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- Rescale
Rescale Valuation, Funding & Investors
Rescale is valued at $750M as of April 2025.
Last Rescale valuation
$750M
Series D · Apr 2025
Last Rescale funding round
$115M
Series D · Apr 2025
Cumulative funding Rescale raised
$272M
across 6 funding rounds
Key investors in Rescale
Initialized Capital
M12
Hitachi Ventures
Jeff Bezos
NVIDIA
Translink Capital
About Rescale
Rescale is a San Francisco-headquartered cloud platform for high-performance computing simulations in engineering and research. The service connects users to scalable resources across AWS, Azure, Google Cloud, and Oracle Cloud, supporting workloads in CFD, FEA, and machine learning for industries like aerospace, automotive, and energy. Rescale provides pre-configured software stacks from ANSYS, Siemens, and OpenFOAM, along with automated scaling and cost optimization. Partnerships with NVIDIA and Intel enable access to GPU-accelerated hardware, accelerating R&D cycles for clients including Boeing, Ford, and Pfizer.
Founded
2011
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Usage-based, Subscription
Valuation
$750M (Apr 2025)
Rescale Valuation
Rescale is currently valued at $750M, based on its Series D in April 2025.
The $115M round included NVIDIA, Foxconn, Applied Ventures, SineWave Ventures, Peter Thiel and 7 other investors.
Rescale's valuation has grown 9.0x from $83M at its Series A in May 2016 to $750M in April 2025, across 2 priced rounds.
Rescale valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Apr 2025 | Series D | $750M |
| May 2016 | Series A | $83M |
Rescale Funding History
Rescale has raised a total of $272M across 6 funding rounds.
Rescale's first fundraising round was a $6M Series A in July 2015. The most recent completed round was a $115M Series D in April 2025.
Rescale funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Apr 2025 | Series D | NVIDIA; Foxconn; Applied Ventures; SineWave Ventures; Peter Thiel; Prosperity7 Ventures; Hanwha Asset Management Deeptech Venture Fund; Jeff Bezos; Hitachi Ventures; Translink Capital; NEC Orchestrating Future Fund; Atika Capital Management | $115M | $750M | Rescale, a San Francisco-based digital engineering platform founded in 2011, integrates cloud computing, intelligent data management, and applied AI to empower engineers and R&D teams in industries like aerospace, automotive, energy, life sciences, manufacturing, semiconductors, and public sector. The company serves hundreds of enterprise customers including Arm, General Motors Motorsports, Samsung, SLB, and the U.S. Department of Defense, who collectively spend over $1 billion annually on high-performance computing infrastructure for virtual product development and scientific discovery. On April 7, 2025, Rescale announced a $115 million Series D funding round, bringing total funding to over $260 million. The round featured participation from Applied Ventures, Atika Capital, Foxconn, Hanwha Asset Management Deeptech Venture Fund, Hitachi Ventures, NEC Orchestrating Future Fund, NVIDIA, Prosperity7 Ventures, SineWave Ventures, Translink Capital, University of Michigan, and Y Combinator, matching the specified investors. Early backers include Jeff Bezos, Peter Thiel, Sam Altman, and Paul Graham. One source reports the round reached a $750 million valuation. The funds will accelerate development of Rescale's unified platform, expanding its library of over 1,250 engineering and R&D applications, global network of more than 500 cloud datacenters with partners like AMD, AWS, Arm, Intel, Microsoft Azure, NVIDIA, and Oracle, and new capabilities in AI-native workflows, unified data fabric, digital threads, and security compliance for government and defense. Rescale plans to enhance its cloud control plane for hybrid and multi-cloud agility, addressing bottlenecks in compute, data silos, and AI deployment to speed innovation. NVIDIA CEO Jensen Huang highlighted Rescale's full-stack NVIDIA integration for AI-driven modeling and simulation. Applied Ventures' Dr. Om Nalamasu noted firsthand benefits in speeding AI physics simulations and digital twin initiatives at Applied Materials. With over 1,000 integrations, Rescale positions itself as a turnkey HPC platform reducing time-to-market across complex engineering challenges. |
| Nov 2021 | Series C | Initialized Capital; Jeff Bezos; Fort Ross Ventures; Keen Venture Partners; Hitachi Ventures; Nautilus Venture Partners; M12; Gaingels; Gopher Asset Management; Flood Ventures; Bossa Invest; DVC | $55M | - | Rescale is a hybrid cloud high performance computing (HPC) platform enabling intelligent computing for digital R&D, accelerating computational science and engineering workflows traditionally on-premises but shifting to cloud. The company closed an expanded Series C funding round of $105 million on November 23, 2021, with participation from existing and new investors including Jeff Bezos, Fort Ross Ventures, Gaingels, Gopher (likely Gopher Asset Management), Hitachi Ventures, Initialized Capital, Keen Venture Partners, M12 (Microsoft's venture arm), Nautilus Venture Partners, and others such as Sam Altman, Richard Branson, Paul Graham, Peter Thiel, NVIDIA, and Samsung Catalyst Fund. This brought total funding to over $155 million. At the time, Rescale reported over 200 enterprise customers and year-over-year sales growth over 2x in 2021, reflecting dramatic acceleration in customer demand across industries adopting AI, machine learning, and computational engineering. Since its prior February 2021 funding, the company added over 100 new customers and expanded its software catalog to over 800 applications, leveraging a trained recommendation engine on billions of computational core hours to optimize compute across diverse architectures and clouds. Rescale serves sectors like aerospace, automotive, energy, life sciences, manufacturing, and semiconductors, partnering with tech giants including Microsoft, Hitachi, Samsung, and NVIDIA. The platform supports complex simulations and digital transformation for enterprises. |
