About SimScale
SimScale is a company based in Munchen (Germany) founded in 2012.. SimScale has raised $58.73 million across 6 funding rounds from investors including Molten Ventures, Insight Partners and Earlybird. SimScale offers products and services including SimScale Platform, Fluid Dynamics Simulation, and Structural Mechanics Analysis. SimScale operates in a competitive market with competitors including Altair, ZWSOFT, dSPACE, Tech Soft and ESI Group, among others.
- Headquarter Munchen, Germany
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Sectors
Industrial Goods & Manufacturing
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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 Simscale Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$58.73 M (USD)
in 6 rounds
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Latest Funding Round
$29.01 M (USD), Series C
Oct 28, 2021
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Investors
Molten Ventures
& 9 more
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Employee Count
Employee Count
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Products & Services of SimScale
SimScale offers a comprehensive portfolio of products and services, including SimScale Platform, Fluid Dynamics Simulation, and Structural Mechanics Analysis. 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.
Cloud-based tool for engineering simulations and AI predictions.
Simulates fluid flow for design optimization in various industries.
Performs static and dynamic analyses for structural integrity.
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Funding Insights of SimScale
SimScale has successfully raised a total of $58.73M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $29.01 million completed in October 2021. 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 6
- Last Round Series C — $29.0M
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series C - SimScale | Valuation | Insight Partners , Molten Ventures | |
| Jan, 2020 | Amount | Series C - SimScale | Valuation | Insight Partners | |
| Jun, 2017 | Amount | Series B - SimScale | Valuation | June Fund |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 SimScale
SimScale has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Molten Ventures, Insight Partners 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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Investment firm scaling software and technology companies from early to late stages.
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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 | |
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Tech-focused VC firm investing globally
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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 SimScale
| 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 - SimScale
| 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 |
Simscale Comparisons
Competitors of SimScale
SimScale 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 Altair, ZWSOFT, dSPACE, Tech Soft and ESI Group, 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 |
AI-powered data science platform enables model deployment and analytics insights.
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| domain | founded_year | HQ Location |
CAD/CAM software solutions for design and product development are provided.
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Provider of engineering tools for developing and testing mechatronic control systems
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| domain | founded_year | HQ Location |
Provide 3D designing softwares for developers
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| domain | founded_year | HQ Location |
Design and simulation software is supplied to industrial manufacturers worldwide.
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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 Simscale
Frequently Asked Questions about SimScale
When was SimScale founded?
SimScale was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is SimScale located?
SimScale is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Is SimScale a funded company?
SimScale is a funded company, having raised a total of $58.73M across 6 funding rounds to date.
What does SimScale do?
SimScale was founded in 2012 and is headquartered in Munich, Germany. Cloud-based simulation software is developed for the engineering sector, with modules covering fluid dynamics, structural mechanics, and thermal simulations. Operations include running multiple simulations concurrently and supporting various 3D file formats. The platform serves clients in industries such as construction and manufacturing, including Larsen Toubro, Magna, and Johnson Johnson.
Who are the top competitors of SimScale?
What products or services does SimScale offer?
SimScale offers SimScale Platform, Fluid Dynamics Simulation, and Structural Mechanics Analysis.
Who are SimScale's investors?
SimScale has 10 investors. Key investors include Molten Ventures, Insight Partners, Earlybird, June Fund, and Vsquared Ventures.
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