About GrabCAD
GrabCAD is a company based in Eden Prairie (United States) founded in 2009 was acquired by Stratasys in September 2014.. GrabCAD has raised $14.74 million across 6 funding rounds from investors including Stratasys, Atlas Venture and CRV. GrabCAD operates in a competitive market with competitors including Tech Soft, AllSpice, TOffeeAM, Instant3Dhub and Mixed Dimensions, among others.
- Headquarter Eden Prairie, United States
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Stratasys, Inc.
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Funding Insights of GrabCAD
GrabCAD has successfully raised a total of $14.74M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $8.15 million completed in October 2012. 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 Funding
- Total Rounds 6
- Last Round Series B — $8.2M
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First Round
First Round
(01 Jan 2010)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2012 | Amount | Series B - GrabCAD | Valuation | CRV | |
| Jan, 2012 | Amount | Series A - GrabCAD | Valuation | Matrix | |
| Jun, 2011 | Amount | Seed - GrabCAD | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in GrabCAD
GrabCAD has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Stratasys, Atlas Venture and CRV. 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.
| Investor | Description | Founded Year | Domain | Location |
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CRV is recognized as a venture capital firm investing in technology startups.
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Venture capital firm investing in life science and biotechnology sectors
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Seed-stage tech startups are invested in by NextView Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GrabCAD
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GrabCAD
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Grabcad Comparisons
Competitors of GrabCAD
GrabCAD 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 Tech Soft, AllSpice, TOffeeAM, Instant3Dhub and Mixed Dimensions, 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 |
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Provide 3D designing softwares for developers
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Collaboration platform for hardware designers is provided.
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Provider of AI and cloud-based 3D model fixing software
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Cloud-based CAD software is offered for 3D viewing and collaboration.
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3D model repair tools and content capture solutions are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Grabcad
Frequently Asked Questions about GrabCAD
When was GrabCAD founded?
GrabCAD was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is GrabCAD located?
GrabCAD is headquartered in Eden Prairie, United States. It is registered at Eden Prairie, Minnesota, United States.
Is GrabCAD a funded company?
GrabCAD is a funded company, having raised a total of $14.74M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1.1M, raised on Jan 01, 2010.
What does GrabCAD do?
GrabCAD was established in 2009 and is headquartered in Eden Prairie, United States. Operations center on software solutions for the engineering and design sector. Cloud-based tools are provided to handle CAD file management, viewing, and sharing, with capabilities such as file locking, revision tracking, and compatibility across CAD formats. Complementary 3D printing software is offered, incorporating material monitoring, print preparation, scheduling, and real-time alerts for users in manufacturing workflows.
Who are the top competitors of GrabCAD?
GrabCAD's top competitors include AllSpice, Tech Soft and Canvas GFX.
Who are GrabCAD's investors?
GrabCAD has 10 investors. Key investors include Stratasys, Atlas Venture, CRV, NextView Ventures, and Matrix.