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SimScale - About the company

SimScale is a series C company based in Munich (Germany), founded in 2012 by Vincenz Dolle, David Heiny, Alexander Fischer, Johannes Probst and Anatol Dammer. It operates as a Cloud-based simulation software. SimScale has raised $60.3M in funding from investors like Insight Partners, Bayern Kapital and HTGF. The company has 47 active competitors, including 6 funded and 18 that have exited. Its top competitors include companies like Altair, ZWSOFT and dSPACE.

Company Details

SimScale is cloud-based simulation software. The modules of the product are fluid dynamics, structural mechanics, and thermal simulation. The features of the product are running multiple simulations, supporting all 3D files, etc. The clientele includes Larsen & Toubro, Magna, Johnson & Johnson, Power engineers, Walker Consultants, etc.
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Email ID
*****@simscale.com
Phone Number
+1 **********
Registered Address
UNITED STATES
Key Metrics
Founded Year
2012
Location
Munich, Germany
Stage
Series C
Total Funding
$60.3M in 6 rounds
Latest Funding Round
Ranked
Employee Count
142 as on Apr 30, 2026
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SimScale's funding and investors

SimScale has raised a total funding of $60.3M over 6 rounds. Its first funding round was on Feb 20, 2013. Its latest funding round was a Series C round on Oct 28, 2021 for $*****. 6 investors participated in its latest round. SimScale has 13 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of SimScale:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 28, 2021
1002235
Series C
1097361
1846635
2383816
1442574
Jan 30, 2020
4491452
Series C
1409512
3386604
8547998
2017
8940
Series B
2451
8316
9402
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SimScale's founders and board of directors

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

SimScale's Board of Directors

SimScale's board has 4 active members. Vincenz Dolle, David Heiny, Milda Jasaite and Paul Klemm are part of team.
Here is the list of SimScale's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
13y 6m
Team
-
Current
13y 6m
Investor
Earlybird
Current
-
Investor
Earlybird
Current
-

SimScale's employee count trend

SimScale has 142 employees as of Apr 26. Here is SimScale's employee count trend over the years:
Employee count trend for SimScale
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SimScale's Competitors and alternates

Top competitors of SimScale include Altair, ZWSOFT and dSPACE. Here is the list of Top 10 competitors of SimScale, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Altair
Altair
1985, Troy (United States), Acquired
Provider of enterprise software for simulation, data analytics, AI, and HPC
$35.1M
82/100
2nd
Logo for ZWSOFT
ZWSOFT
1998, Tianhe (China), Series B
Provider of CAD/CAM software solutions
$31.4M
70/100
3rd
Logo for dSPACE
dSPACE
1988, Paderborn (Germany), Funding Raised
Provider of engineering tools for developing and testing mechatronic control systems
-
59/100
4th
Logo for SimScale
SimScale
2012, Munich (Germany), Series C
Cloud-based simulation software
$60.3M
58/100
5th
Logo for nTop
nTop
2015, New York City (United States), Series D
Developer of computational design software for engineering teams
$133M
58/100
6th
Logo for Gamma Technologies
Gamma Technologies
1994, Westmont (United States), Late Stage
Develops CAE software for systems simulation across different industries
-
57/100
7th
Logo for ESI Group
ESI Group
1973, Paris (France), Acquired
Provider of design and simulation software
-
51/100
8th
Logo for Comet Solutions
Comet Solutions
2001, Albuquerque (United States), Acquired
Provider of simulation software for product development
$21.2M
48/100
9th
Logo for OnScale
OnScale
2018, Redwood City (United States), Acquired
Provider of plug-in solutions for computer-aided engineering design services
$18.1M
48/100
10th
Logo for Maplesoft
Maplesoft
1988, Waterloo (Canada), Acquired
System-level modelling and analysis tools
-
42/100
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SimScale's Investments and acquisitions

SimScale has made no investments or acquisitions yet.

News related to SimScale

lockFilter this list
Media has covered SimScale for a total of 4 events in the last 1 year, 2 of them have been about company updates and 2 about partnerships.
SimScale and PTC Collaborate for StartupsDigital EngineeringDec 17, 2024PTC, SimScale
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