What is SimIS?
SimIS, Inc. is a Veteran Owned Small Business that excels in delivering advanced information technology solutions. Their expertise spans critical areas such as Modeling and Simulation, Cybersecurity, Autonomous Solutions, and Test and Evaluation. The company caters to a broad spectrum of clients, including Fortune 500 corporations and various U.S. government entities, by providing integrated solutions designed to elevate operational effectiveness. Founded in 2007, SimIS is dedicated to pioneering future technologies and fortifying enterprise security through cutting-edge advancements and comprehensive training initiatives, all while fostering an environment conducive to employee success and upholding strong core values.
How much funding has SimIS raised?
SimIS has raised a total of $2.2M across 2 funding rounds:
Debt
$1M
Debt
$1.2M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.2M led by PPP
What's next for SimIS?
The recent major strategic investment into SimIS signals a pivotal moment for the company, likely enabling accelerated development and expansion of its innovative IT solutions. This capital infusion is expected to bolster its capabilities in areas like cybersecurity and autonomous systems, further solidifying its position in serving both commercial and government sectors. SimIS's focus on modeling the future and securing enterprises suggests a strategic direction towards leveraging this new financing to enhance its technological offerings and market reach, potentially exploring new partnerships or acquisitions to complement its growth strategy.
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