BioComp Systems

What BioComp Systems does

BioComp Systems, Inc. is a privately held, founder-controlled software company established in 1992 and headquartered in Redmond, Washington. The company develops biologically inspired computing algorithms — combining genetic algorithms, neural networks, and neurogenetics — that power predictive analytics, modeling, and optimization across industrial and financial workflows. Its product portfolio centers on the NeuroGenetic Optimizer (NGO) for universal mathematical modeling, the Intellect autonomous self-maintaining platform (versions 1.0 through 4.0) with server and desktop deployment, the Enterprise Modeling Server (EMS III) for high-volume batch forecasting, and a financial analytics suite including BioComp Dakota, BioComp Profit, BioComp Patterns, Analytical Cloud, and System Seeker. Vertical-specific solutions include Virtual Metering (co-developed with BP), iImprove for process setpoint optimization, and Portfolio for risk-adjusted portfolio management.

BioComp serves enterprise customers across oil and gas, manufacturing (steel, metals, pulp and paper, chemicals, aerospace/military, foods), financial services, utilities, healthcare, and marketing, with named logos including BP, Standard and Poor's, Disney, and various banks, hotels, and theme parks. Go-to-market is primarily direct sales with personalized support including on-site and 24/7 options, supplemented by a self-serve monthly subscription channel through the my.biocompsystems.com online portal. The company reports approximately 50% of revenue from software licensing and 50% from professional services, with revenue evenly split between the US and international markets across 120 countries.

Founded by Carl Cook, who has been developing the underlying technology since 1979, BioComp operates without disclosed institutional investment or external funding and keeps revenue figures confidential. The company claims 10,000 users across 2,000 corporations and reports 500 billion completed optimizations across its customer base.

Name

BioComp Systems

Legal name

BioComp Systems, Inc.

Website

https://bio-comp.com

Company type

Private

Founded year

1992

Operating status

Operating

Short description

BioComp Systems is a founder-controlled software company providing biologically inspired predictive analytics and optimization software — combining genetic algorithms, neural networks, and neurogenetics — to enterprise customers in oil and gas, manufacturing, finance, utilities, and healthcare.

Ownership category

akta.pro rank

Headquarters

HQ city

Seattle

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licensing: The company earns approximately 50% of its revenue from software licenses. BioComp licenses its predictive analytics and optimization products to customers worldwide, including products like NeuroGenetic Optimizer, BioComp Dakota, BioComp Profit, BioComp Patterns, and the Intellect series.
2. Professional Services: Approximately 50% of revenue comes from services, which include on-going support, implementation, on-site consulting, and 24/7 around-the-clock support tailored to customer unique needs and applications.
3. Lease/Rental Model: Products are available on a monthly lease basis through an online portal. Payments are monthly with no refunds; cancellation can be done anytime through the customer portal.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

BioComp Systems develops and licenses biologically inspired computing software, combining neural networks, genetic algorithms, and neurogenetics for predictive analytics, mathematical modeling, and optimization of products, processes, and operations. It sells enterprise software products (NeuroGenetic Optimizer, Intellect platform, BioComp Dakota/Profit/Patterns, Analytical Cloud, EMS III, Virtual Metering, Portfolio, iImprove) alongside education, custom programming, and ongoing support services to industrial and financial customers worldwide.

Product overview

BioComp Systems offers a portfolio of biologically-inspired computing products centered on NeuroGenetics technology. The core offerings include the NeuroGenetic Optimizer for universal mathematical modeling and the Intellect autonomous platform with server and desktop tools. Financial analytics products include BioComp Dakota, BioComp Profit, BioComp Patterns, Analytical Cloud, and System Seeker for securities forecasting and portfolio management. Industrial solutions include Virtual Metering for oil and gas operations and iImprove for process optimization. Products employ genetic algorithms, neural networks, and autonomous self-maintaining algorithms.

Differentiator

Problem solved

Functional benefit

Brands

• NeuroGenetic Optimizer: Universal mathematical modeling tool
• BioComp Dakota
• BioComp Profit
• BioComp Patterns
• Analytical Cloud
• System Seeker
• Enterprise Modeling Server (EMS III)
• Intellect
• iImprove
• Portfolio
• Fusion

