OnScale - About the company
OnScale is an acquired company based in Redwood City (United States), founded in 2018 by Andrew Tweedie, Robbie Banks and Ryan Diestelhorst. It operates as a Provider of plug-in solutions for computer-aided engineering design services. OnScale has raised $18.1M in funding from investors like Intel Capital, Gradient Ventures and Thornton Tomasetti. The company has 58 active competitors, including 8 funded and 19 that have exited. Its top competitors include companies like Altair, ZWSOFT and dSPACE.
Company Details
- Website
- www.onscale.com
- Email ID
- *****@onscale.com
Key Metrics
Founded Year
2018
Location
Redwood City, United States
Stage
Acquired
Total Funding
$18.1M in 2 rounds
Latest Funding Round
Investors
Ranked
7th among 58 active competitors
Employee Count
5 as on Aug 31, 2026
Exit Details
Acquired by Ansys (Apr 13, 2022)
OnScale's acquisition details
OnScale got acquired by Ansys on Apr 13, 2022.
Click here to take a look at OnScale's acquisition in detail
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OnScale's funding and investors
OnScale has raised a total funding of $18.1M over 2 rounds. Its first funding round was on Mar 01, 2018. Its latest funding round was a Series A round on Jan 02, 2019 for $*****. 7 investors participated in its latest round. OnScale has 16 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of OnScale:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 02, 2019 | 4311078 | Series A | 8327765 | 5461845 | 3326049 | 1485632 |
Mar 01, 2018 | 6261607 | Seed | 8088456 | 6116403 |
View details of OnScale's funding rounds and investors
OnScale's founders and board of directors
Founder? Claim ProfileThe founders of OnScale are Andrew Tweedie, Robbie Banks and Ryan Diestelhorst. Ian Campbell is the CEO of OnScale.
Here are the details of OnScale's key team members:
- Andrew Tweedie: Co-Founder of OnScale.
- Robbie Banks: Founder of OnScale.
- Ryan Diestelhorst: Founder & VP of Product of OnScale and founder of 1 other company.
- Ian Campbell: Founder and CEO of OnScale.
View details of OnScale's Founder profiles and Board Members
OnScale's employee count trend
OnScale has 5 employees as of Aug 26. Here is OnScale's employee count trend over the years:
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OnScale's Competitors and alternates
Top competitors of OnScale include Altair, ZWSOFT and dSPACE. Here is the list of Top 10 competitors of OnScale, ranked by Tracxn score:
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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 | 77/100 | |
2nd | Provider of CAD/CAM software solutions | $31.4M | 70/100 | ||
3rd | Provider of engineering tools for developing and testing mechatronic control systems | - | 59/100 | ||
4th | Cloud-based simulation software | $60.3M | 58/100 | ||
5th | Gamma Technologies 1994, Westmont (United States), Late Stage | Develops CAE software for systems simulation across different industries | - | 58/100 | |
6th | Provider of design and simulation software | - | 51/100 | ||
7th | OnScale 2018, Redwood City (United States), Acquired | Provider of plug-in solutions for computer-aided engineering design services | $18.1M | 47/100 | |
8th | nTop 2015, New York City (United States), Series D | Developer of computational design software for engineering teams | $133M | 46/100 | |
9th | Comet Solutions 2001, Albuquerque (United States), Acquired | Provider of simulation software for product development | $21.2M | 43/100 | |
10th | System-level modelling and analysis tools | - | 42/100 |
Looking for more details on OnScale's competitors? Click here to see the top ones
OnScale's Investments and acquisitions
OnScale has made no investments or acquisitions yet.
Reports related to OnScale
Here is the latest report on OnScale's sector:
News related to OnScale
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Technology Accelerator TTWiiN Celebrates Sale of Portfolio Company Onscale to ANSYSCsengineermag•May 28, 2022•OnScale, Ansys
•
Ansys Adds Technology from OnScale Acquisition to Its Cloud PortfolioHostingJournalist•Apr 19, 2022•Ansys, OnScale
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OnScale Introduces OnScale Solve™: The World’s First Cloud Engineering Simulation PlatformDigital Engineering•Nov 12, 2020•OnScale
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OnScale Introduces OnScale Solve, The Industry's First Cloud Engineering Simulation PlatformMicrowave Journal•Oct 28, 2020•OnScale
•
OnScale Launches ‘Digital Twins’ of Lungs to Improve COVID-19 Patients OutcomesHIT Consultant•Apr 15, 2020•OnScale
•
OnScale and SoftMEMS Collaborate with Mentor to Announce a New Integrated Workflow for MEMS Digital PrototypingPR Newswire•Oct 23, 2019•OnScale, SoftMEMS, Mentor Graphics
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OnScale Expands C-Suite with Former Dassault Systèmes Simulation Expert, David FreedPR Newswire•Oct 10, 2019•OnScale
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OnScale Disrupts Engineering: Raises 10 Million From Intel Capital and Gradient VenturesNewswire•Apr 01, 2019•OnScale, Intel Capital, Gradient Ventures, Thornton Tomasetti and 5 others
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