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Rescale
Cloud platform for high-performance computing and R&D
About Rescale
Rescale provides a cloud-based platform for high-performance computing (HPC), enabling engineers and scientists to run complex simulations and analyses. Founded in 2011 by Joris Poort and Adam McKenzie, the company's mission is to accelerate innovation by making supercomputing capabilities accessible to organizations of all sizes. The founders, former Boeing engineers who worked on optimizing the 787 Dreamliner, created Rescale to address the complexities and high costs of traditional on-premises HPC infrastructure.
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The company operates on a hybrid-cloud model, offering HPC-as-a-service. Its platform provides a comprehensive environment for managing the entire computational R&D process, integrating a vast library of over 1,000 engineering and scientific software applications with various cloud and on-premises computing architectures. This allows clients to automate and optimize workloads, from large-scale design of experiments to AI-driven modeling, without managing the underlying IT infrastructure. Rescale serves a diverse range of industries, including aerospace, automotive, life sciences, energy, and semiconductor manufacturing. Its clientele includes major corporations like General Motors, Samsung, and the U.S. Department of Defense.
The business model is subscription-based, giving customers access to the platform's full stack of resources, including software, hardware, and automation tools, with controls for security and budget management. Rescale has formed strategic partnerships with major cloud providers such as Amazon Web Services, Microsoft Azure, Google Cloud, and Oracle Cloud, as well as with leading engineering software companies. Since its launch through Y Combinator, Rescale has secured over $272 million in funding from investors including Nvidia, Sam Altman, Jeff Bezos, and Peter Thiel, achieving unicorn status with a valuation over $1 billion.
At a glance
- Founded
- 2011
- Headquarters
- San Francisco, United States
- Sector
- AI
- Power Law
- Colt$25–100M revenue
Latest news
Press, funding announcements and product moves mentioning Rescale.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed9 investors entered at this stage
Y Combinator
ff Venture Capital
DCVC
ACE and Company
Dr. E. Bora Uygun
Raj Sandhu- ASAdam Smith
Streamlined Ventures
US Department of Energy
Series A7 investors entered at this stage
Bezos Expeditions
Jeff Bezos
TransLink Capital
M12
Wei Guo
ITOCHU
UpHonest Capital
Series B and later9 investors entered at this stage
Quiet Capital
Hitachi
Nvidia
Samsung Catalyst Fund
Nautilus Venture Partners
Fort Ross Ventures
Gaingels
Bossa Invest
Sam Altman
Source: Dealroom Talent Intelligence.
Global footprint
team presence
across markets
Market sentiment
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