Silico - About the company
Silico is a deadpooled company based in London (United Kingdom), founded in 2019 by Chris Spencer and John Hill. It operates as a Provider of AI-based decision support software. Silico has raised $4.53M in funding from Forward Partners and Join Capital, with last known valuation of £*****. The company has 1114 active competitors, including 209 funded and 85 that have exited. Its top competitors include companies like Databricks, Palantir and Altair.
Company Details
Provider of AI-based decision support software. It provides a decision intelligence platform that assists users in planned decision-making by forecasting future outcomes. It also assists users in simulations without writing code and it also provides tools to build decision models which map the process of value creation for businesses.
- Website
- www.silicoai.com/
- Email ID
- *****@silicoai.com
- Registered Address
- 128 CITY ROAD,LONDON,ENGLAND,EC1V 2NX
Key Metrics
Founded Year
2019
Location
London, United Kingdom
Stage
Deadpooled
Total Funding
$4.53M in 2 rounds
Latest Funding Round
Last Known Valuation
£***** as on Jan 17, 2022
Investors
Ranked
118th among 1114 active competitors
Employee Count
8 as on Dec 31, 2021
Legal entities associated with Silico
Silico is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SILICO LTD CIN: 12094312 , United Kingdom, Active | Jul 09, 2019 | - | 17 (As on Jan 31, 2022) |
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Silico's funding and investors
Silico has raised a total funding of $4.53M over 2 rounds. Its first funding round was on 2020. Its latest funding round was a Seed round on Mar 03, 2022 for $*****. 2 investors participated in its latest round. Silico has 5 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Silico:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 03, 2022 | 2619169 | Seed | 1689387 | 7469001 | 9939420 | 8634520 |
2020 | 4636 | Seed | 4748 | 3088 | 9202 |
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Silico's founders and board of directors
Founder? Claim ProfileHere are the details of Silico's key team members:
- Chris Spencer: Co-Founder of Silico and founder of 1 other company. Contact Info: 2 email addresses
- John Hill: Founder & CEO of Silico.
View details of Silico's Founder profiles and Board Members
Silico's employee count trend
Silico has 8 employees as of Dec 21. The total employee count is 60.0% more than what it was in Dec 20. Here is Silico's employee count trend over the years:
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Silico's Competitors and alternates
Top competitors of Silico include Databricks, Palantir and Altair. Here is the list of Top 10 competitors of Silico, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Databricks 2013, San Francisco (United States), Series K | Data and AI platform that unifies analytics | $20.2B | 83/100 | |
2nd | Palantir 2003, Denver (United States), Public | Platform that provides data analysis and management solutions | $2.46B | 83/100 | |
3rd |  Altair 1985, Troy (United States), Acquired | Provider of enterprise software for simulation, data analytics, AI, and HPC | $35.1M | 82/100 | |
4th | Anaplan 2006, San Francisco (United States), Acquired | Provider of cloud-based platform for scenario planning, analysis, and reporting | $300M | 77/100 | |
5th | C3 AI 2009, Redwood City (United States), Public | Cloud based AI application development platform | $454M | 71/100 | |
6th |  Virtualitics 2016, Pasadena (United States), Series C | AI-driven platforms and applications for data analysis and optimization | $73.8M | 70/100 | |
7th | ThoughtSpot 2012, San Jose (United States), Series F | Provider of an agentic analytics platform delivering insights from various data | $674M | 69/100 | |
8th | GoodData 2007, San Francisco (United States), Series E | Provider of a data intelligence platform for building agentic applications | $125M | 69/100 | |
9th | Mode 2013, San Francisco (United States), Acquired | Data analytics platform with integrated R, SQL and Python | $79.8M | 69/100 | |
10th |  Xebia 2001, Amsterdam (Netherlands), Funding Raised | Provider of IT consulting and digital transformation services | - | 65/100 | |
118th | Silico 2019, London (United Kingdom), Deadpooled | Provider of AI-based decision support software | $4.53M | 42/100 |
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Silico's Investments and acquisitions
Silico has made no investments or acquisitions yet.
Reports related to Silico
Here is the latest report on Silico's geography:
News related to Silico
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Silico improve market reach with new Maracadus partnershipEnterprise Times•Aug 18, 2023•Silico, Marcadus
•
Silico enables digital twins of business processes for ArcwideEnterprise Times•Jan 18, 2023•Silico, Arcwide
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