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 179 active competitors, including 27 funded and 31 that have exited. Its top competitors include companies like Altair, ZWSOFT and Citrine Informatics.
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
- 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
34th among 179 active competitors
Employee Count
40 as on Sep 30, 2026
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Legal entities associated with Simreka
Simreka is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
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 | 7173892 | Seed | 8914866 | 9746859 | 8989806 | 7650965 |
2017 | 2934 | Seed | 7102 | 1623 | 6955 |
View details of Simreka's funding rounds and investors
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
View details of Simreka's Founder profiles and Board Members
Simreka's employee count trend
Simreka has 40 employees as of Sep 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 Altair, ZWSOFT and Citrine Informatics. 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 | Altair 1985, Troy (United States), Acquired | Provider of enterprise software for simulation, data analytics, AI, and HPC | $35.1M | 81/100 | |
2nd | Provider of CAD/CAM software solutions | $31.4M | 70/100 | ||
3rd | Citrine Informatics 2013, Redwood City (United States), Series C | Provider of AI-based solutions for materials informatics | $81.3M | 70/100 | |
4th | Polymerize IO 2020, Singapore (Singapore), Series A | AI platform for material property prediction and design | $4.65M | 60/100 | |
5th | Provider of engineering tools for developing and testing mechatronic control systems | - | 59/100 | ||
6th | Cloud-based simulation software | $60.3M | 58/100 | ||
7th | Gamma Technologies 1994, Westmont (United States), Late Stage | Develops CAE software for systems simulation across different industries | - | 58/100 | |
8th | Provider of design and simulation software | - | 51/100 | ||
9th | OnScale 2018, Redwood City (United States), Acquired | Provider of plug-in solutions for computer-aided engineering design services | $18.1M | 48/100 | |
10th | Simio 2006, Sewickley (United States), Acquired | Simulation Software | $2.38M | - | 46/100 |
34th | AI and ML based simulation software for the new materials discovery | - | 35/100 |
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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:
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