About Simsys Global
Simsys Global is a company based in Seoul (South Korea) founded in 2001.. Simsys Global has raised $2.16 million across 1 funding round from investors including Hana Financial Group and Itrust Asset Management. Simsys Global offers products and services including Spatial Information Solution, Smart City Solutions, Digital Twin, and PropTech Services. Simsys Global operates in a competitive market with competitors including Simularge, Softweb Solutions, PipelineSentry, Virtual Technology Simplified and FloatScans, among others.
- Headquarter Seoul, South Korea
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Simsys Global 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
$2.16 M (USD)
in 1 rounds
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Latest Funding Round
$2.16 M (USD), Series A
Jun 28, 2024
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Investors
Hana Financial Group
& 1 more
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Employee Count
Employee Count
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Products & Services of Simsys Global
Simsys Global offers a comprehensive portfolio of products and services, including Spatial Information Solution, Smart City Solutions, Digital Twin, and PropTech Services. 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.
Offers 3D spatial data for defense and public sectors applications
Develops virtual cities with IoT for safety and management
Creates digital models for operations and disaster response
Provides blockchain-based real estate registration and exploration
Funding Insights of Simsys Global
Simsys Global has successfully raised a total of $2.16M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.16 million completed in June 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 — $2.2M
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First Round
First Round
(28 Jun 2024)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series A - Simsys Global | Valuation | Hana Financial Group |
| 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 Simsys Global
Simsys Global has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Hana Financial Group and Itrust Asset Management. 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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Financial management services are provided to individuals and corporates.
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Founded Year | Domain | Location | |
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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 Simsys Global
| 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 - Simsys Global
| 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 |
Simsys Global Comparisons
Competitors of Simsys Global
Simsys Global 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 Simularge, Softweb Solutions, PipelineSentry, Virtual Technology Simplified and FloatScans, 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 |
Engineering services provider
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| domain | founded_year | HQ Location |
Customized data and AI solutions are delivered for digital transformation.
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| domain | founded_year | HQ Location |
Digital twin platforms for subsea pipelines are provided.
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| domain | founded_year | HQ Location |
Provider of digital twin development solutions
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| domain | founded_year | HQ Location |
Digital twins of real-world objects are created via scanning solutions.
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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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| domain | founded_year | HQ Location |
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 Simsys Global
Frequently Asked Questions about Simsys Global
When was Simsys Global founded?
Simsys Global was founded in 2001 and raised its 1st funding round 23 years after it was founded.
Where is Simsys Global located?
Simsys Global is headquartered in Seoul, South Korea.
Is Simsys Global a funded company?
Simsys Global is a funded company, having raised a total of $2.16M across 1 funding round to date. The company's 1st funding round was a Series A of $2.16M, raised on Jun 28, 2024.
What does Simsys Global do?
Simsys Global was founded in 2001 in Seoul, South Korea. Spatial information systems, digital twin solutions, and simulation technologies are developed and offered by the company. Expertise in defense, intelligence, and public sectors is utilized to address needs across industries. Technologies including artificial intelligence, big data, and blockchain are integrated into these solutions. Research and development efforts are prioritized to support operational improvements.
Who are the top competitors of Simsys Global?
Simsys Global's top competitors include Softweb Solutions, Simularge and Luminous Group.
What products or services does Simsys Global offer?
Simsys Global offers Spatial Information Solution, Smart City Solutions, Digital Twin, and PropTech Services.
Who are Simsys Global's investors?
Simsys Global has 2 investors. Key investors include Hana Financial Group, and Itrust Asset Management.