| Feb 2021 | Series C | NVIDIA; R136 Ventures; Initialized Capital; Samsung Catalyst Fund; Flucas Ventures; Hitachi Ventures; Nautilus Venture Partners; M12; Republic capital | $50M | - | Rescale is a leading intelligent computing platform for digital R&D that empowers organizations to accelerate engineering and scientific discovery through AI-enabled automation and high-performance computing. The platform provides outcome-based SLAs for scientists and engineers while delivering policy-based security and control for enterprise IT and HPC teams, serving over 400 customers from startups to Fortune 50 enterprises. In February 2021, Rescale raised $50 million in Series C funding, followed by an additional $55 million in November 2021, bringing its total capital raised to at least $170 million across multiple funding rounds. The company demonstrated strong revenue growth, with estimated annual revenue of approximately $35 million near the time of the February 2021 round and 592% revenue growth over the three-year period from 2017 to 2020, earning recognition on Deloitte's 2021 Technology Fast 500 list. Rescale's platform encompasses 800+ software applications and 150+ hardware architectures, integrating with major cloud providers including Amazon Web Services, Microsoft Azure, Google Cloud Platform, and Oracle Cloud, while partnering with leading technology providers such as AMD, Intel, and NVIDIA to deliver comprehensive computing capabilities. |
| Jul 2018 | Series B | Initialized Capital (lead); Keen Venture Partners (lead); SineWave Ventures (lead) | $32M | - | Rescale, a San Francisco-based company, provides a cloud-based platform for high-performance computing (HPC), enabling enterprises in engineering, aerospace, scientific research, automotive, oil and gas, life sciences, and semiconductor sectors to migrate legacy on-premise HPC applications to hybrid or fully cloud environments. The platform optimizes applications across bare metal, virtual machines, or containers, partnering with the four largest cloud providers and serving over 125 Global 2000 customers, including four of the top five global automotive manufacturers and two of the top three aerospace and defense companies. On July 24, 2018, Rescale raised a $32 million Series B funding round led by Initialized Capital, Keen Venture Partners, and SineWave Ventures, bringing total funding to $52 million. The investors highlighted Rescale's role in supporting digital transformation by moving the predominantly on-premise HPC market (95% at the time) to hybrid and cloud-native solutions, optimizing IT resources for productivity and cost savings. The funds were allocated to accelerate platform development, particularly Platform as a Service enhancements for security and hybrid multi-cloud capabilities, hiring developers and solutions architects, and expanding into Asia and Europe while building relationships with systems integrators. The investment underscores Rescale's focus on big compute innovation to drive enterprise product development securely and efficiently. |
| May 2016 | Series A | Translink Capital (lead); ITOCHU Technology Ventures; Jump Capital; M12; DCVC; UpHonest Capital; Two Roads Group | $14M | $83M | Rescale is the world's leading cloud platform provider of simulation software and high-performance computing (HPC) solutions, enabling enterprises to transition from expensive legacy on-premise systems to scalable cloud infrastructure. The platform serves industries including aerospace, pharmaceutical development, genomics, and semiconductor design and manufacturing, with strategic partnerships across AWS, Microsoft Azure, Google Cloud, ANSYS, and AutoForm. In June 2016, Rescale closed a $14 million Series A funding round led by TransLink Capital with participation from Microsoft Ventures (M12), Jump Capital, ITOCHU Technology Ventures, Two Roads Group, and Data Collective, bringing total funding to over $20 million. The round valued the company at $82.84 million post-money. According to TransLink Capital leadership, the HPC market represented a $20 billion opportunity dominated by legacy on-premise vendors with minimal cloud penetration, positioning Rescale as uniquely capable of addressing enterprise security and performance challenges preventing migration to cloud infrastructure. The company had built a global network of HPC infrastructure across North America, Europe, and Japan to provide low-latency access while meeting regional security requirements. |
| Jul 2015 | Series A | SV Angel; Y Combinator; Jeff Bezos; Andreessen Horowitz; Founders Fund; Virgin Group | $6M | - | Rescale is a cloud-based high-performance computing (HPC) platform founded by former Boeing engineers that enables engineering teams to run complex simulations and computational workloads without requiring expensive on-premises infrastructure. The company offers access to over 120 simulation software packages and maintains a network of over 20 global data centers, positioning itself as a cloud alternative to legacy HPC solutions from manufacturers like Cray, IBM, and HP. In July 2015, Rescale closed a seed funding round of $6.4 million led by prominent Silicon Valley investors including Andreessen Horowitz, Founders Fund, Jeff Bezos, SV Angel, Virgin Group, and Y Combinator. At the time of the round, the company had approximately 15 employees and over 100 paying customers, with 40 percent of its customer base in the aerospace sector. Rescale's customer base included companies across aerospace, automotive, life sciences, and other industries seeking to accelerate product development cycles and reduce capital expenditures on computing infrastructure. |
Who has invested in Rescale?
