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Luminary Cloud

Luminary Cloud

High-performance computing solutions for industrial R&D

About

Luminary Cloud specializes in high-performance computing (HPC) solutions for industrial research and development (R&D). The company is developing a simulation platform that offers supercomputer-level performance and accuracy at a lower cost. This platform includes tools for interactive simulation, visualization, and analysis, which help clients in industries like aerospace, automotive, and advanced manufacturing to speed up their engineering processes and improve design optimization. Unlike many competitors, Luminary Cloud focuses on performance and automation, allowing clients to quickly iterate on their designs. The company operates on a Software-as-a-Service (SaaS) model, where clients pay subscription fees to access the platform, ensuring they receive continuous updates and support. Luminary Cloud aims to make high-performance computing accessible and affordable for R&D teams, helping them achieve better results without the need for expensive supercomputing infrastructure.

Company Stage

Series C

Employees

51-200

Industries

Industrial & Manufacturing, Enterprise Software

Total Funding

$215M

Headquarters

N/A

Founded

2019


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Simplify's Take

What believers are saying

  • The recent $115M funding round provides substantial financial stability and resources for growth.
  • Collaborations with industry leaders like Siemens and Spatial Corp. enhance the platform's capabilities and market reach.
  • The addition of high-profile experts, such as former NASA scientist Mike Park, strengthens the company's technical expertise and credibility.

What critics are saying

  • As an early-stage startup, Luminary Cloud faces the challenge of establishing a strong market presence in a competitive HPC landscape.
  • The reliance on cloud-hosted GPUs may lead to high operational costs, impacting profitability.

What makes Luminary Cloud unique

  • Luminary Cloud's platform offers supercomputer-level performance and accuracy without the prohibitive costs, setting it apart from traditional HPC solutions.
  • The company's focus on interactive simulation and real-time engineering accelerates design cycles, a significant advantage over competitors.
  • Backed by Sutter Hill Ventures, Luminary Cloud benefits from strong financial support and strategic guidance, unlike many early-stage startups.

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Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-15%

2 year growth

95%

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