Simr (formerly UberCloud) is a technology company.
Simr (formerly UberCloud) has raised $22.0M across 2 funding rounds.
Simr (formerly UberCloud) has raised $22.0M in total across 2 funding rounds.
Simr (formerly UberCloud) has raised $22.0M in total across 2 funding rounds.
Simr (formerly UberCloud)'s investors include Alpha Intelligence Capital, Atento Capital, BMW i Ventures, Breakthrough Energy Ventures, Earlybird Venture Capital, Fifth Wall, Mercury Fund, Newtopia VC, Plug & Play Ventures, Sente Ventures, Uncorrelated Ventures.
Simr (formerly UberCloud) is a technology company that provides a cloud-based platform for simulation automation, enabling engineers to run high-performance computing (HPC) simulations like Computational Fluid Dynamics (CFD), Finite Element Analysis (FEA), and multi-physics workflows without on-premise infrastructure.[1][2][3] It serves R&D organizations in manufacturing and product design, solving the challenges of complex simulation setups, high costs, and operational overhead by automating processes via Simulation Operations Automation (SimOps), which accelerates simulations by an average of 10x while maintaining security in customer-owned cloud environments.[3][4] The platform integrates with existing tools on AWS, GCP, Azure, or on-premises, using fixed per-user pricing to promote usage and leverage customer-negotiated rates with vendors.[3][6] Founded in 2013 and headquartered in Los Altos, California, Simr has gained traction with $20M in Series A funding in 2024 from Uncorrelated Ventures, BMW i Ventures, and Earlybird Venture Capital, and serves clients including three of the Magnificent Seven tech companies.[2][3][5]
Simr was founded in 2013 as UberCloud in Los Altos, California, by engineers focused on making HPC accessible beyond expensive on-premise clusters.[1][2] The idea emerged from recognizing that traditional HPC burdened R&D teams with capital costs and complexity, prompting the development of pioneering software containers for engineering simulations like fluid dynamics and material analysis.[1][2] Early traction came from its award-winning container technology and partnerships, earning recognition as a pioneer in technical computing as a service by analysts from Gartner, IDC, 451 Research, and HPCwire.[1] The company rebranded to Simr and evolved its focus to SimOps—automating best practices derived from top manufacturing firms—culminating in the 2024 launch of its platform and Series A funding.[3] Key milestones include appointing HPC expert Peter Ungaro (former Cray CEO) to its board in June 2024, alongside investors like Salil Deshpande and Baris Guzel.[2][5]
Simr rides the wave of cloud-native HPC and simulation-driven design, where manufacturers shift to digital twins and early-stage simulations to cut physical prototyping and speed product lifecycles amid rising complexity in advanced manufacturing.[3][6] Timing is ideal as AI-accelerated engineering and multi-physics simulations demand massive compute, but legacy on-premise setups hinder scalability—Simr's SimOps addresses this by democratizing access, much like DevOps transformed software.[1][4] Market forces like cloud maturity (AWS/GCP/Azure), cost pressures, and security mandates favor it, especially as analysts note SimOps as essential for efficient, collaborative engineering.[6] Simr influences the ecosystem by standardizing cloud simulations, empowering smaller firms to compete with giants, and fostering innovation in sectors like automotive (BMW i Ventures backing) and tech hardware.[2][3][5]
Simr is positioned to lead the SimOps revolution, expanding from its Series A momentum to capture share in a booming $10B+ engineering simulation market as cloud HPC grows 20-30% annually. Next steps likely include platform enhancements for AI integration, broader multi-physics support, and global enterprise wins, building on board expertise like Peter Ungaro's.[2][5][6] Trends like generative design, sustainable manufacturing, and edge-to-cloud hybrids will propel it, potentially evolving Simr into the de facto standard for simulation workflows—transforming HPC from a luxury to an everyday tool, much as it set out to do since 2013.[1][4]
Simr (formerly UberCloud) has raised $22.0M across 2 funding rounds. Most recently, it raised $20.0M Series A in May 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2024 | $20.0M Series A | Alpha Intelligence Capital, Atento Capital, BMW i Ventures, Breakthrough Energy Ventures, Earlybird Venture Capital, Fifth Wall, Mercury Fund, Newtopia VC, Plug & Play Ventures, Sente Ventures, Uncorrelated Ventures | |
| Jan 1, 2017 | $2.0M Seed | BMW i Ventures, Earlybird Venture Capital, Plug & Play Ventures, Uncorrelated Ventures |