When was Simio founded?

Simio was founded in 2006 and raised its 1st funding round 4 years after it was founded.

Where is Simio located?

Simio is headquartered in Sewickley, United States. It is registered at 11, Gothersgade, København K, 1123.

How many employees does Simio have?

As of Aug 31, 2026, the latest employee count at Simio is 47.

Is Simio a funded company?

Simio is a funded company, having raised a total of $2.38M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 24, 2010.

When was the latest funding round of Simio?

Simio's latest funding was a $***** Seed round on Oct 28, 2011, with participation from 0 investor.

Where does Simio rank among its competitors?

Simio ranks 1st amongst 64 active competitors, of which 5 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was CENOS, which secured $1.12M in Feb, 2022.

Who are the top competitors of Simio?

Simio's top competitors include CreateASoft, CENOS and Process Systems Enterprise. Among them, CENOS secured the most recent funding round in February, 2022.

Simio - 2026 Company Profile, Team, Funding, Competitors & Financials

Simio is an acquired company based in Sewickley (United States), founded in 2006 by Dennis Pegden. It operates as a Simulation Software. Simio has raised $2.38M in funding. The company has 64 active competitors, including 5 funded and 11 that have exited. Its top competitors include companies like CreateASoft, CENOS and Process Systems Enterprise.

Company Details

Simio LLC delivers solutions for the design, emulation, and scheduling of complex systems. Simio is designed from the ground up to support the object modeling paradigm. It also supports the seamless use of multiple modeling paradigms including a process orientation and event orientation. Also, It fully supports both discrete and continuous systems, along with large scale applications based on-agent based modeling. These modeling paradigms can be freely mixed within a single model. Simio can be used in industries like Academic Research, Manufacturing, Military & Defense, Automotive, Mining and Health Care.

Website: www.simio.com/
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Registered Address: 11, Gothersgade, København K, 1123

Key Metrics

Founded Year

2006

Location

Sewickley, United States

Stage

Acquired

Total Funding

$2.38M in 3 rounds

Latest Funding Round

Seed, Oct 28, 2011, $*****

Ranked

1^st among 64 active competitors

Employee Count

47 as on Aug 31, 2026

Similar Companies

CreateASoft & 71 more

Exit Details

Acquired by Aegis Industrial Software Corporation (Jan 28, 2026)

View Simio's full profile

Simio is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
SIMIO ApS CIN: 42308331 , Denmark, Active	Apr 07, 2021	-	1 (As on Mar 31, 2024)

Simio got acquired by Aegis Industrial Software Corporation on Jan 28, 2026.

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

Simio has raised a total funding of $2.38M over 3 rounds. Its first funding round was on Feb 24, 2010.

Here is the list of recent funding rounds of Simio:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 28, 2011	4266176	Seed	8352179	7477769	2008926	4315739
Dec 08, 2010	8926103	Seed	3105904	4253309	1416255	5553631
Feb 24, 2010	9561917	Seed	5861978	6605174	6899593	1940970

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View details of Simio's funding rounds and investors

The founders of Simio is Dennis Pegden.

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

Dennis Pegden: Founder & CEO of Simio.

View details of Simio's Founder profiles and Board Members

Simio's employee count trend

Simio has 47 employees as of Aug 26. Here is Simio's employee count trend over the years:

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Top competitors of Simio include CreateASoft, CENOS and Process Systems Enterprise. Here is the list of Top 10 competitors of Simio, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Simio 2006, Sewickley (United States), Acquired	Simulation Software	$2.38M	-	46/100
2nd	CreateASoft 1992, Chicago (United States), Unfunded	AI-powered simulation and digital twin software solutions for industry optimization	-	-	40/100
3rd	CENOS 2017, Riga (Latvia), Seed	3D simulation software for induction heating applications	$1.29M	500 Global, Capitalia & 3 others	40/100
4th	Process Systems Enterprise 1997, London (United Kingdom), Acquired	Process modeling software and model based engineering services	$3.05M	Close Venture Management, Imperial Innovations ... & 2 others	38/100
5th	SIMCON 1988, Germany, Unfunded	Developer of simulation software for plastic injection moulding process analysis	-	-	35/100
6th	Visual Components 1999, Finland, Acquired	Factory simulation software	-	Europa	35/100
7th	Enphiniti 2008, Bengaluru (India), Unfunded	Provider of integrated manufacturing solutions, simulators, and systems integration	-	-	35/100
8th	Stampack 1999, Spain, Acquired	Developer of simulation software for sheet metal forming processes	-	-	35/100
9th	Third Wave Systems 1993, Minneapolis (United States), Funding Raised	Material-based modeling software	-	National Oceanic and Atmospheric Administration, Military Health ... Read more	34/100
10th	Simreka 2015, Dusseldorf (Germany), Seed	AI and ML based simulation software for the new materials discovery	-	HTGF, Techstars & 1 others	33/100