ToffeeX - About the company
ToffeeX is a series A company based in London (United Kingdom), founded in 2019 by Audrey Gaymann, Marco Pietropaoli and Francesco Montomoli. It operates as a Physics-driven generative design software for engineering. ToffeeX has raised $7.55M in funding from Presidio Ventures and IQ Capital, with a current valuation of £*****. The company has 258 active competitors, including 36 funded and 10 that have exited. Its top competitors include companies like Altair, World Labs and Cognite.
Company Details
Physics-driven generative design software for engineering. The platform enables users to craft optimized designs by setting goals and letting physics shape components. Its cloud-native software streamlines the design process by leveraging algorithms and optimization techniques to create designs to meet the design and manufacturing constraints.
- Website
- toffeex.com
- Social
- Email ID
- *****@toffeex.com
Key Metrics
Founded Year
2019
Location
London, United Kingdom
Stage
Series A
Total Funding
$7.55M in 3 rounds
Latest Funding Round
Post Money Valuation
£***** as on Aug 08, 2022
Investors
Ranked
16th among 258 active competitors
Employee Count
39 as on Aug 31, 2026
Legal entities associated with ToffeeX
ToffeeX is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
TOFFEEAM LIMITED CIN: 11886947 , United Kingdom, Active | Mar 17, 2019 | - | 27 (As on Mar 31, 2025) |
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ToffeeX's funding and investors
ToffeeX has raised a total funding of $7.55M over 3 rounds. Its latest funding round was a Series A round on Aug 08, 2022 for $*****. 6 investors participated in its latest round. ToffeeX has 9 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of ToffeeX:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 08, 2022 | 4801763 | Series A | 5814652 | 2674738 | 5128164 | 3918189 |
Jul 09, 2020 | 5382775 | Seed | 7462183 | 4312397 |
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ToffeeX's founders and board of directors
Founder? Claim ProfileThe founders of ToffeeX are Audrey Gaymann, Marco Pietropaoli and Francesco Montomoli. Marco Pietropaoli is the CEO of ToffeeX.
Here are the details of ToffeeX's key team members:
- Audrey Gaymann: Former Co-Founder of ToffeeX and founder of 1 other company. They are also an angel investor in 1 startup.
- Marco Pietropaoli: Co-Founder & CEO of ToffeeX and founder of 1 other company. Contact Info: 2 email addresses
- Francesco Montomoli: Co-Founder of ToffeeX and founder of 1 other company. Contact Info: 1 email address
View details of ToffeeX's Founder profiles and Board Members
ToffeeX's employee count trend
ToffeeX has 39 employees as of Aug 26. Here is ToffeeX's employee count trend over the years:
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ToffeeX's Competitors and alternates
Top competitors of ToffeeX include Altair, World Labs and Cognite. Here is the list of Top 10 competitors of ToffeeX, 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 | World Labs 2023, San Francisco (United States), Acquired | Developer of artificial intelligence models for research automation and analysis | $1.23B | 75/100 | |
3rd | Provider of industrial artificial intelligence and data management platform solutions | $225M | 70/100 | ||
4th |  Algo8 2016, Houston (United States), Public | Provider of industrial artificial intelligence platform for energy and manufacturing sectors | $2.59M | 68/100 | |
5th | Provider of digital reality solutions combining measurement, positioning, and autonomous technologies | - | 66/100 | ||
6th | PhysicsX 2020, London (United Kingdom), Series C | Developer of artificial intelligence software for complex industrial engineering workflows | $489M | 64/100 | |
7th | Luminary Cloud 2019, San Mateo (United States), Series B | Developer of a platform for building and deploying physics AI models | $187M | 60/100 | |
8th | BeyondMath 2022, London (United Kingdom), Seed | Developer of physics simulation software for engineering design and validation | $20.3M | 60/100 | |
9th | Developer of an AI platform for manufacturing process optimization and control | $17.2M | 59/100 | ||
10th | AI-powered physics simulation models to accelerate industrial engineering processes | $17M | 59/100 | ||
16th |  ToffeeX 2019, London (United Kingdom), Series A | Physics-driven generative design software for engineering | $7.55M | 47/100 |
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ToffeeX's Investments and acquisitions
ToffeeX has made no investments or acquisitions yet.
Reports related to ToffeeX
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