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
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Sectors
TechnologyTelecommunications
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Phone
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Website
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Social
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- Legal Name Simulity Labs Limited
- Date of Incorporation 19 May, 2009
- Jurisdiction CAMBRIDGE, CAMBRIDGESHIRE, ENGLAND
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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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $4.9M
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First Round
First Round
(14 Jan 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2016 | Amount | Series A - Simulity | Valuation |
investors |
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| Jan, 2015 | Amount | Debt – Conventional - Simulity | Valuation |
investors |
| 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 Simulity
Simulity has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Arm, BMS Finance and Foresight Group. 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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Foresight Group is engaged in sustainable investment management.
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Founded Year | Domain | Location | |
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Term loans are provided to SMEs by BMS Finance.
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Founded Year | Domain | Location | |
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AI and cloud-based IPs for microprocessors and GPUs to develop AI applications
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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 Simulity
| 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 - Simulity
| 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 |
Simulity Comparisons
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. 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 |
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
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Cellular IoT modules, connectivity, platforms, and custom solutions are provided.
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Provider of cellular IoT modules, global connectivity, and modem cloud services
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IoT connectivity solutions are provided via SIM cards and platforms.
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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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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 Simulity
Frequently Asked Questions about Simulity
When was Simulity founded?
Simulity was founded in 2009 and raised its 1st funding round 6 years after it was founded.
Where is Simulity located?
Simulity is headquartered in Bangor, United Kingdom. It is registered at Bangor, Wales, United Kingdom.
Is Simulity a funded company?
Simulity is a funded company, having raised a total of $4.88M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $2.27M, raised on Jan 14, 2015.
How many employees does Simulity have?
As of May 31, 2017, the latest employee count at Simulity is 26.
What does Simulity do?
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.
Who are the top competitors of Simulity?
Who are Simulity's investors?
Simulity has 3 investors. Key investors include Arm, BMS Finance, and Foresight Group.