Rescale was founded in 2011 by Adam McKenzie and Gregorius Poort. The company has not publicly endorsed a plan to participate in an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Rescale is a cloud-based high performance computing platform "created specifically for digital R&D." The platform is equipped to handle workloads within a variety of industries, including aerospace, pharmaceutical development, genomics, and semiconductor design and manufacturing. Rescale maintains strategic partnerships with platforms such as AWS, Microsoft Azure, Google Cloud, ANSYS, and AutoForm. The company has raised more than $100 million in venture capital funding from investors including Hitachi Ventures, M12, Nautilus Venture Partners, NVIDIA, Republic Labs, Samsung Catalyst Fund, Jeff Bezos, and Peter Thiel. The company has not disclosed specific valuation figures.

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Learn more about Rescale

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Is Rescale a publicly traded company?

Rescale is a private company and not publicly traded.

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Will Rescale go IPO?

Rescale has not yet filed for an IPO. However, it's important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or through mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

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What is Rescale's IPO price?

The IPO price for Rescale will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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Can you invest in Rescale pre-IPO?

Rescale is privately held company and is not publicly traded, therefor investing in Rescale pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to invest in private companies before their potential IPO. If you are not an accredited investor, discover how to begin the the process to potentially qualify for new investment opportunities.

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Can you sell Rescale before it goes public?

Yes, you can seek to sell shares in Rescale while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

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What is Rescale's funding to date?

Rescale has raised $162.08MM to date.
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When was Rescale founded?

Rescale was founded in 2011.

Who are Rescale's major investors?

Andreessen Horowitz
Gaingels
DST Global
TransLink Capital
Republic Capital
Jump Capital
DCVC
Initialized Capital Management
Plug and Play Tech Center
UpHonest Capital
ff Venture Capital
Quiet Capital

Rescale funding rounds and last known valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
11/23/2021

Series C-1

$55.42MM raised $XXX.XX $XXX.XX
2/2/2021

Series C

$52.96MM raised $XXX.XX $XXX.XX
7/24/2018

Series B

$32.42MM raised $XXX.XX $XXX.XX
6/16/2016

Series A and A-1

$14.9MM raised $XXX.XX $XXX.XX
7/14/2015

Series Seed-1, Seed-2 and Seed-3

$6.38MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: Jul 26, 2024

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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.