OnScale
Latest round
- Series A
Last raised
- Jul 2021
Total raised
- $25M
Investors
- 5
About OnScale
OnScale Inc.OnScale Inc. specializes in cloud-based engineering simulations, providing solutions that cater to complex engineering challenges. Founded in Redwood City, US, the company has evolved its business strategy to focus on high-performance simulation tools tailored for various sectors. The CEO, Ian Campbell, has a notable background in technology leadership. OnScale was acquired by ANSYS, Inc. in April 2022 for USD 130 mn, marking a significant pivot in its operational strategy.OnScale Solve, launched in 2017, is the primary product offering, delivering a cloud-native engineering simulation platform equipped with advanced multiphysics solvers. This platform allows engineers to develop Digital Prototypes that accurately reflect physical systems, significantly reducing the need for physical prototypes. It integrates seamlessly with cloud services like AWS and GCP, offering a unique 'pay-as-you-simulate' model that caters to diverse project requirements.OnScale operates a subscription-based revenue model that allows users to purchase simulation capacity through core-hours, enabling flexible access to computational resources. This structure supports various clients, from individual engineers to large R&D organizations, facilitating extensive simulations in mechanical, thermal, and fluid dynamics.The acquisition by ANSYS, Inc. in April 2022 will enable OnScale to leverage a cloud-native, web-based user interface for broader access to simulation technologies. Future plans include the development of new products designed to enhance simulation capabilities, with a strategic focus on expanding into additional global markets, particularly in Europe and Asia, by 2023.
Who invested in OnScale
5 investors across 2 rounds
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Questions about OnScale
Who invested in OnScale?
OnScale has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has OnScale raised?
OnScale has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did OnScale last raise money?
OnScale's most recent round on record is a Series A, in Jul 2021.
What does OnScale do?
OnScale is a software company.
Where is OnScale headquartered?
OnScale is headquartered in Redwood City, US.
Which VCs invest in companies like OnScale?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at OnScale's stage. Their profiles are linked below.
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