have also founded this company.

The primary company behind Simreka, Simreka Softwares Private Limited, reported revenue of ₹2.74 Cr for FY 2024.

Simreka was founded in 2007 in Utrecht, Netherlands, within the AI and machine learning sector focused on materials science. Simulation software for discovering new materials is provided, along with a platform featuring high-quality data and advanced analytics. Operations include supply chain transformation, integrated decision support, and simulations based on public and proprietary data curation. Analytics are powered by scientific algorithms, serving clients such as Rabobank, SAP Run Simple, and NSF.

Simreka's top competitors include Citrine Informatics, MaterialsZone and Process Systems Enterprise.

Simreka offers Virtual Experiment Platform, DataBank, Generative AI for Material Informatics, and Sustainable Manufacturing.

Simreka has 3 investors. Key investors include Techstars, SAP.iO, and High-Tech Gründerfonds.

Simreka operates through Simreka Softwares Private Limited.

The legal entities of Simreka currently have 2 directors, including Sayantan Dilipkumar Ghosh, Akshay Dilip Patel.

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