SimScale

SimScale is a computer-aided engineering software product based on cloud computing. It is the world’s first production-ready SaaS application for engineering simulation.

SimScale empowers engineers, designers, and scientists around the world to develop their products better, faster, and more efficiently.

SimScale was co-founded in 2012 by David Heiny, Johannes Probst, Alexander Fischer, Anatol Dammer, and Vincenz Dölle. The company is headquartered in Munich, Germany.

 

SimScale provides a cloud-native engineering simulation solution that aims to remove the pain points of traditional computer aided engineering (CAE) software enabling engineering teams to focus on designing products.

 

SimScale's software enables engineering teams to get designs faster by making accurate, end-to-end engineering simulations technically and economically accessible for any organisation, anywhere in the world.

 

SimScale's platform enables access to engineering simulations across R&D stages and cycles, applications and industries. The company currently has over 300,000 current users

 

SimScale is backed by Insight Partners, Draper Esprit, Earlybird Ventures, Union Square Ventures (USV), June, Vsquared, and others. The company raised raised an additional €25M as an extension to its Series C on Oct 28, 2021. This follows a €27M Series C round raised in Jan 2020, bringing the round total to €52M. 

 

 

  • Year founded: 2012
  • Funding Info: €52M over 2 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Munich
  • State: Bavaria
  • Country: Germany
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