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Simile raised $200M in Series B funding at a $2 billion valuation, led by Greenoaks. The capital will accelerate its AI-powered models and scale operations in healthcare and financial services.
Amount Raised
$200 Million
Round Type
Series B
Palo AltoSoftwareArtificial IntelligenceAnalyticsMachine LearningInvestors
Description
Simile, based in San Francisco, raised $200 million in Series B funding at a $2 billion valuation. The round was led by Greenoaks, with participation from Index Ventures, Hanabi, Bain Capital Ventures, and others. The company plans to use the new capital to enhance its AI models and expand its operations. Founded by Joon Sung Park, Simile serves enterprise clients with its simulation platform.
Fundz sees it the moment Simile raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
Based on industry dataSimile raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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