About Simularge
Simularge is a company based in Istanbul (Turkey) founded in 2018 by Buryan Turan and Erhan Turan.. Simularge has raised $350 thousand across 3 funding rounds from investors including European Union, Trkiye Kalknma Fonu and Alchemist Accelerator. Simularge offers products and services including TwinIDE, OpsTwin, SuperCFD, and ConnPack. Simularge operates in a competitive market with competitors including Luminous Group, Simsys Global, Virtual Technology Simplified, SO REAL and NetLume, among others.
- Headquarter Istanbul, Turkey
- Founders Buryan Turan, Erhan Turan
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Simularge, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$350 K (USD)
in 3 rounds
-
Latest Funding Round
$350 K (USD), Seed
Sep 08, 2023
-
Investors
European Union
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Simularge
Simularge offers a comprehensive portfolio of products and services, including TwinIDE, OpsTwin, SuperCFD, and ConnPack. 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.
Platform for creating and scaling engineering models with drag-and-drop.
Software for real-time data monitoring and operational efficiency.
Tool for computational fluid dynamics in industrial processes.
Solution for integrating sensors and devices in manufacturing.
Unlock access to complete
Unlock access to complete
Funding Insights of Simularge
Simularge has successfully raised a total of $350K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $350 thousand completed in September 2023. 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 3
- Last Round Seed — $350,000
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Seed - Simularge | Valuation | Trkiye Kalknma Fonu |
|
| Jun, 2022 | Amount | Grant - Simularge | Valuation |
investors |
|
| Oct, 2021 | Amount | Seed - Simularge | Valuation | Alchemist Accelerator |
|
| 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 Simularge
Simularge has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Trkiye Kalknma Fonu and Alchemist Accelerator. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Enterprise startups are accelerated via a 6-month program.
|
Founded Year | Domain | Location | |
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
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 Simularge
| 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 - Simularge
| 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 |
Simularge Comparisons
Competitors of Simularge
Simularge 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 Luminous Group, Simsys Global, Virtual Technology Simplified, SO REAL and NetLume, 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 |
VR-based interactive architecture visualization solutions are developed.
|
|
| domain | founded_year | HQ Location |
Technology company specializing in digital twin solutions, utilizing cutting-edge technologies such as AI, blockchain, and big data to provide space information systems and related services
|
|
| domain | founded_year | HQ Location |
Provider of digital twin development solutions
|
|
| domain | founded_year | HQ Location |
Provider of digital twin development services
|
|
| domain | founded_year | HQ Location |
Digital transformation services are provided by NetLume in Germany.
|
| 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 Simularge
Frequently Asked Questions about Simularge
When was Simularge founded?
Simularge was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Simularge located?
Simularge is headquartered in Istanbul, Turkey.
Who is the current CEO of Simularge?
Buryan Turan is the current CEO of Simularge. They have also founded this company.
Is Simularge a funded company?
Simularge is a funded company, having raised a total of $350K across 3 funding rounds to date.
What does Simularge do?
Simularge was founded in 2018 and is based in Istanbul, Turkey. Engineering services are delivered to enterprises across sectors, focusing on tool development, technical support, consulting, quality improvement, designing, development, sharing platforms, and online simulation tools. Operations emphasize practical solutions for client needs, with Unilever among the served companies. The firm operates within the engineering services domain to support enterprise-level technical requirements.
Who are the top competitors of Simularge?
Simularge's top competitors include Luminous Group, Simsys Global and FloatScans.
What products or services does Simularge offer?
Simularge offers TwinIDE, OpsTwin, SuperCFD, and ConnPack.
Who are Simularge's investors?
Simularge has 3 investors. Key investors include European Union, Trkiye Kalknma Fonu, and Alchemist Accelerator.