Modelwise
Latest round
- Seed
Last raised
- Apr 2023
Total raised
- $2.2M
Investors
- 3
About Modelwise
Based in Munich, Germany, and founded in 2018, Modelwise GmbH provides automated functional safety analysis software. The company was founded by Arnold Bitner, Florian Grigoleit, and Iliya Valchev. The company offers software as a service named Paitron which is a functional safety suite that automates failure analysis using simple drag and drop. Engineering models can be proofread using Paitron, which also offers a one-click method for safety evaluation. It may be used for FMEA, FMECA, and FMEDA, and unlike other systems, Paitron makes use of digital models that have previously been created in well-known modeling programs like OrCAD and Matlab Simulink. Additionally, the firm also provides tool and process consulting. The customer base of the firm includes MicroSys, Pepperl + Fuchs, and many others.
Who invested in Modelwise
3 investors across 1 round
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Funding rounds
Seed
Apr 21, 2023
Amount
$2.2M
Investors
Questions about Modelwise
Who invested in Modelwise?
Modelwise has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Modelwise raised?
Modelwise has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Modelwise last raise money?
Modelwise's most recent round on record is a Seed, in Apr 2023.
What does Modelwise do?
Based in Munich, Germany, and founded in 2018, Modelwise GmbH provides automated functional safety analysis software.
Where is Modelwise headquartered?
Modelwise is headquartered in Munich, Germany.
Which VCs invest in companies like Modelwise?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Modelwise's stage. Their profiles are linked below.
VCs backing software startups at Seed
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