DriveWorks

Warrington, United Kingdom Founded: 2001 • Age: 25 yrs Acquired By Bechtle
Cloud-based software is provided for manufacturing product design and development.
Annual revenue - Latest available
Total funding $5.5M 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About DriveWorks

DriveWorks is a company based in Warrington (United Kingdom) founded in 2001 was acquired by Bechtle in October 2024. DriveWorks has raised $5.53 million across 1 funding round from investors including Bechtle and BGF. DriveWorks offers products and services including DriveWorks Pro, DriveWorks Solo, and DriveWorksXpress. DriveWorks operates in a competitive market with competitors including Onshape, Vention, Tech Soft, Intergraph and ITI, among others.

  • Headquarter Warrington, United Kingdom
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Driveworks Limited
  • Date of Incorporation 28 Mar, 2003
  • Jurisdiction THELWALL, CHESHIRE
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $5.53 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5.53 M (USD), Series A

    Mar 08, 2021

  • Investors
    Bechtle

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    Bechtle

    (Oct 17, 2024)

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Products & Services of DriveWorks

DriveWorks offers a comprehensive portfolio of products and services, including DriveWorks Pro, DriveWorks Solo, and DriveWorksXpress.

Product name locked
Category locked
Primary

Toolkit for 3D product configurator and CPQ in manufacturing

Product name locked
Category locked
Locked

Add-in for SOLIDWORKS to automate design processes

Product name locked
Category locked
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Free tool for basic SOLIDWORKS automation features

People of DriveWorks

Headcount 10-50
Employee Profiles 18
Employee Profiles
People
Nicola Varker
Senior Applications Engineer
People
Ahmed Lasheen
Territory Manager - Asean, Oceania, GCC
People
Heather Hasz
Brand & Community Ambassador
People
Adam Baker
Product Manager - Integration

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Funding Insights of DriveWorks

DriveWorks has successfully raised a total of $5.53M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.53 million completed in March 2021. 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.

Investors in DriveWorks

DriveWorks has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Bechtle and BGF.

All
Venture Fund
Investor Description Founded Year Domain Location
Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland
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Business intelligence analytics, cloud, and IT services are provided.
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Investor details for DriveWorks

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
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Investments & Acquisitions by DriveWorks

Investments
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Investment portfolio details for DriveWorks

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Financial Statements - DriveWorks

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Detailed financials for DriveWorks

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  • Profit trends
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Driveworks Comparisons

DriveWorks Primary company
Description
Cloud-based software is provided for manufacturing product d...
Location
Warrington, United Kingdom
Founded Year
2001
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for DriveWorks

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Competitors of DriveWorks

DriveWorks 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 Onshape, Vention, Tech Soft, Intergraph and ITI, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based 3D CAD system is accessed via web browsers.
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Modular hardware and software platform for industrial automation is provided.
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Provide 3D designing softwares for developers
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Computer-aided design and geospatial intelligence software is supplied for enterprises.
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CAD data migration, validation, and integration solutions are provided.
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CAD software is developed for transportation and civil engineering professionals.
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Detailed competitors of DriveWorks

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Latest news on Driveworks

Bechtle AG’s Acquisition Of DriveWorks
Globallegalchronicle1 year ago
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Complete news archive for DriveWorks

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Frequently Asked Questions about DriveWorks

DriveWorks was founded in 2001 and raised its 1st funding round 20 years after it was founded.

DriveWorks is headquartered in Warrington, United Kingdom. It is registered at Warrington, England, United Kingdom.

DriveWorks is a funded company, having raised a total of $5.53M across 1 funding round to date.

DriveWorks was founded in 2001 and is based in Warrington, United Kingdom. Cloud-based software is offered for product design and development within the manufacturing sector. Entry-level design automation is supported by DriveWorksXpress, while custom products are created and configured using DriveWorks Solo. Sales and manufacturing processes are connected through DriveWorks Pro to enable delivery of tailored products. Operations focus on streamlining design workflows for industrial applications.

DriveWorks's top competitors include Onshape, Vention and Tech Soft.

DriveWorks offers DriveWorks Pro, DriveWorks Solo, and DriveWorksXpress.

DriveWorks has 2 investors. Key investors include Bechtle, and BGF.

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