What Silico does

Silico Ltd is a London-based, privately held software company founded in 2019 that sells a Business Process Simulation (BPS) platform designed to build Digital Twins of enterprise processes and, at scale, a Digital Twin of the Organisation. The platform uses a System Dynamics-based mathematical simulation framework with a no-code, drag-and-drop interface that ingests structured data from enterprise systems (SAP ERP, CRM, process mining outputs, BPMN files) and projects future KPIs such as lead time, backlog, FTE requirements, cash flow, and ESG metrics. The September 2023 release of Silico 2.0 added one-click import from process discovery tools, a native code accelerator delivering more than 10x speed improvements, and an AI-powered Process Optimisation engine that automatically identifies the combination of process variants and automations that maximises business outcomes.

The product is sold via a sales-led, demo-driven enterprise GTM with a 4-week Proof of Value cycle, offered as either a single-tenant annual enterprise licence (deployable on GCP, AWS, or Azure) or a shared multi-tenant monthly subscription. Pricing is quote-based and not publicly disclosed, and revenue is exclusively recurring SaaS subscription. Silico's primary customer segment is large enterprise transformation teams addressing use cases such as ERP transformation, finance and supply chain transformation, process excellence, and continuous improvement; secondary segments include Business Process Outsourcing providers and process mining consultants, supported by a formal partner programme with a 10% first-year revenue share.

The company has built a broad partner ecosystem across process mining (mpmX, Mindzie, Fluxicon, Soroco), RPA (UiPath), ERP (SAP via PartnerEdge, SoftwareAG, Arcwide for IFS), and infrastructure (Google Cloud Platform, OKTA), and holds ISO 27001:2022 certification with SOC 2 Type 2 in progress. Silico has raised approximately £3.4M in seed funding (March 2022, led by Join Capital with Forward Partners and Portfolio Ventures) and operates with a 1–10 person team headquartered in London, targeting European expansion following the seed round.

Name

Silico

Legal name

Silico Ltd

Website

https://silicoai.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Business Process Simulation Software

NAICS

Software Publishers (5132), Computer Systems Design Services (541512), Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

AI/ML Solution Integration & MLOps Enablement (BPAEAAAJ)

akta.pro secondary industries

Workflow-Oriented Integration & Orchestration (HDAEAIAG), ITIL/ITSM Process Consulting & Implementation (BPAEAJAB)

Keywords

• Business process simulation
• Digital twin platform
• Process optimization software
• Enterprise transformation tools
• Process mining integration

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Software Subscription (SaaS): Silico operates on a subscription model where customers pay periodic subscription fees for access to the software. The subscription is non-exclusive and non-transferable. Both managed SaaS (single-tenant) and shared multi-tenant options are available. Annual software license includes product and technical support, with a dedicated Customer Success Manager.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Silico sells a cloud-native Business Process Simulation (BPS) platform that enables organisations to build Digital Twins of their processes and entire organisation. The platform uses a System Dynamics-based mathematical simulation framework with AI-powered optimisation to model processes, run forward-looking what-if scenarios, and identify optimal combinations of process changes and automations that maximise business outcomes. It is delivered as managed SaaS (single-tenant enterprise or shared multi-tenant) on Google Cloud Platform, with optional deployments on AWS and Azure.

Product overview

Silico offers a unified Business Process Simulation platform centred on its core BPS/Process Simulation product, which uses a System Dynamics-based mathematical simulation framework to enable organisations to model processes and predict future outcomes. The platform architecture includes Silico 2.0 as the latest major release, the Digital Twin of the Organisation (DTO) as the overarching concept achieved by connecting Process Twins, and specialised modules for Transformation Teams, Process Mining, and Process Mapping. Complementary offerings include partner programmes for Consultants and BPO providers, the Silico Academy for training, and the Forewarned is Forearmed research report. The platform supports integration with enterprise systems including SAP ERP, CRM platforms, and offers SSO via OKTA.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Process Simulation (BPS) Core SaaS platform that enables organisations to model processes and simulate their performance under different conditions and future scenarios. Uses a System Dynamics-based mathematical simulation framework with AI-powered optimisation to identify optimal process changes and predict business outcomes. Targeted at large enterprise transformation teams and process excellence functions.
• Silico 2.0 Process Simulation Next-generation release of the Business Process Simulation platform featuring one-click import from process discovery tools (BPMN files and process mining outputs), a native code execution accelerator delivering greater than 10x simulation speed, and AI-powered Process Optimisation for automated identification of optimal process variants and automation strategies. Sold as the upgraded BPS offering to existing and new enterprise customers.
• Digital Twin of the Organisation (DTO) Virtual representation of an entire organisation that integrates real-time data from enterprise systems (ERP, CRM, process mining) to enable monitoring, experimentation, and forward-looking data-driven decisions. Built by connecting and expanding individual Process Twins over time. Sold as Silico's overarching Digital Twin subscription to enterprise customers.
• Process Mining Silico's process mining capability that discovers and analyses as-is processes using historical event data from enterprise systems. Identifies bottlenecks and inefficiencies that can be used as inputs into Business Process Simulation. Offered as a Silico product to enterprise customers.
• Process Mapping Silico's process mapping capability that visualises current and potential operating models and enables rapid Digital Twin development by uploading existing process maps into the platform. Offered to enterprise customers and partners.
• BPS for Transformation Teams Specialised BPS solution enabling enterprise transformation teams to model digital transformation initiatives, monitor implementation progress, identify optimal timing and sequencing of initiatives, and demonstrate ROI from an end-to-end process perspective. Targeted at large enterprise transformation functions.

