About Onshape
Onshape is an Industrial Goods & Manufacturing company based in Cambridge (United States) founded in 2012, and was acquired by PTC in October 2019. Cloud-based 3D CAD system is accessed via web browsers. Onshape has raised $348.69 million across 7 funding rounds from investors including PTC, NEA and Commonwealth Capital Ventures. Onshape has completed 1 acquisition, including CloudMilling. Its website onshape.com draws about 6.9 million monthly visits. Its Indian entity Onshape India Private Limited reported revenue of ₹5.08 Cr. Onshape offers products and services including Onshape CAD and Onshape PDM. Its focus areas include Enterprise Applications, Manufacturing Tech, Product Design & Development and Computer-Aided Design. Its competitors include Tech Soft, Intergraph and ITI.
Company details
Onshape was founded in 2012 in Cambridge, United States, as a provider of cloud-based 3D CAD software. The system is designed for access through web browsers on desktops, mobiles, or tablets, supporting collaborative work without file copying or locking. Features encompass parametric and direct editing, assemblies, drawings, and version control. Professional subscriptions are priced at 100 monthly for unlimited storage and usage in the engineering software sector.
- Headquarters Cambridge, United States
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Website category Computers Electronics and Technology
- Website onshape.com/en
- Social LinkedIn X Facebook
- Acquired by PTC (Oct 2019)
- Legal Name Onshape India Private Limited
- Date of Incorporation 24 Aug, 2015
- Jurisdiction Pune, Maharashtra, India
- Indian entity revenue₹5.08 Cr
FY 2020 · +36% YoY
- Indian entity net profit₹2.78 Cr
FY 2020 · 55% margin
- Indian entity EBITDA₹3.64 Cr
FY 2020 · 72% margin
- Total Equity Funding$348.69M (USD)
in 7 rounds
- Latest Funding Round$50M (USD), Series D
Jun 2019
- InvestorsPTC
& 5 more
- Investments & Acquisitions
- Acquired byPTC
(Oct 2019)
Associated legal entities of Onshape
Onshape operates through Onshape India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Onshape India Private Limited CIN U72900PN2015FTC156277 | Active | 24 Aug 2015 | Pune, Maharashtra | ₹5.1 Cr | 3 | View details |
Products & Services of Onshape
Onshape offers a comprehensive portfolio of products and services, including Onshape CAD and Onshape PDM.
Cloud platform for 3D modeling and design automation.
Built-in system for version control and branching in designs.
Apps and channels of Onshape
Onshape publishes 1 mobile app with over 1M+ downloads.
Funding Insights of Onshape
Onshape has successfully raised a total of $348.69M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $50 million completed in June 2019. 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 $348.69M
- Total Rounds 7
- Last Round Series D — $50M
- First Round $9M
(Dec 2012)
- Investors Count 5
All 7 funding rounds of Onshape with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2019 | $50M | Series D | – | – | – |
| Apr 2017 | $64M | Series D | – | New Enterprise Associates, Commonwealth Capital Ventures | – |
| Sep 2015 | $105M | Series D | – | a16z | |
| Mar 2015 | $30M | Series C | – | New Enterprise Associates, Commonwealth Capital Ventures | – |
| Apr 2014 | $57M | Series B | – | – | – |
| Apr 2013 | $33.69M | Series B | – | New Enterprise Associates | |
| Dec 2012 | $9M | Series A | – | Commonwealth Capital Ventures, North Bridge Venture Partners | – |
6 investors in total: 6 institutional.
Investors in Onshape
Onshape has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include PTC, NEA and Commonwealth Capital Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States | ||
Tech & offline focused VC firm investing in early & growth stage startups in the US | commonwealthvc.com | Woburn, United States | ||
Growth-stage companies are targeted for investment by Guidepost Growth Equity. | guidepostgrowth.com | Boston, United States | ||
Venture capital investments in technology sectors are handled by Andreessen Horowitz. | a16z.com | |||
US focused seed to growth stage VC firm | northbridge.com | Needham, United States | ||
PTC is recognized as a global leader in product lifecycle management software. | 1985 | ptc.com | Boston, United States |
Investor details for Onshape
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Onshape India Private Limited (Onshape)
Onshape India Private Limited is the primary company behind Onshape. The board of Onshape India Private Limited currently have 3 directors; the longest-serving is Rahul Dattatraya Dharmadhikari, appointed in 2015. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rahul Dattatraya Dharmadhikari DIN 00056802 | Director | 24 Aug 2015 | 11 yrs 2 mo | Onshape India Private Limited |
| Nicholas Dhun Aspandiar DIN 08235431 | Director | 09 Jun 2020 | 6 yrs 4 mo | Onshape India Private Limited |
| Aniket Amar Marathe DIN 07019596 | Director | 09 Jun 2020 | 6 yrs 4 mo | Onshape India Private Limited |
People of Onshape
849 people are tracked at Onshape (313 in leadership, 10 in board & advisors, 526 in team).
