SIMSOLID Corporation
Latest round
- Seed
Last raised
- Jan 2016
Total raised
- Undisclosed
Investors
- 1
About SIMSOLID Corporation
Founded in 2015 and headquartered in Mississauga, Canada, Simsolid Corporation has established itself as a provider of advanced structural analysis tools. In October 2018, the company was acquired by Altair Engineering, marking a strategic pivot in its business operations.Altair SimSolid is designed for structural analysis, enabling engineers to conduct rapid simulations on fully featured CAD assemblies without the lengthy geometry preparation and meshing processes.SimSolid's revenue model is based on software licensing, including subscription plans and partnerships with resellers and distributors. Clients engage through B2B transactions, acquiring licenses for software solutions that improve their engineering workflows.Following the acquisition by Altair Engineering in October 2018, Simsolid Corporation plans to focus on developing new products and expanding its reach into additional markets. The company is currently working on enhancements to its existing software offerings, with further details expected to be unveiled in the coming years. Future strategies may also include exploring opportunities in emerging markets to strengthen its global presence.
Who invested in SIMSOLID Corporation
1 investor across 1 round
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Funding rounds
Seed
Jan 27, 2016
Amount
Undisclosed
Investors
Questions about SIMSOLID Corporation
Who invested in SIMSOLID Corporation?
SIMSOLID Corporation has 1 investor 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 SIMSOLID Corporation raised?
SIMSOLID Corporation has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did SIMSOLID Corporation last raise money?
SIMSOLID Corporation's most recent round on record is a Seed, in Jan 2016.
What does SIMSOLID Corporation do?
Founded in 2015 and headquartered in Mississauga, Canada, Simsolid Corporation has established itself as a provider of advanced structural analysis tools.
Where is SIMSOLID Corporation headquartered?
SIMSOLID Corporation is headquartered in Mississauga, Canada.
Which VCs invest in companies like SIMSOLID Corporation?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at SIMSOLID Corporation's stage. Their profiles are linked below.
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