SIMULATE Overview
- Year Founded
-
2016
- Status
-
Acquired/Merged
- Employees
-
46
- Latest Deal Type
-
M&A
SIMULATE General Information
Description
Producer of vegan chicken nuggets intended to offer an alternative to animal-based nuggets. The company's nuggets are made with a new texturized pea protein technology which is cholesterol-free and contains higher proteins and low calories, enabling consumers to get plant-based food products that taste similar but are healthier and organic.
Contact Information
Website
www.simulate.com(Operating Subsidiary)
Corporate Office
- 75 Spring Street
- Floor 9
- New York, NY 10012
- United States
Corporate Office
- 75 Spring Street
- Floor 9
- New York, NY 10012
- United States
SIMULATE Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 04-Oct-2024 | Completed | Generating Revenue | |||
| 3. Later Stage VC | Completed | Generating Revenue | ||||
| 2. Later Stage VC (Series B) | 08-Jun-2021 | $50M | $57M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 09-Jul-2020 | $7M | $7M | Completed | Generating Revenue |
SIMULATE Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B-4 | ||||||||
| Series B-3 | ||||||||
| Series B-2 | ||||||||
| Series B-1 | ||||||||
| Series A-3 | ||||||||
| Series A-2 | 125,616 | $0.001000 | $9.59 | $9.59 | 1x | $9.59 | 5.38% | |
| Series A-1 | 321,395 | $0.001000 | $14 | $14 | 1x | $14 | 13.75% |
SIMULATE Comparisons
Industry
Financing
Details
SIMULATE Competitors (2)
One of SIMULATE’s 2 competitors is Seattle Food Tech, a Venture Capital-Backed company based in Seattle, WA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Seattle Food Tech | Venture Capital-Backed | Seattle, WA | ||||
| Tofurky | Corporate Backed or Acquired | Hood River, OR |
SIMULATE Patents
SIMULATE Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20230284652-A1 | Fiber-spun, chicken-like, food products and methods for manufacturing | Inactive | 08-Mar-2022 | ||
| WO-2023172644-A1 | Fiber-spun, chicken-like, food products and methods for manufacturing | Inactive | 08-Mar-2022 |
SIMULATE Signals
SIMULATE Former Investors (37)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| ACME Capital | Venture Capital | Minority | ||
| AgFunder | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Big Idea Ventures | Venture Capital | Minority | ||
| CX Collective | Venture Capital | Minority |
SIMULATE FAQs
-
When was SIMULATE founded?
SIMULATE was founded in 2016.
-
Where is SIMULATE headquartered?
SIMULATE is headquartered in New York, NY.
-
What is the size of SIMULATE?
SIMULATE has 46 total employees.
-
What industry is SIMULATE in?
SIMULATE’s primary industry is Food Products.
-
Is SIMULATE a private or public company?
SIMULATE is a Private company.
-
What is SIMULATE’s current revenue?
The current revenue for SIMULATE is .
-
How much funding has SIMULATE raised over time?
SIMULATE has raised $57M.
-
Who are SIMULATE’s investors?
ACME Capital, AgFunder, , Big Idea Ventures, and CX Collective are 5 of 37 investors who have invested in SIMULATE.
-
Who are SIMULATE’s competitors?
Seattle Food Tech and Tofurky are competitors of SIMULATE.
-
When was SIMULATE acquired?
SIMULATE was acquired on 04-Oct-2024.
-
Who acquired SIMULATE?
SIMULATE was acquired by Ahimsa Companies.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process