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How SmartUQ CEO Peter Chien grew SmartUQ 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.

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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.

SmartUQ Revenue GrowthReported revenue / ARR by year$0$400K$800K$1M$2M$2M201420162018202020222024$0$1M$1M$2MSource: GetLatka.com
YearMilestone
2024SmartUQ Hit $1.8m revenue in October 2024
2023SmartUQ Hit $1.2m revenue in December 2023
2021SmartUQ Hit $1.2m revenue in April 2021
2014Launched 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.

SmartUQ Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$2M$4M$6M$8M$10M201420152016201720182014 cumulative: $2M • 2014 Funding round: $2M2016 cumulative: $3M • 2014 Funding round: $2M • 2016 Funding round: $750K2017 cumulative: $5M • 2014 Funding round: $2M • 2016 Funding round: $750K • 2017 Funding round: $2M2017 cumulative: $7M • 2014 Funding round: $2M • 2016 Funding round: $750K • 2017 Funding round: $2M • 2017 Funding round: $2M2018 cumulative: $8M • 2014 Funding round: $2M • 2016 Funding round: $750K • 2017 Funding round: $2M • 2017 Funding round: $2M • 2018 Funding round: $994K$8MSource: GetLatka.com
YearRoundAmountValuation% Sold
2018Funding round$993.5K--
2017Funding round$1.9M--
2017Funding round$2.4M--
2016Funding round$750K--
2014Funding round$1.8M--

SmartUQ Employees & Team Size

SmartUQ employs approximately 15 people as of 2026.

SmartUQ has 15 total employees in different roles and functions and 3 sales reps that carry a quota.

SmartUQ Team GrowthReported headcount over time048121620201420162018202020222024001515Source: GetLatka.com
YearMilestone
2024Reached 15 employees (October 2024)
2023Reached 15 employees (December 2023)
2022Reached 16 employees (December 2022)
2021Reached 17 employees (December 2021)
2021Reached 16 employees (April 2021)

Founder / CEO

Peter Chien

Peter Chien is the Founder at SmartUQ.

Q&A

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Customers

We do not have customer count information for SmartUQ yet.

Frequently Asked Questions about SmartUQ

What is SmartUQ's revenue?

SmartUQ generates $1.8M in 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.

How many employees does SmartUQ have?

SmartUQ has 15 employees.

Where is SmartUQ headquarters?

SmartUQ is headquartered in Madison, Wisconsin, United States.

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Compare SmartUQ to the industry

SmartUQ operates across multiple industries. Browse revenue, funding, and growth data for SmartUQ in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .