Scimplify says its annualized revenue run rate is about $200 million, roughly triple a year earlier, with a target of $400 million over the next year, TechCrunch reported. It serves more than 1,000 customers, including TDK, BASF and Hitachi, and oversees production across a network of more than 500 facilities, with about 90% of manufacturing in India.
Co-founder Sachin Santhosh said that in some cases it has taken projects from customer requirements to delivered material in about two months versus 12 to 18 months typically, though timelines vary. The U.S. run rate is about $60 million, up from $10 million a year earlier. All figures are company-reported.
Source: TechCrunch