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
*********
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Website
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Social
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- 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
Employee Count
- 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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cloud platform for 3D modeling and design automation.
Built-in system for version control and branching in designs.
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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.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series D — $50.0M
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First Round
First Round
(06 Dec 2012)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Series D - Onshape | Valuation |
investors |
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| Apr, 2017 | Amount | Series D - Onshape | Valuation | New Enterprise Associates , Commonwealth Capital Ventures |
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| Sep, 2015 | Amount | Series D - Onshape | Valuation | a16z |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Tech & offline focused VC firm investing in early & growth stage startups in the US
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Founded Year | Domain | