Process Systems Enterprise - About the company
Process Systems Enterprise is an acquired company based in London (United Kingdom), founded in 1997. It operates as a Process modeling software and model based engineering services. Process Systems Enterprise has raised $3.05M in funding. The company has 134 active competitors, including 9 funded and 20 that have exited. Its top competitors include companies like FEI Company, CMG and Simio.
Company Details
PSE specializes in providing process modeling software and model-based engineering services. Its family of advanced process modeling products is built on the gPROMS platform. The gPROMS platform provides all the essential functions such as drag-drop flowsheeting, first-principles custom modelling, parameter estimation, and a powerful optimization framework that allows users to seek optimal solutions directly rather than by trial-and-error simulation. The gPROMS family of software provides process modeling solution from R D to online operations, from general-purpose flowsheeting to optimization of reactor and crystallizer design. Also, it offers gFUELCELL that provides fuel cell and battery system design solutions.
- Website
- psenterprise.com
Key Metrics
Founded Year
1997
Location
London, United Kingdom
Stage
Acquired
Total Funding
$3.05M in 5 rounds
Latest Funding Round
Investors
Ranked
10th among 134 active competitors
Employee Count
49 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Siemens (Sep 16, 2019)
Legal entities associated with Process Systems Enterprise
Process Systems Enterprise is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Siemens Process Systems Engineering Limited CIN: 3307708 , Germany, Active | Jan 26, 1997 | - | 211 (As on Sep 30, 2021) |
Process Systems Enterprise's acquisition details
Process Systems Enterprise got acquired by Siemens on Sep 16, 2019.
Click here to take a look at Process Systems Enterprise's acquisition in detail
Sign up to download Process Systems Enterprise's company profile
Process Systems Enterprise's funding and investors
Process Systems Enterprise has raised a total funding of $3.05M over 5 rounds. Its first funding round was on Jul 2007. Its latest funding round was a Grant (prize money) round on Nov 01, 2016 for $*****. 1 investor participated in its latest round. Process Systems Enterprise has 4 institutional investors.
Here is the list of recent funding rounds of Process Systems Enterprise:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 01, 2016 | 2285985 | Grant (prize money) | 2712397 | 7762011 | 3897647 | 7629762 |
Oct 01, 2016 | 4366494 | Grant (prize money) | 5743336 | 6793128 | 1730571 | |
Jan 01, 2016 | 9115280 | Grant (prize money) | 5197811 | 6886702 | 6506986 |
View details of Process Systems Enterprise's funding rounds and investors
Process Systems Enterprise's founders and board of directors
Founder? Claim ProfileProcess Systems Enterprise's employee count trend
Process Systems Enterprise has 49 employees as of May 26. Here is Process Systems Enterprise's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Process Systems Enterprise's Competitors and alternates
Top competitors of Process Systems Enterprise include FEI Company, CMG and Simio. Here is the list of Top 10 competitors of Process Systems Enterprise, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | FEI Company 1971, Hillsboro (United States), Acquired | Electron microscopy solutions for advancing scientific discovery and industrial innovation | $300K | 65/100 | |
2nd | Software technology and consulting service provider | - | - | 51/100 | |
3rd | Simio 2006, Sewickley (United States), Acquired | Simulation Software | $2.38M | - | 46/100 |
4th | RESMAN Energy Technology 2005, Trondheim (Norway), Acquired | Providing technology solutions for oil and gas reservoirs | - | 45/100 | |
5th | WellDog 1999, Laramie (United States), Series D | Provider of geophysical services for the oil and gas industry | $10.5M | 42/100 | |
6th | OriGen 2018, New York City (United States), Seed | Provider of analytics solutions for oil & gas industries | $1.32M | 41/100 | |
7th | CreateASoft 1992, Chicago (United States), Unfunded | AI-powered simulation and digital twin software solutions for industry optimization | - | - | 40/100 |
8th | 3D simulation software for induction heating applications | $1.29M | 40/100 | ||
9th | Ikon Science 2001, Twickenham (United Kingdom), Acquired | Software for reservoir modeling and exploration estimations for oil & gas companies | - | 38/100 | |
10th | Process Systems Enterprise 1997, London (United Kingdom), Acquired | Process modeling software and model based engineering services | $3.05M | 38/100 |
Looking for more details on Process Systems Enterprise's competitors? Click here to see the top ones
Process Systems Enterprise's Investments and acquisitions
Process Systems Enterprise has made no investments or acquisitions yet.
Reports related to Process Systems Enterprise
Here is the latest report on Process Systems Enterprise's sector:
News related to Process Systems Enterprise
•
Siemens is releasing the new version gPROMS FormulatedProducts 2.0 - with new areas of application and significant improvements in operationBusiness Wire•Apr 27, 2021•Process Systems Enterprise
•
CPI Expands Continuous Manufacturing Partner NetworkContract Pharma•Aug 28, 2020•Centre for Process Innovation, Siemens, Perceptive Engineering, Process Systems Enterprise
•
PSE exits AlbionVC portfolio to Siemens AGPrivate Equity Wire•Sep 17, 2019•Process Systems Enterprise, AlbionVC, Siemens
•
Siemens Plans To Acquire Process Systems EnterpriseChemengonline•Sep 16, 2019•Siemens, Process Systems Enterprise, AlbionVC
•
Process Systems Enterprise: gPROMS FormulatedProducts 1.4 Includes Enhanced Capabilities Linking Digital Design to Digital OperationsBusiness Wire•Apr 19, 2019•Process Systems Enterprise
•
PSE Launches PATH Initiative for Chemical Engineering EducationBusiness Wire•Apr 16, 2019•Process Systems Enterprise
•
SCG Chemicals Company chooses gPROMS modelling for digital design and operationsBusiness Wire•Mar 22, 2019•SCGC, Process Systems Enterprise, SCG
•
PSE, ChemTech Announce Alliance Coupling AI, Advanced Process ModelsBusiness Wire•Feb 27, 2019•Process Systems Enterprise, Chemical Technology
•
gPROMS FormulatedProducts 1.3 release includes new Food Manufacture and Mining librariesBusiness Wire•Dec 05, 2018•Process Systems Enterprise
•
Siemens, PSE to Collaborate on Model-Based SolutionsBusiness Wire•Jun 12, 2018•Siemens, Process Systems Enterprise
Are you a Founder ?
FAQs about Process Systems Enterprise
Explore our recently published companies
- Marketing Agency - Deptford based, 2020 founded, Unfunded company
- Aquiyel Services - Houston based, 2020 founded, Public company
- B2clogin.com - 2017 founded, Unfunded company
- Compose Finance - Warsaw based, 2024 founded, Unfunded company
- Bubbls - United Kingdom based, Unfunded company
- TedhiMedhi Family - India based, Unfunded company