Company profile: Comet Solutions
1.1 - Company Overview
Company description
- Provider of software applications for manufacturers to improve product development, including a low-code enterprise app platform, digital thread connecting lifecycle stages, change management, requirements engineering, program management, and component engineering.
Products and services
- Aras Innovator Platform: A flexible, low-code platform that accelerates rapid development and deployment of enterprise applications, enabling extensive customization and seamless integration with other systems
- Change Management: A process-centric product that manages product and system changes through structured tracking, formal approvals, and coordinated implementation
- Digital Thread: An end-to-end lifecycle system connecting design, manufacturing, and operation, ensuring data continuity and accessibility across all product stages
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Comet Solutions
Amendate
HQ: Germany
Website
- Description: Provider of simulation software solutions that support the generation and optimization of designs for additive manufacturing; German-based start-up.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Altair
HQ: United States
Website
- Description: Provider of enterprise analytics, engineering, and on-demand computing software that optimizes analysis, management, and visualization of business and engineering data. Solutions include HyperWorks for design exploration and simulation, RapidMiner for data analytics and AI, Altair One for cloud access to design and HPC, and Feko, Flux, and SimSolid for electromagnetic, electromechanical, and CAD assembly simulation without meshing.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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MultiSensor AI
HQ: United States
Website
- Description: Provider of AI-powered predictive maintenance and reliability solutions using thermal, acoustic, and vibration sensing. Offers MSAI Cloud, Edge, and Connect software to analyze sensor data for predictive maintenance and process control, monitoring critical assets and processes in distribution, manufacturing, and oil and gas, plus solutions for conveyor systems, motors, and facility safety using thermal video feeds and sensors.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Hiremech
HQ: United Kingdom
Website
- Description: Provider of materials handling solutions, offering forklift truck hire (short-term with or without driver), sales of new and used electric, gas and diesel models including reach trucks, servicing and repairs with inclusive contracts, LOLER inspections, parts supply, and sales and rental of electric scissor lifts. Delivers training, electric vehicles and transport support.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Augury
HQ: United States
Website
- Description: Provider of AI-driven machine and production health solutions for industrial operations, using sensors and AI to diagnose and predict equipment failures, optimize performance, and reduce downtime. Offers integration with CMMS, EAM, SCADA, and APM systems, global deployment through partners, and ecosystem collaborations to enhance solutions and improve production efficiency and sustainability.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Augury company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Comet Solutions
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Comet Solutions
2.2 - Growth funds investing in similar companies to Comet Solutions
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4 - Top valuation comps for Comet Solutions
4.2 - Public trading comparable groups for Comet Solutions
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