Numascale
Oslo, Oslo, Norway
Valuation
$5.5M
2021 Revenue
$1.8M
Funding
$8.4M
Team
52
Founded
2008
How Numascale CEO Morten Toverud grew to $1.8M revenue with a 52 person team 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. Since its launch in 2008, Numascale has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | Numascale Hit $1.8m revenue in April 2021 | |
| 2008 | Launched with $0 revenue |
Numascale Valuation, Funding Rounds
Numascale's most recent disclosed valuation is $5.5M.
Numascale has raised $8.4M in total funding across 2 rounds, with its most recent round in 2012.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2012 | Funding round | $3.5M | - | - | |
| 2009 | Funding round | $4.9M | - | - |
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.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Numascale yet.
Numascale Employees & Team Size
Numascale employs approximately 52 people as of 2026, including 1 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2021 | Reached 52 employees (April 2021) |
Frequently Asked Questions about Numascale
What is Numascale's revenue?
Numascale generates $1.8M in revenue.
Who founded Numascale?
Numascale was founded by Morten Toverud.
Who is the CEO of Numascale?
The CEO of Numascale is Morten Toverud.
How much funding does Numascale have?
Numascale raised $8.4M across 2 rounds.
How many employees does Numascale have?
Numascale has 52 employees.
Where is Numascale headquarters?
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.
Claim this profilePeople Also Viewed
Syndeo.cx
Developer of a conversational platform intended to communicate with customers in the right place, at the right time. The company's platform is an intelligent virtual assistant that qualifies leads, communicates with customers and improves customer service, enabling clients to help improve their sales performance while reducing their office running costs.
VIAR
Developer of a cloud-based content management system designed to to create interactive virtual reality experiences from 360 photographs and videos. The company's cloud-based content management system help businesses to begin using virtual reality as a business tool by reducing the time, effort, and knowledge required to create interactive virtual reality experiences from 360 photographs and videos and features a drag-and-drop interface, enabling non-technical creative departments in enterprises to create VR stories that include interactive elements using hotspots before publishing to mobile apps, websites, email or social platforms.
TeskaLabs
Developer of cloud-based security products designed to provide Mobile and IoT Application security. The company's cloud-based security platform provides grade level security services for IT infrastructure and other digital assets and prevent hackers from attacking business and stealing sensitive information, providing businesses protection against cyber threats connected with data.
SmartGames
Provider of children's edutainment media services intended to license, produce and distribute kids' IP in the Greater China Region. The company's wide-range of licensing agreements with US/European children's brands and distribution partnerships enable parents to have a trusted source of excellent, educational and fun videos, apps and merchandise for young children.
StaTwig
Developer of a blockchain-based supply chain platform intended to provide real-time tamper-proof end-to-end tracking. The company's platform provides real-time tracking and visibility of the life journey of a product, including geographical location, changes in temperature, along with all of the transactions, contracts and payments associated with the product as it moves through the supply chain, enabling clients to trace products from manufacturer to customer by using loT and other emerging technologies.
Sufio
Provider of an invoice printing application intended to be used in shops and e-commerce sites. The company's application assists in bulk printing and works with Shopify and BigCommerce, enabling online stores to automatically create and send invoices for every order made in the store while allowing to capture and validate VAT numbers from the business customers.
