Fundz

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.

PRIVATEJul 30, 2026

Amount Raised

$200 Million

Round Type

Series B

Palo AltoSoftwareArtificial IntelligenceAnalyticsMachine Learning

Investors

DefinitionIndex VenturesHanabiBain Capital VenturesA*FactoryCVS Health VenturesGreenoaks

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.

Quick answer

Simile raised $200 Million in a Series B round, dated July 30, 2026. Investors: Definition, Index Ventures, Hanabi, Bain Capital Ventures, A*, Factory, CVS Health Ventures and Greenoaks. Simile is based in Palo Alto, California, United States.

How much did Simile raise?
Simile raised $200 Million in a Series B round on July 30, 2026.
Who invested in Simile?
Definition, Index Ventures, Hanabi, Bain Capital Ventures, A*, Factory, CVS Health Ventures and Greenoaks are named as investors in this round.
What does Simile do?
Simile is the simulation company, built for leading enterprises.
Where is Simile based and how big is it?
Simile is based in Palo Alto, California, United States. Fundz records about 42 employees.
Who are the decision-makers at Simile?
Fundz holds 2 contacts at Simile, including the Head of Product. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Analytics and Software around the same time

Companies in the same sectors as Simile that raised within 45 days of this round, from Fundz verified event records.

  • Enigmata raised $6.5M (Seed) on September 10, 2026.
  • Clay raised $115M (Series D) on September 9, 2026.
  • Actionable raised $10M (Series A) on September 9, 2026.
  • Aitane raised $196K (Pre-Series A) on September 8, 2026.
  • Navana AI raised $4.2M (Series A) on September 7, 2026.
  • Zeit AI raised $5.8M (Seed) on September 3, 2026.

Who to call at Simile, and when

A new round usually means Simile is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Simile

Location

Palo Alto, California, United States

About

Simile is the simulation company, built for leading enterprises. We support world class customers like Gallup, CVS, Wealthfront and Suntory to accelerate growth, shorten innovation cycles, and derisk decisions. Backed by Index, Hanabi, BCV and A* along with angels including Fei‑Fei Li, Andrej Karpathy, Adam D’Angelo, Guillermo Rauch, Scott Belsky, and others. Simile is the trusted partner for modernizing enterprise decision making.

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Fundz sees it the moment Simile raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsMihika, Head of Product hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Simile raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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