CADWorx & Analysis Solutions

Houston, United States Founded: 1984 • Age: 42 yrs Acquired By Hexagon PPM
Plant design and analysis software solutions are developed and supplied.

About CADWorx & Analysis Solutions

CADWorx & Analysis Solutions is a Real Estate & Construction company based in Houston (United States) founded in 1984, and was acquired by Hexagon PPM in December 2020. Plant design and analysis software solutions are developed and supplied. It operates in the Real Estate & Construction and Industrial Goods & Manufacturing sectors. CADWorx & Analysis Solutions has raised $42 million across 1 funding round from investors including Intergraph, Insight Partners and Hexagon PPM. Its chief executive, as recorded, is Rick Allen. The company was acqui-hired. Its focus areas include Enterprise Applications, Manufacturing Tech, Product Design & Development and Computer-Aided Design. Its competitors include Onshape, Tech Soft and Intergraph; 1 of its 3 listed competitors has raised funding.

Company details

COADE provides plant design and analysis software. Its products include CAESER for pipe flexibility and stress analysis software, PV Elite for pressure vessel and heat exchanger design, TANK for analysis of welded steel oil storage tanks, and CADWorkx for complete plant design. Some of its customers include Bechtel, Halliburton, Technip, Toyo, AMEC, ExxonMobil, Shell, Aramco, Chevron, DuPont, and Dow Chemical.

  • Headquarters Houston, United States
  • Stage Acquired
  • Sectors
    Real Estate & Construction
    Industrial Goods & Manufacturing
  • Website coade.com
  • Social LinkedIn X Facebook
  • Acquired by Hexagon PPM (Dec 2020)
Key Metrics
  • Total Equity Funding
    $42M (USD)

    in 1 rounds

  • Latest Funding Round
    $42M (USD), Series A

    Aug 2007

  • Investors
    Intergraph

    & 2 more

  • Acquired by
    Hexagon PPM

    & 1 more

    (Dec 2020)

Funding Insights of CADWorx & Analysis Solutions

CADWorx & Analysis Solutions has successfully raised a total of $42M through 1 strategic funding round. The most recent funding activity was a Series A round of $42 million completed in August 2007. 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 $42M
  • Total Rounds 1
  • Last Round Series A — $42M
  • First Round $42M

    (Aug 2007)

  • Investors Count 1

All 1 funding rounds of CADWorx Analysis Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2007$42MSeries A––
Valuation history

3 investors in total: 3 institutional.

Investors in CADWorx & Analysis Solutions

CADWorx & Analysis Solutions has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Intergraph, Insight Partners and Hexagon PPM.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Investment firm scaling software and technology companies from early to late stages.
insightpartners.com
Computer-aided design and geospatial intelligence software is supplied for enterprises.
1969intergraph.comNashville, United States
Provides solutions for product design, asset management, procurement, and document management.
2017hexagonppm.comMadison, United States
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Investor details for CADWorx Analysis Solutions

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People of CADWorx & Analysis Solutions

1 people are tracked at CADWorx & Analysis Solutions (1 in leadership).

NameRoleGroup
Rick Allen
CEO & PresidentLeadership
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Timeline of CADWorx & Analysis Solutions

4 dated milestones of CADWorx & Analysis Solutions across 36 years, from founding to its latest funding, stage changes and deals.

  1. Founded CADWorx & Analysis Solutions is founded.
  2. Funding First funding round of $42.0M.
  3. Exit Acquired by Intergraph.
  4. Exit Acquired by Hexagon PPM.

Competitors of CADWorx & Analysis Solutions

CADWorx & Analysis Solutions has 3 listed competitors in our database, 1 of them funded. They include Onshape, Tech Soft and Intergraph.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
onshape.com2012Cambridge, United States$348.69M98
Cloud-based 3D CAD system is accessed via web browsers.
techsoft3d.com1996Berkeley, United States49
Provide 3D designing softwares for developers
intergraph.com1969Nashville, United States4,237
Computer-aided design and geospatial intelligence software is supplied for enterprises.
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Detailed competitors of CADWorx Analysis Solutions

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Web traffic of CADWorx & Analysis Solutions

Websites that share an audience with CADWorx & Analysis Solutions (coade.com).

Similar websites

Websites whose visitors overlap most with CADWorx & Analysis Solutions. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
ansys.com
100%
1.6M#33,789View details
codeware.com
codeware.com
94%
#803,961–
sstusa.com
sstusa.com
93%
#1,275,468–
chempute.com
chempute.com
89%
#13,647,483–
codecad.com
86%
View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 17 similar websites and full traffic analytics for CADWorx & Analysis Solutions

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  • 17 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

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Top companies in Construction & Building Tech

3 companies that operate in the same segment as CADWorx & Analysis Solutions (Construction & Building Tech) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
SaaS project management software is provided for construction professionals.
2003Carpinteria, California, United StatesUSD 406.15 MUSD 1.32 B4,927
Business management software is offered for home service providers.
2007Glendale, California, United StatesUSD 1.1 BUSD 960.97 M3,049
Cloud-based positioning solutions are offered for industrial sectors.
1978Sunnyvale, California, United StatesUSD 3.59 B12,100
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Related news about Cadworx & Analysis Solutions

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Frequently Asked Questions about CADWorx & Analysis Solutions

CADWorx & Analysis Solutions was founded in 1984 and raised its 1st funding round 23 years after it was founded.

CADWorx & Analysis Solutions is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Rick Allen is the CEO of CADWorx & Analysis Solutions, as recorded in our data.

CADWorx & Analysis Solutions is a funded company, having raised a total of $42M across 1 funding round to date. The company's 1st funding round was a Series A of $42M, raised on Aug 2007.

COADE provides plant design and analysis software. Its products include CAESER for pipe flexibility and stress analysis software, PV Elite for pressure vessel and heat exchanger design, TANK for analysis of welded steel oil storage tanks, and CADWorkx for complete plant design. Some of its customers include Bechtel, Halliburton, Technip, Toyo, AMEC, ExxonMobil, Shell, Aramco, Chevron, DuPont, and Dow Chemical.

CADWorx & Analysis Solutions's top competitors include Onshape, Tech Soft and Intergraph.

CADWorx & Analysis Solutions has 3 investors. Key investors include Intergraph, Insight Partners, and Hexagon PPM.

Yes. CADWorx & Analysis Solutions was acquired by Hexagon PPM in December 2020.

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