EDEM Simulation

DEM Solutions develops, markets and sells EDEM® - the leading Discrete Element Method (DEM) software for bulk material flow simulation.
EDEM is used for ‘virtual testing’ of equipment that handles or processes bulk materials in the manufacturing of mining, construction, off-highway and agricultural machinery, as well as in the mining and process industries.
First released in 2006, EDEM is powered by the Company’s state-of-the-art DEM simulation technology, and it is also the underlying technology platform for EDEM BulkSim® and EDEM Academic™ software.
Companies worldwide that handle or process bulk materials such as coal, ores, soil, pellets, and powders deploy EDEM technology to:
*optimize equipment design and performance
*enhance product innovation
*increase productivity and operational efficiencies for greater profitability
*improve understanding of complex bulk particle systems
Founded in 2003, DEM Solutions is a global company headquartered in Edinburgh (UK) with offices in Boston (USA), Yokohama (Japan) and Shenzhen (China) supporting direct sales in Europe, Americas, Japan, China, and Australia, and channel sales in the rest of the world. DEM Solutions also works with a network of industry-expert engineering service partners worldwide supporting customers in deployment of EDEM simulation technology to address engineering challenges involving bulk particles.

Company Growth (employees)
Type
Private
HQ
Edinburgh, GB
Founded
2003
Size (employees)
42 (est)
EDEM Simulation was founded in 2003 and is headquartered in Edinburgh, GB

EDEM Simulation Office Locations

EDEM Simulation has office in Edinburgh
Edinburgh, GB

EDEM Simulation Metrics

EDEM Simulation Summary

Founding Date

2003

Total Funding

$5.8 m

Latest funding size

$4 m

Time since last funding

almost 10 years

Investors

We estimate that EDEM Simulation's latest funding round in May 2007 was $4 m. In total, EDEM Simulation has raised $5.8 m

EDEM Simulation Financials

We estimate that EDEM Simulation's revenue is £2.6 m in FY, 2014 which is a 9.7% increase from the previous period.
FY, 2014FY, 2015FY, 2016

Revenue

£2.6 m£2.4 m£3 m

Revenue growth, %

(8.9%)22.4%

Cost of sales

£376.8 k£381.3 k£585.9 k

Gross profit

£2.3 m£2 m£2.4 m

Gross profit Margin, %

85.8%84.2%80.2%

Operating expense total

£2.2 m£2.1 m£2.4 m
We estimate that EDEM Simulation's current employees are approximately 15% female and 85% male.

EDEM Simulation Online Presence

EDEM Simulation Company Life

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