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OnScale
Saas-based model for cae in the cloud with pay-as-you-go subscription pricing
About OnScale
OnScale is a cutting-edge startup specializing in cloud-based engineering simulation software. Founded in 2017 by a team of scientists and engineers, the company aims to revolutionize Computer-Aided Engineering (CAE) by leveraging next-generation cloud High-Performance Computing (HPC). OnScale's flagship product, OnScale Solve, enables engineers to create digital prototypes and perform complex simulations, including mechanical, thermal, and thermo-mechanical analyses.
The primary market for OnScale includes industries that require advanced engineering simulations, such as aerospace, automotive, electronics, and defense. Their clients range from large commercial enterprises to government agencies like DARPA and the U.S. Department of Defense. The platform is designed to be highly versatile, offering a web-based user interface (UI), an API for seamless integration into existing workflows, and scripting languages for customized simulations.
OnScale operates on a Software-as-a-Service (SaaS) business model. This means clients subscribe to the service and pay based on their usage. The platform runs on both public and private cloud supercomputers, providing scalability and flexibility. By offering a cloud-based solution, OnScale eliminates the need for clients to invest in expensive hardware, making high-performance simulations more accessible and cost-effective.
Revenue is generated through subscription fees, which can vary based on the level of usage and the specific needs of the client. Additional income streams include premium features and plugins that enhance the platform's capabilities.
In summary, OnScale is democratizing access to high-performance engineering simulations, making it easier and more affordable for engineers to drive product design with world-class insights.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Apr 2022 | $0 | — | Ansys | ↗ |
| CONVERTIBLEEquity / VC | Jul 2021 | $0 | — | Sand Hill Angels | — |
Growth signals
Latest recorded traffic for OnScale is 8.8K monthly website visits, up 23.9% over the last three months. OnScale's team declined 86.4% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Thornton Tomasetti
Michael Lehman
Series A4 investors entered at this stage
Intel Capital
Gradient Ventures
Cultivation Capital
Sand Hill Angels
Other known investors8 additional known investors
Ansys
Band of Angels
Intel Corporation
Jay Po
Rakesh Sood
Shadow Ventures- SASrini Ananth
Sway Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about OnScale on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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