| Name | Role | Group |
|---|---|---|
Walter Panza | Senior Sales Director, License Compliance Emeai, Latam. Advisory Services International | Leadership |
Joan Walsh | Director Customer Operations | Leadership |
Emily Abeling | Senior Director, Go-to-market Strategy | Leadership |
Vinod Palakkil | Senior Director Indirect Business ( Mid Market And Smb) | Leadership |
Pierre Yves Matthiau | Head Of International Growth Marketing | Leadership |
Ross Gilmour | Regional Vice President - Northern Europe | Leadership |
Dhirendra Kulkarni | Presales Senior Director | Leadership |
Amit Jain | Chief Strategy Officer | Leadership |
Melissa Viccione | Svp, Head Of Global Total Rewards | Leadership |
Pramod Gargate | Key Account Director | Leadership |
Daniel Spieß | Regional Director Customer Success Management | Leadership |
Carla Riney | Vice President Of Product Management | Leadership |
Brian Gordon | Senior Director Of Product Management | Leadership |
Oscar Ornelas | Vp, Chief Product Security Officer | Leadership |
Jeff Zemsky | Vice President Of Product Management | Leadership |
Kanisha Raina | Vice President Human Resources | Leadership |
Tal Halutsy | Director, Software Engineering | Leadership |
Holger Schmiedefeldt | Vice President, Sales And Customer Solutions | Leadership |
Ugo de Maio | Regional Director, Customer Success Management | Leadership |
Tom Salvoni | Director, IT Infrastructure And Architecture - IT Strategy | Leadership |
829 more people are available in the full profile.
Complete people profiles for Onshape
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
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Financials of Onshape
Figures of Onshape India Private Limited, the primary company behind Onshape, for FY 2020. Revenue was ₹5.08 Cr (+36% year on year). Net profit was ₹2.78 Cr (55% margin). EBITDA was ₹3.64 Cr (72% margin). Revenue has grown at a compounded annual rate of +13% over three years.
- ₹5.08 CrRevenue · FY 2020 · +36% YoY
- ₹2.78 CrNet profit · 55% margin
- ₹3.64 CrEBITDA · 72% margin
- ₹1 LakhPaid-up capital
- +13%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Onshape India Private Limited are on its company page.
Detailed financial statements for Onshape
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Onshape
Onshape has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include CloudMilling.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based software for production management and control is provided. | cloudmilling.com | Leominster, United Kingdom | 2014 | Sep 2022 | •••• |
Complete acquisition details for Onshape
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Onshape
5 dated milestones of Onshape across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Onshape is founded.
- Funding First funding round of $9.0M.
- Funding Latest funding round, Series D, of $50.0M.
- Exit Acquired by PTC.
- Acquisition Acquires CloudMilling.
Competitors of Onshape
Onshape has 3 listed competitors in our database. They include Tech Soft, Intergraph and ITI.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| techsoft3d.com | 1996 | Berkeley, United States | 49 | Provide 3D designing softwares for developers | ||
| intergraph.com | 1969 | Nashville, United States | 4,237 | Computer-aided design and geospatial intelligence software is supplied for enterprises. | ||
| iti-global.com | 1983 | Milford Center, United States | CAD data migration, validation, and integration solutions are provided. |
Detailed competitors of Onshape
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Onshape
The website of Onshape (onshape.com) receives about 6.9M visits a month and ranks #6,896 among all websites worldwide, #989 in Computers Electronics and Technology.
- Monthly visits6.9M
▲ 12.1% vs previous month
- Unique visitors1.1M
per month
- Global rank#6,896
among all websites
- Category rank#989
Computers Electronics and Technology · Computers Electronics and Technology
- Bounce rate26%
- Pages per visit8.4
- Average visit8 min 26 sec
- DevicesDesktop 86% · Mobile 14%
Websites whose visitors overlap most with Onshape. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| thingiverse.com | 100% | #1,892 | View details | ||
| formlabs.com | 92% | 1M | #66,985 | View details | |
| grabcad.com | 91% | 3.4M | #11,830 | View details | |
sparkfun.com | sparkfun.com | 90% | #46,623 | – | |
| tinkercad.com | 90% | 13.1M | #3,300 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Onshape
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- 40 similar websites
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Top companies in Manufacturing Tech Solutions
3 companies that operate in the same segment as Onshape (Manufacturing Tech Solutions) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | USD 3.17 B | 22,153 | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 200.44 M | USD 686.63 M | 1,090 | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M |
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Related news about Onshape
Complete news archive for Onshape
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Frequently Asked Questions about Onshape
Onshape was founded in 2012.
Onshape is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Onshape is a funded company, having raised a total of $348.69M across 7 funding rounds to date. The company's 1st funding round was a Series A of $9M, raised on Dec 2012.
The primary company behind Onshape, Onshape India Private Limited, reported revenue of ₹5.08 Cr for FY 2020, up 36% year on year.
Onshape was founded in 2012 in Cambridge, United States, as a provider of cloud-based 3D CAD software. The system is designed for access through web browsers on desktops, mobiles, or tablets, supporting collaborative work without file copying or locking. Features encompass parametric and direct editing, assemblies, drawings, and version control. Professional subscriptions are priced at 100 monthly for unlimited storage and usage in the engineering software sector.
Onshape's top competitors include Tech Soft, Intergraph and ITI.
Onshape offers Onshape CAD and Onshape PDM.
Onshape has made 1 acquisition, including CloudMilling.
Onshape has 6 investors. Key investors include PTC, NEA, Commonwealth Capital Ventures, Guidepost Growth Equity, and Andreessen Horowitz.
Onshape operates through Onshape India Private Limited.
Yes. Onshape was acquired by PTC in October 2019.
The legal entities of Onshape currently have 3 directors, including Rahul Dattatraya Dharmadhikari, Nicholas Dhun Aspandiar, Aniket Amar Marathe.