When was Flexcompute founded?

Flexcompute was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Flexcompute located?

Flexcompute is headquartered in United States. It is registered at Madison, WI United States.

How many employees does Flexcompute have?

As of Jun 30, 2026, the latest employee count at Flexcompute is 110.

Is Flexcompute a funded company?

Flexcompute is a funded company, having raised a total of $80.7M across 5 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jan 01, 2016.

When was the latest funding round of Flexcompute?

Flexcompute's latest funding was a $***** Series C round on Jul 08, 2024, with participation from 0 investor.

Where does Flexcompute rank among its competitors?

Flexcompute ranks 4th amongst 126 active competitors, of which 28 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Algo8, which secured an undisclosed amount in Apr, 2026.

Who are the top competitors of Flexcompute?

Flexcompute's top competitors include Altair, Cognite and Hexagon. Among them, Algo8 secured the most recent funding round in April, 2026.

Flexcompute - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of cloud-based physics simulation software for engineering design applications. The platform provides tools for computational fluid dynamics and electromagnetic simulation to assist with research and development tasks. Users access simulation workflows for analyzing photonic integrated circuits, optical components, and structural performance. The software supports automated workflows and inverse design methodologies within integrated computational environments. Support is provided for engineering teams through technical resources and simulation platform access.

Website: www.flexcompute.com/
Email ID: *****@flexcompute.com
Registered Address: Madison, WI United States

Key Metrics

Founded Year

2015

Location

United States

Stage

Series C

Total Funding

$80.7M in 5 rounds

Latest Funding Round

Series C, Jul 08, 2024, $*****

Investors

Coatue & 5 more

Ranked

4^th among 126 active competitors

Employee Count

110 as on Jun 30, 2026

Similar Companies

Altair & 64 more

View Flexcompute's full profile

Flexcompute is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FLEXCOMPUTE INC. CIN: 47-3597478 , United States, Active	Jan 01, 2019	-	23 (As on Dec 31, 2023)	-

Flexcompute has raised a total funding of $80.7M over 5 rounds. Its first funding round was on Jan 01, 2016. Flexcompute has 6 institutional investors.

Here is the list of recent funding rounds of Flexcompute:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 08, 2024	6168298	Series C	8917004	5302536	4288591	6665798
Nov 17, 2021	1472915	Series B	4649447	8786214	6951269	GGV Capital & 2 more
Dec 02, 2020	8353957	Series A	6971188	6233964	8785627	8422042

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View details of Flexcompute's funding rounds and investors

The founders of Flexcompute is Qiqi Wang.

Here are the details of Flexcompute's key team members:

Qiqi Wang: Co-Founder and President of Flexcompute.
Contact Info: 1 email address

View details of Flexcompute's Founder profiles and Board Members

Flexcompute's employee count trend

Flexcompute has 110 employees as of Jun 26. Here is Flexcompute's employee count trend over the years:

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Top competitors of Flexcompute include Altair, Cognite and Hexagon. Here is the list of Top 10 competitors of Flexcompute, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Altair 1985, Troy (United States), Acquired	Provider of enterprise software for simulation, data analytics, AI, and HPC	$35.1M	General Atlantic, Shefa Capital & 3 others	82/100
2nd	Cognite 2016, Lysaker (Norway), Acquired	Provider of industrial artificial intelligence and data management platform solutions	$225M	TCV, Accel & 5 others	70/100
3rd	Hexagon 1975, Stockholm (Sweden), Public	Provider of digital reality solutions combining measurement, positioning, and autonomous technologies	-	LIFT Ecosystem Accelerator, Aka Capital & 7 others	65/100
4th	Flexcompute 2015, United States, Series C	Developer of cloud-based physics simulation software for engineering design applications	$80.7M	3W Partners, GGV Capital & 4 others	62/100
5th	Algo8 2016, Noida (India), Seed	Provider of industrial artificial intelligence platform for energy and manufacturing sectors	-	Chemelex, IIT Startups & 2 others	62/100
6th	Base Two 2022, Toronto (Canada), Series A	Developer of an AI platform for manufacturing process optimization and control	$17.2M	Glasswing Ventures, AXA Venture Partners ... & 14 others	61/100
7th	Decisyon 2005, San Francisco (United States), Series B	Provider of platform for corporate performance management	$55.9M	Catalyst Investors, Horizon & 2 others	60/100
8th	Productive Machines 2019, Rotherham (United Kingdom), Seed	Provider of machining optimization software	$3.43M	UK Innovation Science & Seed Fund, Innovate UK ... & 6 others	52/100
9th	Prodea 2006, Richardson (United States), Series D	Provider of cloud-based solutions for IoT applications	$156M	SWFI, Synergy Growth & 5 others	46/100
10th	ToffeeX 2019, London (United Kingdom), Series A	Physics-driven generative design software for engineering	$7.3M	Presidio Ventures, IQ Capital & 8 others	46/100