Simreka - About the company
Simreka is a seed company based in Dusseldorf (Germany), founded in 2015 by Akshay Patel and Deboprio G. It operates as an AI and ML based simulation software for the new materials discovery. Simreka has raised an undisclosed amount in funding from Techstars and HTGF. The company has 72 active competitors, including 14 funded and 11 that have exited. Its top competitors include companies like Citrine Informatics, aPriori and Aionics.
Company Details
Simreka offers AI and ML-based simulation software for the discovery of the new materials. It provides a platform with high-quality data and advanced analytics. Its features include supply chain transformation, integrated & advanced decision support, simulation using unique public and proprietary data collection and curation systems, and analytics powered by advanced scientific algorithms. Rabobank, SAP Run Simple, and NSF are part of its clientele.
- Website
- simreka.com
- Social
- Email ID
- *****@simreka.com
- Phone Number
- +49 **********
- Registered Address
- c/o Startplatz Speditionstr. 15A, 40221 Düsseldorf
Key Metrics
Founded Year
2015
Location
Dusseldorf, Germany
Stage
Seed
Latest Funding Round
Ranked
16th among 72 active competitors
Employee Count
47 as on Mar 31, 2026
Similar Companies
Legal entities associated with Simreka
Simreka is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Devtaar GmbH CIN: R1101_HRB85615 , Germany, Active | Jan 24, 2019 | - | - |
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Simreka's funding and investors
Simreka has raised funding over 2 rounds. Its first funding round was on 2017. Its latest funding round was a Seed round on Jun 11, 2019 for $*****. 2 investors participated in its latest round. Simreka has 3 institutional investors.
Here is the list of recent funding rounds of Simreka:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 11, 2019 | 9910305 | Seed | 2543059 | 1191660 | 9628964 | 3517271 |
2017 | 1880 | Seed | 2088 | 5791 | 2951 |
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Simreka's founders and board of directors
Founder? Claim ProfileHere are the details of Simreka's key team members:
- Akshay Patel: Co-Founder & CEO of Simreka.
- Deboprio G: Co-Founder of Simreka. Contact Info: 1 email address
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Simreka's employee count trend
Simreka has 47 employees as of Mar 26. Here is Simreka's employee count trend over the years:
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Simreka's Competitors and alternates
Top competitors of Simreka include Citrine Informatics, aPriori and Aionics. Here is the list of Top 10 competitors of Simreka, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Citrine Informatics 2013, Redwood City (United States), Series C | Provider of AI-based solutions for materials informatics | $81.3M | 62/100 | |
2nd | aPriori 2003, Concord (United States), Series D | Product cost management solutions for discrete manufacturing | $109M | 59/100 | |
3rd |  Aionics 2018, Evanston (United States), Series A | AI and cloud-based data, and models for battery manufacturing | $7.3M | - | 52/100 |
4th |  Polymerize IO 2020, Singapore, Series A | Developer of an AI platform for material property prediction and design | $4.4M | 48/100 | |
5th | Process Systems Enterprise 1997, London (United Kingdom), Acquired | Process modeling software and model based engineering services | $3.05M | 45/100 | |
6th |  MaterialsZone 2017, Tel Aviv (Israel), Seed | Platform offering visual analytics solutions | $7M | 44/100 | |
7th | SIMUL8 Corporation 1994, Bridge (United Kingdom), Acquired | Object based simulation software | - | - | 42/100 |
8th | Provider of AI-driven solutions to revolutionize materials development cycles for various industries | $3.1M | 41/100 | ||
9th | CreateASoft 1992, Chicago (United States), Unfunded | AI-powered simulation and digital twin software solutions for industry optimization | - | - | 40/100 |
10th | Simufact Engineering 1995, Hamburg (Germany), Acquired | Process simulation software and service provider | - | - | 37/100 |
16th | AI and ML based simulation software for the new materials discovery | - | 34/100 |
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Simreka's Investments and acquisitions
Simreka has made no investments or acquisitions yet.
Reports related to Simreka
Here is the latest report on Simreka's sector:
News related to Simreka
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