Quantifiable outcome

• Revenue uplift of 8.3% achieved over 2.5 years through optimal transformation pathway
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability3 records

Feature5 records

Partnerships

Twelve partnerships are on record, tiered minor and core.

• European Expansion Partners (unnamed)minorOthers · 7 March 2022Following £3.4M seed funding in March 2022, Silico announced plans to expand operations across Europe. Partnership ecosystem includes regional implementation and delivery partners to support European market entry.
• mpmXcoreTechnology or IntegrationLeading Process Mining platform partner. mpmX is a strategic integration partner whose process mining outputs can be used within Silico's simulation platform. The partnership enables customers to import process mining data directly into Digital Twin simulations.
• MindziecoreTechnology or IntegrationNorth American-based leader in AI-Driven business process mining and automation. Partnership enables integration of Mindzie's AI-powered mining insights with Silico's simulation capabilities for North American customers.
• FluxiconcoreTechnology or IntegrationProvider of Fluxicon Disco, a process mining tool that generates visual and actionable insights about processes. Integration allows customers to leverage Disco's mining outputs in Silico simulations.
• SorococoreTechnology or IntegrationProvider of Scout, a specialised task mining software that supports automation and process improvement efforts. Partnership enables task mining data integration with Silico's Digital Twin platform.
• MarcadusminorImplementation/ SI/ Consulting PartnerProcess Mining specialist consultancy leading data-driven process improvement. Acts as implementation and delivery partner for Silico in European markets.
• UiPathcoreTechnology or IntegrationLeading Robotic Process Automation (RPA) platform. Partnership enables Silico to help customers determine optimal RPA deployment strategies and measure automation ROI before implementation.
• ArcwidecoreStrategic or Co-development PartnerIFS cloud ERP specialist providing professional services and business transformation expertise. Arcwide contributes expertise to Silico's research reports and provides IFS ERP integration capabilities.
• Hybrid TheoryminorGTM or Marketing PartnerDigital advertising agency partner that helps power smarter, data-driven advertising across the customer journey. Partnership focuses on joint marketing and demand generation.
• StratsysminorGTM or Marketing PartnerEnterprise performance management and sustainability partner helping organisations create meaningful change. Partnership enables sustainability transformation use cases within Silico's platform.
• SAPcoreTechnology or IntegrationEnterprise ERP vendor partnership through SAP PartnerEdge program. Enables deep integration with SAP ERP systems for data extraction and live Digital Twin synchronisation. Key part of Silico Enterprise software license includes pre-agreed data connectors.
• Google Cloud PlatformcoreTechnology or IntegrationPrimary cloud infrastructure provider. Silico is built natively on GCP with default hosting in London region. Enterprise deployments can also be hosted on AWS or Azure based on customer requirements.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• ProcessMaker: Low-code BPM and workflow automation platform with process modeling capabilities. Comparable as a process improvement vendor targeting similar enterprise transformation buyers.
• ABBYY Timeline: Process intelligence platform with task and process mining capabilities used by enterprises to identify automation candidates. Overlaps with Silico's input data sources and adjacent to Silico's optimization thesis.
• Celonis: Process mining market leader increasingly expanding into process optimization and execution. As a complementary/competing force to Silico's forward-looking simulation, Celonis could either partner with or compete against BPS platforms.

Broad incumbents

• UiPath: RPA platform that Silico partners with to help customers optimize automation ROI. UiPath's Process Mining and Task Mining capabilities increasingly overlap with adjacent process intelligence categories.
• SoftwareAG (ARIS): Enterprise process modeling and mining suite (ARIS) that Silico directly integrates with via BPMN. ARIS has the scale and incumbency to expand into forward-looking simulation, making it both a partner and competitive threat.
• SAP Signavio: SAP-owned process transformation suite covering mining, modeling, and journey orchestration. Comparable to Silico's transformation-team use cases and competes for the same ERP-driven transformation budgets.

Regional players

• Minit (now part of Microsoft): Process mining vendor (acquired by Microsoft) popular in European mid-market, comparable to Silico's EMEA focus and serving overlapping process discovery needs feeding into BPS use cases.

Direct peers

• AnyLogic: Simulation platform combining agent-based, discrete event, and system dynamics modeling for business process and supply chain optimization. Comparable as a multi-method BPS platform competing for similar enterprise transformation use cases.
• Simul8 Corporation: Established process simulation software vendor used by healthcare, manufacturing, and service operations teams to model and optimize workflows. Overlaps with Silico on BPS use cases, although Simul8 is more simulation-engineering oriented and less cloud-native.
• Cosmo Tech: Provides a Digital Twin simulation platform (Cosmo Tech Smart Twin) for enterprise process and infrastructure optimization using System Dynamics-style modeling. Closely comparable to Silico in methodology, customer base, and Digital Twin positioning.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/wearesilico

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds2 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Silico