Model Wise - About the company
Model Wise is a seed company based in Germany, founded in 2019 by Arnold Bitner, Florian Grigoleit and Iliya Valchev. It operates as a Safety analysis solutions for product development. Model Wise has raised $3.84M in funding from Join Capital. The company has 71 active competitors, including 11 funded and 7 that have exited. Its top competitors include companies like Lumafield, HighQA and Techstreet.
Company Details
Safety analysis solutions for product development. It develops software which integrates with software from Matlab, Cadence, LTspice and more. Its solutions automate routine tasks and checks.
- Website
- modelwise.ai
- Email ID
- *****@modelwise.ai
- Phone Number
- +49 **********
Key Metrics
Founded Year
2019
Location
Stage
Seed
Total Funding
$3.84M in 4 rounds
Latest Funding Round
Investors
Ranked
7th among 71 active competitors
Employee Count
22 as on May 31, 2026
Legal entities associated with Model Wise
Model Wise is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
modelwise GmbH CIN: HRB259344 , Germany, Active | Sep 14, 2020 | - | - | |
modelwise GmbH CIN: D2601_HRB259344 , Germany, Active | Sep 15, 2020 | - | - | |
MODELWISE TECHNOLOGIES INC. CIN: 6738387 , United States, Active | Apr 13, 2022 | - | - | - |
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Model Wise's funding and investors
Model Wise has raised a total funding of $3.84M over 4 rounds. Its first funding round was on Apr 03, 2023. Model Wise has 5 institutional investors.
Here is the list of recent funding rounds of Model Wise:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 15, 2025 | 5102267 | Seed | 3526253 | 3900612 | 7524193 | 5608634 |
Apr 24, 2025 | 5048064 | Seed | 5721984 | 3946300 | 8369950 | 1945153 |
Oct 26, 2023 | 3441564 | Seed | 3693062 | 4483561 | 6149159 | 1895478 |
View details of Model Wise's funding rounds and investors
Model Wise's founders and board of directors
Founder? Claim ProfileThe founders of Model Wise are Arnold Bitner, Florian Grigoleit and Iliya Valchev. Florian Grigoleit is the CEO of Model Wise.
Here are the details of Model Wise's key team members:
- Arnold Bitner: Co-Founder & CRO of Model Wise.
- Florian Grigoleit: Co-Founder & CEO of Model Wise. Contact Info: 1 email address
- Iliya Valchev: Co-Founder of Model Wise.
View details of Model Wise's Founder profiles and Board Members
Model Wise's employee count trend
Model Wise has 22 employees as of May 26. Here is Model Wise's employee count trend over the years:
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Model Wise's Competitors and alternates
Top competitors of Model Wise include Lumafield, HighQA and Techstreet. Here is the list of Top 10 competitors of Model Wise, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Lumafield 2019, Cambridge (United States), Series C | Provider of industrial X-ray CT scanners and cloud-based analysis software | $142M | 64/100 | |
2nd | HighQA 2014, Hazlet (United States), Seed | Quality management system provider | $3.5M | 53/100 | |
3rd | Techstreet 1996, Ann Arbor (United States), Acquired | Provider of data marketplace for businesses | - | - | 51/100 |
4th | Accuris 2023, Englewood (United States), Funding Raised | Accuris | - | 43/100 | |
5th | SensoVision 2015, Bengaluru (India), Seed | Vision-based quality inspection solution | $127K | 43/100 | |
6th | Sparta Systems 1994, Holmdel (United States), Acquired | Cloud-based quality management software | - | 42/100 | |
7th | Model Wise 2019, Germany, Seed | Safety analysis solutions for product development | $3.84M | 40/100 | |
8th | Laminar 2020, Somerville (United States), Series A | Developer of spectral sensor technology and AI models for factory optimization | $12.4M | 37/100 | |
9th | 24 Vision System 2019, Frydek Mistek (Czech Republic), Seed | AI and vision-based quality management system | $1.62M | 36/100 | |
10th | 1factory 2011, Milpitas (United States), Unfunded | Cloud-based quality management software for manufacturing, supplier, and incoming quality control | - | - | 35/100 |
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Model Wise's Investments and acquisitions
Model Wise has made no investments or acquisitions yet.
Reports related to Model Wise
Here is the latest report on Model Wise's geography:
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