Tech Company Financing Transactions
Simr Funding Round
Simr, operating out of Los Altos, secured $20 million in funding from Uncorrelated, BMW i Ventures and Earlybird Venture Capital.
Transaction Overview
Company Name
Announced On
5/21/2024
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and development efforts.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
2310 Homestead Rd. C1-301
Los Altos, CA 94024
USA
Los Altos, CA 94024
USA
Phone
Undisclosed
Website
Email Address
Overview
We're leading the simulation economy, using rapid, high-fidelity simulations to drive innovative product design. Our platform utilizes SimOps to cut the time from concept to product by automating simulations for effective simulation-driven decisions. Simr removes computational and operational barriers, enabling engineering teams to innovate freely and efficiently with superior quality and faster development.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Burak Yenier
Chief Financial Officer
Rolando Locci
President
Wolfgang Gentzsch
VP - Client Services
Metin Gokcen
VP - Product Management
Thomas Francis
VP - Sales
Russell Huffman
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Where The Data Comes From
Our team works diligently to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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