CADFORCE

Los Angeles, United States Founded: 2001 • Age: 25 yrs Acquired By Neilsoft
CAD outsourcing services are provided for design and engineering needs.
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About CADFORCE

CADFORCE is a company based in Los Angeles (United States) founded in 2001 was acquired by Neilsoft in October 2008.. CADFORCE has raised $4.8 million across 2 funding rounds from investors including Neilsoft, Tech Coast Angels and Rincon Venture Partners. CADFORCE offers products and services including BIM Migration, Construction Drawings, Staff Augmentation, Virtual Design and Construction, and Content Creation. CADFORCE operates in a competitive market with competitors including iRunway, Unicita Consulting, HiTech AES, SmithDehn INDIA and Moralitas Group, among others.

  • Headquarter Los Angeles, United States
  • Sectors
    Business Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cadforce Inc
Operational Areas
Business Services → Business Process Outsourcing (BPO)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.8 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.1 M (USD), Series A

    Dec 01, 2006

  • Investors
    Neilsoft

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    Neilsoft

    (Oct 24, 2008)

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Products & Services of CADFORCE

CADFORCE offers a comprehensive portfolio of products and services, including BIM Migration, Construction Drawings, Staff Augmentation, Virtual Design and Construction, and Content Creation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Service for migrating data to BIM systems for AECO projects

Creation of detailed drawings for construction and engineering

Providing skilled staff for BIM and design tasks

Tools for virtual modeling and coordination in projects

Development of BIM libraries and content for AECO use

Funding Insights of CADFORCE

CADFORCE has successfully raised a total of $4.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.1 million completed in December 2006. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series A — $3.1M
  • First Round

    (15 Feb 2006)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2006 Amount Series A - CADFORCE Valuation Tech Coast Angels , Rincon Venture Partners
Feb, 2006 Amount Seed - CADFORCE Valuation Rincon Venture Partners , Tech Coast Angels
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in CADFORCE

CADFORCE has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Neilsoft, Tech Coast Angels and Rincon Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Angel Network for companies based in Southern California
Founded Year Domain Location
Early-stage venture capital is provided to US technology firms.
Founded Year Domain Location
Engineering consulting services in BIM and design fields are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CADFORCE

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - CADFORCE

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cadforce Comparisons

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Competitors of CADFORCE

CADFORCE operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as iRunway, Unicita Consulting, HiTech AES, SmithDehn INDIA and Moralitas Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Intellectual property services are provided by iRunway to various clients.
domain founded_year HQ Location
Intellectual property services are provided by Unicita Consulting in India.
domain founded_year HQ Location
Delivers engineering design and analysis services for comprehensive solutions.
domain founded_year HQ Location
Provides litigation support and intellectual property services for the legal industry.
domain founded_year HQ Location
Offers comprehensive business process outsourcing (BPO) services for efficient operations.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cadforce

CADFORCE Acquired By Neilsoft Ltd.
Socaltech17 years ago

Frequently Asked Questions about CADFORCE

When was CADFORCE founded?

CADFORCE was founded in 2001 and raised its 1st funding round 5 years after it was founded.

Where is CADFORCE located?

CADFORCE is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Is CADFORCE a funded company?

CADFORCE is a funded company, having raised a total of $4.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.7M, raised on Feb 15, 2006.

What does CADFORCE do?

The company was established in 2001 in Los Angeles, United States, with a focus on CAD outsourcing within the engineering and design sectors. Services encompassing computer-aided drafting and modeling are delivered to support client projects. Operations are managed from the Los Angeles base, serving various industries that require technical CAD expertise. Assistance is extended to firms seeking cost-effective outsourcing solutions for precise design workflows.

Who are the top competitors of CADFORCE?

CADFORCE's top competitors include iRunway, Unicita Consulting and HiTech AES.

What products or services does CADFORCE offer?

CADFORCE offers BIM Migration, Construction Drawings, Staff Augmentation, Virtual Design and Construction, and Content Creation.

Who are CADFORCE's investors?

CADFORCE has 3 investors. Key investors include Neilsoft, Tech Coast Angels, and Rincon Venture Partners.

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