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 May 31, 2026, the latest employee count at Flexcompute is 105.

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. Its primary sector is Digital Twin. In United States, the Digital Twin sector has seen $1.12B in funding in 2026 to date.

Where does Flexcompute rank among its competitors?

Flexcompute ranks 4th amongst 111 active competitors, of which 28 are funded. It stands 2nd 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, Hexagon and Cognite. Among them, Algo8 secured the most recent funding round in April, 2026.

Flexcompute - 2026 Company Profile, Team, Funding & Competitors

Flexcompute is a series C company based in United States, founded in 2015 by Qiqi Wang. It operates as a Developer of cloud-based physics simulation software for engineering design applications. Flexcompute has raised $80.7M in funding from Coatue. The company has 111 active competitors, including 28 funded and 7 that have exited. Its top competitors include companies like Altair, Hexagon and Cognite.

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 111 active competitors

Employee Count

105 as on May 31, 2026

Similar Companies

Altair & 63 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	5673732	Series C	3298472	4001953	9354112	8152763
Nov 17, 2021	5446638	Series B	4174474	4245396	8924683	GGV Capital & 2 more
Dec 02, 2020	5920519	Series A	8909197	7307413	3454835	7573726

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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 of Flexcompute.
Contact Info: 1 email address

View details of Flexcompute's Founder profiles and Board Members

Flexcompute's employee count trend

Flexcompute has 105 employees as of May 26. Here is Flexcompute's employee count trend over the years:

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Top competitors of Flexcompute include Altair, Hexagon and Cognite. 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	Hexagon 1975, Stockholm (Sweden), Public	Provider of digital reality solutions combining measurement, positioning, and autonomous technologies	-	LIFT Ecosystem Accelerator, Europa & 6 others	72/100
3rd	Cognite 2016, Lysaker (Norway), Acquired	Provider of industrial artificial intelligence and data management platform solutions	$225M	TCV, Accel & 5 others	70/100
4th	Flexcompute 2015, United States, Series C	Developer of cloud-based physics simulation software for engineering design applications	$80.7M	GGV Capital, 3W Partners & 4 others	63/100
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	AXA Venture Partners, Glasswing Ventures ... & 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	ToffeeX 2019, London (United Kingdom), Series A	Physics-driven generative design software for engineering	$7.3M	Presidio Ventures, IQ Capital & 8 others	46/100
10th	Twyn 2021, Noida (India), Seed	Provider of digital twin solutions for industrial operations and process optimization	$3.59M	JITO Incubation & Innovation Foundation, Twyn Investment ... & 63 others	46/100