Products and services

• NeuroGenetic Optimizer (NGO) Universal mathematical modeling tool that combines neural networks with genetic algorithms to build, validate, and optimize predictive models across industrial and financial applications. Used by enterprise customers for modeling and optimization tasks.
• Intellect Platform Autonomous self-managing and self-optimizing modeling platform available in server and desktop versions. Used for industrial process optimization, manufacturing quality control, and high-volume batch processing across harsh industrial environments.
• BioComp Dakota Financial analytics product for securities analysis and trading system development, part of the Financial Analytics suite.
• BioComp Profit Financial analytics product for trading and profit optimization, part of the Financial Analytics suite.
• BioComp Patterns Financial analytics product for pattern recognition in market data, part of the Financial Analytics suite.
• Analytical Cloud for Finance Cloud-based high-performance computing platform for financial analytics that employs Intellect 4.0 HPC Mark IV cluster servers to search large quantities of alternative trading systems.
• System Seeker Financial analytics product for identifying and analyzing trading systems, part of the Financial Analytics suite.
• Enterprise Modeling Server (EMS III) High-volume neural network forecasting system that builds, validates, and rebuilds genetically optimized neural network models in parallel processing walk-forward batch processes. Used for large-scale securities forecasting.
• Portfolio Financial markets product for portfolio management enabling users to import multiple BioComp timing systems and compute risk-adjusted returns and fractions of allocated funds to achieve stated risk parameters.
• iImprove Product that uses models to obtain recommended setpoints for controllable process conditions to deliver desired product quality.
• Virtual Metering Virtual metering system for oil and gas applications that maintains accuracy autonomously as wells and reservoirs change behavior over time.
• Education and Training Education and training services accompanying BioComp's software offerings, supporting customer onboarding and ongoing mastery of biologically inspired computing technologies.
• Custom Programming and Algorithms Custom programming and algorithm development services tailored to customer applications and use cases, leveraging BioComp's biologically inspired computing technology.
• Ongoing Support Services Ongoing support including on-site consulting and 24/7 around-the-clock support tailored to customer needs and applications, representing approximately 50% of revenue.

Quantifiable outcome

• Predict product performance 8-10 hours ahead of lab test results, enabling faster response and closed-loop quality control
• +3 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature6 records

Partnerships

One partnership is on record.

• BPcoreStrategic or Co-development Partner · 15 September 2014BP collaborated with BioComp on autonomously self-maintaining virtual metering technology for oil and gas applications. BioComp's CTO Carl Cook was listed as inventor on BP's patent application for this technology, indicating a deep co-development relationship. The technology enables accurate virtual metering that automatically maintains accuracy as wells and reservoirs change behavior over time.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• DataRobot: DataRobot provides an automated machine learning platform for predictive analytics in financial services and industrial use cases. It targets overlapping customer problems (forecasting, risk, optimization) with a modern, automated approach rather than hand-crafted genetic algorithm/neural network systems.
• RapidMiner (Altair): RapidMiner provides a data science platform for predictive analytics and machine learning used by enterprises across manufacturing and finance. It competes with BioComp's NeuroGenetic Optimizer as a general-purpose modeling and analytics environment.
• H2O.ai: H2O.ai offers open-source and enterprise automated ML platforms for predictive analytics and forecasting. Its Driverless AI product overlaps with BioComp's predictive analytics and optimization capabilities but is built on modern gradient boosting and deep learning rather than genetic algorithms.

Broad incumbents

• C3.ai: C3.ai provides enterprise AI applications for industrial use cases including oil & gas, manufacturing, and financial services. It directly competes with BioComp's industrial predictive analytics and closed-loop quality control offerings, but at vastly greater scale and capital intensity.
• Honeywell Forge: Honeywell Forge is an industrial analytics and process optimization suite targeting oil & gas, chemicals, and manufacturing customers — directly competing with BioComp's industrial vertical and offering overlapping predictive maintenance, quality, and process optimization capabilities.
• Palantir Technologies: Palantir sells enterprise analytics platforms (Gotham, Foundry, AIP) to industrial, energy, and financial services customers, including oil & gas and manufacturing use cases overlapping with BioComp's vertical focus. It is a much larger, better-capitalized incumbent offering overlapping predictive analytics.
• SAS Institute: SAS provides analytics, AI/ML, and optimization software with strong penetration in banking, manufacturing, and energy. It competes with BioComp across multiple verticals with similar prepackaged software licensing plus professional services economics.

Direct peers

• Aspen Technology (Emerson): AspenTech offers industrial process optimization and asset performance software for chemicals, oil & gas, and manufacturing — directly comparable to BioComp's Intellect-based industrial machine learning, virtual metering, and process optimization capabilities.
• FICO: FICO provides analytics, optimization, and decision-management software, including credit scoring and financial predictive analytics used by banks and Wall Street firms. Its long-standing presence in financial analytics and Wall Street customers mirrors BioComp's securities forecasting and portfolio optimization offerings.
• Gurobi Optimization: Gurobi provides high-performance mathematical optimization solvers used for portfolio optimization, scheduling, and process optimization across finance and industrial sectors. It overlaps with BioComp's genetic-algorithm-based optimization capabilities but uses modern mathematical programming techniques.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/BioCompSystems
• Facebookfacebook.com/BioCompSystems

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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 BioComp Systems