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Modelwise logo — Automating Functional Safety Analysis

Modelwise

Automating Functional Safety Analysis

Founded 2020 Germany Munchen, Germany 18 employees Seed Total: $2.56M AI, Privacy and Security

General Information

Company Name Modelwise
Founded Year 2020
Location Germany Munchen, Germany +2
Employees 18
Industries AI, Privacy and Security
Funding Stage Seed
Social

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About Modelwise

Modelwise is a Munich-based deep-tech company founded in 2022, with a focus on automating functional safety analyses using AI-driven solutions. The company's slogan "Automating Functional Safety Analysis" reflects its commitment to revolutionizing functional safety analyses. Modelwise's mathematically complete solution integrates seamlessly into engineers' workflows, reducing time-to-market for companies like HIMA and Pepperl+Fuchs. By leveraging AI to detect potential design flaws early in the development of safety-critical products, Modelwise's solution averts costly callbacks and ensures human safety. The company recently secured a $361.39K Seed Round investment on November 9th, 2023, from VENTIS CAPITAL. With its innovative approach, Modelwise is positioned to make a significant impact in the industry, addressing crucial safety concerns and driving efficiency in product development.

Taxonomy: Functional Safety, Safety Analysis, Engineering Software, Industrial Tech, Munich-based, Reliability, ISO 26262, IEC 61508, FMEA, FMEDA, FMECA, Product Innovation, Simulation & Analysis

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 1
Investor
09 Nov 2023
Seed Round •••••• 3
Investor Investor Investor
17 Apr 2023
Non Equity Assistance •••••• 1
Investor
01 May 2022

Modelwise Alternatives & Competitors

Modelwise vs
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Modelwise vs
Invanta
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Safework Solutions, LLC
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FAQ About Modelwise

Automating Functional Safety Analysis
Modelwise was founded in 2020.
Modelwise is headquartered in Munchen, Germany.
Modelwise operates in the following industries: AI, Privacy and Security.
Modelwise has approximately 18 employees.
Modelwise has completed 3 funding rounds, raising a total of $2.56M. The latest funding stage is Seed.
Top alternatives and competitors to Modelwise include Predictive Solutions, Invanta, Safework Solutions, LLC, Professional Safety Solutions, LLC, 3D Response Systems . These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Modelwise and Predictive Solutions are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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