36 investors have backed Rescale across its funding rounds, including Initialized Capital, M12, Hitachi Ventures, Jeff Bezos, NVIDIA and Translink Capital.
Lead investors include Initialized Capital, Keen Venture Partners, SineWave Ventures and Translink Capital.
Rescale Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Lead | Jul 2018 | ||
| 3 | Participant | Jul 2015 | ||
| 3 | Participant | Feb 2021 | ||
| 3 | Participant | May 2016 | ||
| 2 | Participant | Feb 2021 | ||
| 2 | Lead | Jul 2018 | ||
| 2 | Lead | Jul 2018 | ||
| 2 | Participant | Feb 2021 | ||
| 2 | Lead | May 2016 | ||
| 1 | Participant | May 2016 | ||
| 1 | Participant | Apr 2025 | ||
| 1 | Participant | Feb 2021 | ||
| 1 | Participant | May 2016 | ||
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Start Free TrialRescale Competitors
Rescale competitors include listed companies like Polaris Holdings and ZUKEN, and private ones like DaoCloud, proteanTecs, Augury and Periodic Labs.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $410M | - | ||
| Private | $60M | - | $600M | 10.0x | ||
| Private | $100M | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $312M | $45M | $283M | 1.3x | ||
| Publicly listed | $277M | $51M | $679M | 1.7x |
Rescale Public Comps
Rescale is still privately-owned, but its public comps include Breton Technology, CANCOM, Ucap Cloud Information, Inspur, Whitefiber, Shenzhen Sunwin, ZUKEN, PSI Software, Consensus Cloud and Shenzhen Tianyuan Dic.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $116M | ($37M) | 7.1x | 4.7x | (22.1x) | (68.3x) | |||
| $2B | $118M | 0.4x | 0.4x | 6.3x | 5.7x | |||
| $62M | $2M | 11.8x | 7.1x | 335.0x | - | |||
| $172M | ($31M) | 3.7x | 2.7x | (20.3x) | - | |||
| $79M | ($2M) | 12.1x | 7.9x | (412.2x) | 25.8x | |||
| $20M | ($147M) | 37.7x | - | (5.0x) | - | |||
| $277M | $51M | 1.6x | 1.7x | 8.9x | - | |||
| $329M | ($7M) | 2.6x | 2.5x | (127.4x) | 51.0x | |||
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Common questions about Rescale
| When was Rescale founded? | Rescale was founded in 2011. |
| Where is Rescale headquartered? | Rescale is headquartered in San Francisco, CA, United States. |
| Is Rescale publicly listed? | No, Rescale is a private, VC-backed company. |
| What is Rescale's valuation? | Rescale was last valued at $750M in its Series D in April 2025. |
| How much funding has Rescale raised? | Rescale has raised $272M across 6 funding rounds. |
| What was Rescale's last funding round? | Rescale's last funding round was a $115M Series D in April 2025. |
| Who are Rescale's investors? | Rescale's investors include Initialized Capital, Jeff Bezos, Hitachi Ventures, M12, NVIDIA, SineWave Ventures, Keen Venture Partners, Nautilus Venture Partners, Translink Capital, ITOCHU Technology Ventures and 26 others. |
| Which companies are comparable to Rescale? | Companies comparable to Rescale include DaoCloud, proteanTecs, Augury, Periodic Labs, Polaris Holdings and ZUKEN. |
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