About solidThinking
solidThinking is a company based in Troy (United States) founded in 1991 was acquired by Altair in July 2008.. solidThinking operates in a competitive market with competitors including AnalySwift, nCode, Simsolid, SmartUQ and EDEM Simulation, among others.
- Headquarter Troy, United States
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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 Altair Engineering Inc
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Funding Insights of solidThinking
| 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 solidThinking
solidThinking has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Altair. 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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AI-powered data science platform enables model deployment and analytics insights.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by solidThinking
| 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 - solidThinking
| 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 |
Solidthinking Comparisons
Competitors of solidThinking
solidThinking 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 AnalySwift, nCode, Simsolid, SmartUQ and EDEM Simulation, 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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Developer of composite modeling software for structural analysis and virtual testing
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Software solutions for fatigue and durability testing are provided.
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Structural simulation software is offered for CAD assemblies without meshing.
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Uncertainty quantification for complex system simulations is provided.
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Discrete Element Method software for bulk material simulation is provided.
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Cloud-based 3D structural analysis software is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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Frequently Asked Questions about solidThinking
When was solidThinking founded?
solidThinking was founded in 1991.
Where is solidThinking located?
solidThinking is headquartered in Troy, United States.
What does solidThinking do?
solidThinking provides industrial and product designers, design engineers, and architects to design and perform structural analysis. Its products include Inspire, which is used to generate and investigate structurally efficient concepts and Evolve, which is used for initial sketching, rendering, and styling. Also provides Altair 365 which is cloud-based simulation software. After Altairs acquisition of Click2Cast in 2015, Click2Cast products are also sold through solidThinking business line. Some of the customers include KSS, Navistar, Fallbrook Technologies, and Schneider Electric.
Who are the top competitors of solidThinking?
Who are solidThinking's investors?
solidThinking has 1 investor. Key investors include Altair.
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