Simulity

Bangor, United Kingdom Founded: 2009 • Age: 17 yrs Acquired By Arm
Operating System provider for SIMUSIMISIM M2M modules
Annual revenue - Latest available
Total funding $4.9M 2 rounds
Employees 26 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Simulity

Simulity is a company based in Bangor (United Kingdom) founded in 2009 was acquired by Arm in July 2016. Simulity has raised $4.88 million across 2 funding rounds from investors including Arm, BMS Finance and Foresight Group. The company has 26 employees as of May 31, 2017. Simulity operates in a competitive market with competitors including Truphone, Airalo, Airlinq, Telit Communications and Cavli Wireless, among others.

  • Headquarter Bangor, United Kingdom
  • Employees 26 as on 31 May, 2017
  • Sectors
    Technology
    Telecommunications
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Simulity Labs Limited
  • Date of Incorporation 19 May, 2009
  • Jurisdiction CAMBRIDGE, CAMBRIDGESHIRE, ENGLAND
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Telecommunications → Telecommunications Infrastructure & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    $18.87 K (USD)
    0
    as on Dec 31, 2020
  • EBITDA
    Not available
  • Total Equity Funding
    $4.88 M (USD)

    in 2 rounds

  • Latest Funding Round
    $4.88 M (USD), Series A

    Nov 01, 2016

  • Investors
    Arm

    & 2 more

  • Employee Count
    26

    as on May 31, 2017

  • Acquired by
    Arm

    (Jul 05, 2016)

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Funding Insights of Simulity

Simulity has successfully raised a total of $4.88M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.88 million completed in November 2016. 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.

Investors in Simulity

Simulity has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Arm, BMS Finance and Foresight Group.

All
Institutional
Investor Description Founded Year Domain Location
Foresight Group is engaged in sustainable investment management.
Locked Locked Locked
Term loans are provided to SMEs by BMS Finance.
Locked Locked Locked
AI and cloud-based IPs for microprocessors and GPUs to develop AI applications
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Investor details for Simulity

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Investments & Acquisitions by Simulity

Investments
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Investment portfolio details for Simulity

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Financial Statements - Simulity

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Detailed financials for Simulity

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Simulity Comparisons

Simulity Primary company
Description
Operating System provider for SIM/USIM/ISIM & M2M modules
Location
Bangor, United Kingdom
Founded Year
2009
Annual Revenue
Not available
Net Profit
$18.87 K (USD)
EBITDA
Not available
Employees
26
As of 2017
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Peer comparison for Simulity

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Competitors of Simulity

Simulity 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 Truphone, Airalo, Airlinq, Telit Communications and Cavli Wireless, among others.

Company Name Domain Founded year HQ Location Description
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International mobile services are provided under various brands for enterprises.
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Operator of eSIM stores intended to provide connectivity to travellers
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IoT and SaaS-based provider of application development solutions for connected ecosystems
Locked Locked Locked
Cellular IoT modules, connectivity, platforms, and custom solutions are provided.
Locked Locked Locked
Provider of cellular IoT modules, global connectivity, and modem cloud services
Locked Locked Locked
IoT connectivity solutions are provided via SIM cards and platforms.
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Detailed competitors of Simulity

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Latest news on Simulity

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Complete news archive for Simulity

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Frequently Asked Questions about Simulity

Simulity was founded in 2009 and raised its 1st funding round 6 years after it was founded.

Simulity is headquartered in Bangor, United Kingdom. It is registered at Bangor, Wales, United Kingdom.

Simulity is a funded company, having raised a total of $4.88M across 2 funding rounds to date.

As of May 31, 2017, the latest employee count at Simulity is 26.

Simulity was founded in 2009 in Bangor, United Kingdom, and operates within the embedded communications sector. SIMUSIMISIM solutions and OTA platforms are supplied to mobile network operators, alongside support for M2M modules. An Android-based virtual SIM platform named Pegasus, compliant with GSMA eUICC remote provisioning standards, was launched recently. The flagship eSIM operating system, SIMgine, was unveiled to enable secure remote provisioning and connectivity.

Simulity's top competitors include Airalo, 1NCE and Truphone.

Simulity has 3 investors. Key investors include Arm, BMS Finance, and Foresight Group.

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