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 Aug 31, 2026, the latest employee count at Flexcompute is 123.

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 $1.38B in funding in 2026 to date.

Where does Flexcompute rank among its competitors?

Flexcompute ranks 7th amongst 176 active competitors, of which 27 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Algo8, which secured $1.97M 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

7^th among 176 active competitors

Employee Count

123 as on Aug 31, 2026

Similar Companies

Altair & 69 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	1491243	Series C	7417363	7756272	4499143	2371884
Nov 17, 2021	7824160	Series B	9489719	1525567	9230279	3W Partners & 2 more
Dec 02, 2020	6910767	Series A	8700497	8794382	9054263	2113704

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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 123 employees as of Aug 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	77/100
2nd	Cognite 2016, Lysaker (Norway), Acquired	Provider of industrial artificial intelligence and data management platform solutions	$225M	TCV, Accel & 5 others	69/100
3rd	Hexagon 1975, Stockholm (Sweden), Public	Provider of digital reality solutions combining measurement, positioning, and autonomous technologies	-	LIFT Ecosystem Accelerator, Aeternum & 7 others	66/100
4th	Algo8 2016, Houston (United States), Seed	Provider of industrial artificial intelligence platform for energy and manufacturing sectors	$2.59M	Chemelex, IIT Startups & 3 others	65/100
5th	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	59/100
6th	Decisyon 2005, San Francisco (United States), Series B	Provider of platform for corporate performance management	$55.9M	Catalyst Investors, Horizon & 2 others	49/100
7th	Flexcompute 2015, United States, Series C	Developer of cloud-based physics simulation software for engineering design applications	$80.7M	3W Partners, Coatue & 4 others	49/100
8th	ToffeeX 2019, London (United Kingdom), Series A	Physics-driven generative design software for engineering	$7.55M	IQ Capital, Presidio Ventures & 8 others	47/100
9th	Prodea 2006, Richardson (United States), Series D	Provider of cloud-based solutions for IoT applications	$156M	SWFI, DCM Ventures & 5 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