Where is GenMat located?

GenMat is headquartered in Austin, United States.

Who is the current CEO of GenMat?

Deep Prasad of GenMat. They have also founded 1 company.

How many employees does GenMat have?

As of Aug 31, 2026, the latest employee count at GenMat is 1.

Where does GenMat rank among its competitors?

GenMat ranks 35th amongst 102 active competitors, of which 25 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was CuspAI, which secured $450M in Jul, 2026.

Who are the top competitors of GenMat?

GenMat's top competitors include Schrodinger, SandboxAQ and PASQAL. Among them, CuspAI secured the most recent funding round in July, 2026.

GenMat - 2026 Company Profile, Team & Competitors

GenMat is an acquired company based in Austin (United States), founded in 2021 by Deep Prasad. It operates as an Advancing materials engineering through the application of AI and quantum computing. The company has 102 active competitors, including 25 funded and 9 that have exited. Its top competitors include companies like Schrodinger, SandboxAQ and PASQAL.

Company Details

Advancing materials engineering through the application of AI and quantum computing. The platform develops an ecosystem of solutions and quantum-empowered technology that enables clients to carry out materials discovery.

Website: www.genmat.xyz/
Social
Email ID: *****@genmat.xyz
Phone Number: +1 **********

Key Metrics

Founded Year

2021

Location

Austin, United States

Stage

Acquired

Ranked

35^th among 102 active competitors

Employee Count

1 as on Aug 31, 2026

Similar Companies

Schrodinger & 85 more

Exit Details

Acquired by Comstock (Oct 07, 2024)

View GenMat's full profile

GenMat got acquired by Comstock on Oct 07, 2024.

Click here to take a look at GenMat's acquisition in detail

GenMat has not raised any funding rounds yet.

The founders of GenMat is Deep Prasad. Deep Prasad is the CEO of GenMat.

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

Deep Prasad: Founder & CEO of GenMat.
Contact Info: 1 email address

View details of GenMat's Founder profiles and Board Members

GenMat's employee count trend

GenMat has 1 employees as of Aug 26. Here is GenMat's employee count trend over the years:

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Top competitors of GenMat include Schrodinger, SandboxAQ and PASQAL. Here is the list of Top 10 competitors of GenMat, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Schrodinger 1990, New York City (United States), Acquired	Provider of a web-based simulation and modelling tool	$162M	Gates, WuXi AppTec & 16 others	72/100
2nd	SandboxAQ 2022, Palo Alto (United States), Series E	Developer of quantitative artificial intelligence models for various industry applications	$950M	T. Rowe Price, Breyer Capital & 34 others	66/100
3rd	PASQAL 2016, Paris (France), Public	Developer of neutral atom quantum computers, offering hardware, cloud access, and software.	$300M	Temasek, Quantonation & 12 others	64/100
4th	CuspAI 2024, Cambridge (United Kingdom), Series B	Developer of artificial intelligence systems for accelerated industrial materials discovery	$670M	New Enterprise Associates, Temasek & 35 others	63/100
5th	PhaseCraft 2019, Bristol (United Kingdom), Series B	Provider of quantum simulation systems	$56.4M	UCL Technology Fund, LocalGlobe & 14 others	63/100
6th	Syensqo 2023, Brussels (Belgium), Acquired	Provider of solutions for materials and chemicals services	-	NASA, Europa	49/100
7th	Quantistry 2019, Berlin (Germany), Series A	Provider of AI and cloud-powered quantum simulation solutions for chemicals	$3.28M	Ananda Impact Ventures, IBB Ventures & 2 others	47/100
8th	Multiscale 2020, Atlanta (United States), Series B	Provider of AI based platform offering material planning for the manufacturing sector	$18.6M	Alumni Ventures, AlleyCorp & 2 others	46/100
9th	Good Chemistry 2021, Vancouver (Canada), Acquired	Provider of AI and cloud-powered quantum simulation solutions for chemicals	-	WorldQuant Ventures, Green Sands Equity & 2 others	45/100
10th	HQS Quantum Simulations 2017, Karlsruhe (Germany), Series A	Developer of quantum simulation software for spectroscopy and related techniques	$16.2M	b2venture, UVC Partners & 10 others	45/100
35th	GenMat 2021, Austin (United States), Acquired	Advancing materials engineering through the application of AI and quantum computing	-	-	27/100