Numascale
Oslo, Oslo, Norway
2021 Revenue
$1.8M
Funding
$8.4M
Team
52
Founded
2008
Numascale Revenue & Funding (2021)
Numascale generated $1.8M in revenue in 2021.
Developer of interconnected technology systems intended to assist in scalable in-memory computing. The company's systems offer a shared memory system and a performance computing software for running data analytics workload in-memory with shared memory architecture, enabling businesses to avail unique node controller to lower the barrier for system vendors to design scale-up systems.
Last updated
Numascale Revenue
In 2021, Numascale's revenue reached $1.8M.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Numascale Hit $1.8m revenue in April 2021 | Not recorded |
| 2008 | Launched with $0 revenue |
Numascale Valuation, Funding Rounds
Numascale has not publicly disclosed its valuation. The company has raised $8.4M in total funding to date.
Numascale has raised $8.4M in total funding across 2 rounds, with its most recent round in 2012.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2012 | Funding round | $3.5M | - | - | Not recorded |
| 2009 | Funding round | $4.9M | - | - | Not recorded |
Founder / CEO
Morten Toverud
CEO
Morten has extensive experience from the industry with his last position being VP R&D at Rheinmetall Defence in Oslo. Previous experience is as President & CEO in O-Mass AS, VP R&D in Tanberg Data ASA and from Kongsberg Informasjonskontroll AS. He started his career after studies and lecturing at the University of Oslo at The Norwegian Defence Research Establishment where he held a position as Senior Principal Scientist.
Numascale Employees & Team Size
Numascale employs approximately 52 people as of 2026, including 1 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 52 employees (April 2021) | Not recorded |
Frequently Asked Questions about Numascale
Is Numascale still operating?
No. Numascale has shut down.
What is Numascale's revenue?
As of 2021, Numascale generated $1.8M in revenue.
Who founded Numascale?
Numascale was founded by Morten Toverud.
When was Numascale founded?
Numascale was founded in 2008.
How much funding does Numascale have?
Numascale raised $8.4M across 2 rounds.
How many employees does Numascale have?
As of 2021, Numascale had 52 employees.
Where is Numascale headquartered?
Numascale is headquartered in Oslo, Oslo, Norway.
Compare Numascale to the industry
Numascale operates across multiple industries. Browse revenue, funding, and growth data for Numascale in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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