About Onshape
Onshape is a company based in Cambridge (United States) founded in 2012 was acquired by PTC in October 2019. 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. Onshape offers products and services including Onshape CAD and Onshape PDM. Onshape operates in a competitive market with competitors including Vention, Tech Soft, Intergraph, ITI and Transoft Solutions, among others.
- Headquarter Cambridge, United States
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Sectors
Industrial Goods & Manufacturing
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Onshape India Private Limited
- Date of Incorporation 24 Aug, 2015
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$695.52 K (USD)35.78as on Mar 31, 2020
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Net Profit
$380.99 K (USD)648.79as on Mar 31, 2020
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EBITDA
$107.42 K (USD)47.49as on Mar 31, 2020
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Total Equity Funding
$348.69 M (USD)
in 7 rounds
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Latest Funding Round
$50 M (USD), Series D
Jun 03, 2019
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Investors
PTC
& 5 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
PTC
(Oct 23, 2019)
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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.
People of Onshape
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Software Development Team
251 people
Leadership Team
130 people
Sales and Marketing
102 people
Product Management Team
58 people
Senior Team
44 people
Operations Team
35 people
Principal Team
24 people
Human Resources and Administration
22 people
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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.
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 |
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Venture capital investments are offered to startups by NEA.
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Tech & offline focused VC firm investing in early & growth stage startups in the US
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Growth-stage companies are targeted for investment by Guidepost Growth Equity.
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Investor details for Onshape
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Investments & Acquisitions by Onshape
Onshape has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include CloudMilling.
Investment portfolio details for Onshape
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based software for production management and control is provided.
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Complete acquisition details for Onshape
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Financial Statements - Onshape
Detailed financials for Onshape
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Onshape Comparisons
Peer comparison for Onshape
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Competitors of Onshape
Onshape 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 Vention, Tech Soft, Intergraph, ITI and Transoft Solutions, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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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 Onshape
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Latest news on 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.
Annual revenue of Onshape is $695.52K as on Mar 31, 2020.
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 Vention, Tech Soft and Advanced Design Technology.
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.