# SimuForm

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/simuform

- Industry: Software
- Headquarters: Herten, Germany
- Website: www.simuform.de
- Total disclosed funding: $0.7M
- Latest round: Series B (Mar 11, 2009)
- Investors on record: 4

## About

SimuForm is a software company specializing in enhancing component search processes for industrial sectors, focusing on efficiency and productivity throughout design, production preparation, and manufacturing stages.SimuForm is a software provider that creates solutions to improve component management for industrial companies. Headquartered in Herten, Germany, SimuForm was founded by Christian Klimmek, who has a background in technology entrepreneurship. The company has raised a total of USD 0.73 mn in funding through a Series A round led by High-Tech Gruenderfonds on March 11, 2009.SIMILIA AUTOMATION is the primary software solution offered by SimuForm, designed to optimize component search processes for industrial companies. Its core capabilities include managing component diversity and identifying duplicates to enhance part management, integrating seamlessly with ERP, PDM, PLM, CAD, CNC, and CRM systems. Targeted primarily at the machinery, automotive, and automation sectors, SIMILIA AUTOMATION serves a diverse clientele, including parts manufacturers and industrial enterprises.SimuForm operates on a subscription-based revenue model, providing clients with annual access to SIMILIA AUTOMATION. Businesses enter agreements for network licenses, facilitating flexible use among multiple users. This model allows for scalability and fosters long-term partnerships, as clients benefit from reduced operational costs and increased productivity through improved component management processes.SimuForm plans to leverage its Series A funding raised in March 2009 to enhance its software offerings and expand into new geographic regions. Future product developments are underway, with targeted releases aimed at improving component management capabilities. The company seeks to penetrate markets in Europe and North America by the end of 2023, capitalizing on its existing technology and the growing demand for efficient component management in industrial operations.

## Funding rounds

- Series B, Mar 11, 2009 — KfW Banking Group, LBBW Venture Capital, Enjoy Venture, High-Tech Gruenderfonds
- Series A, Apr 1, 2006, $0.7M — High-Tech Gruenderfonds

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Series A, Series B
- KfW Banking Group — Series B
- LBBW Venture Capital (https://capitalatlas.ai/funds/lbbw-venture-capital) — Series B
- Enjoy Venture (https://capitalatlas.ai/funds/enjoy-venture) — Series B