2024 Revenue
$1.8M
Funding
$7.8M
YOY
46.3%
Team
15
Founded
2014
How SmartUQ CEO Peter Chien grew to $1.8M revenue with a 15 person team in 2024.
Developer of uncertainty quantification and analytics software designed to offer real-world variability and probabilistic behavior analysis. The company's software runs complex tests with multiple variables needed for designing products, making business decisions, fluid dynamics, multi-physics and other types of complex simulation and accelerates analysis cycles, improves designs and increases confidence in decisions, enabling businesses to reduce the number of simulations and tests required to gain deep insights.
Last updated
SmartUQ Revenue
In 2024, SmartUQ's revenue reached $1.8M. The company previously reported $1.2M in 2023. Since its launch in 2014, SmartUQ has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | SmartUQ Hit $1.8m revenue in October 2024 | |
| 2023 | SmartUQ Hit $1.2m revenue in December 2023 | |
| 2021 | SmartUQ Hit $1.2m revenue in April 2021 | |
| 2014 | Launched with $0 revenue |
SmartUQ Valuation, Funding Rounds
SmartUQ has not publicly disclosed its valuation. The company has raised $7.8M in total funding to date.
SmartUQ has raised $7.8M in total funding across 5 rounds, with its most recent round in 2018.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2018 | Funding round | $993.5K | - | - | |
| 2017 | Funding round | $1.9M | - | - | |
| 2017 | Funding round | $2.4M | - | - | |
| 2016 | Funding round | $750K | - | - | |
| 2014 | Funding round | $1.8M | - | - |
Founder / CEO
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 SmartUQ yet.
SmartUQ Employees & Team Size
SmartUQ employs approximately 15 people as of 2026, including 3 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 15 employees (October 2024) |
| 2023 | Reached 15 employees (December 2023) |
| 2022 | Reached 16 employees (December 2022) |
| 2021 | Reached 17 employees (December 2021) |
| 2021 | Reached 16 employees (April 2021) |
Frequently Asked Questions about SmartUQ
What is SmartUQ's revenue?
SmartUQ generates an estimated $1.8M in annual revenue.
Who founded SmartUQ?
SmartUQ was founded by Peter Chien.
Who is the CEO of SmartUQ?
The CEO of SmartUQ is Peter Chien.
How much funding does SmartUQ have?
SmartUQ raised $7.8M across 5 rounds.
How many employees does SmartUQ have?
SmartUQ has 15 employees.
Where is SmartUQ headquarters?
SmartUQ is headquartered in Madison, Wisconsin, United States.
Compare SmartUQ to the industry
SmartUQ operates across multiple industries. Browse revenue, funding, and growth data for SmartUQ 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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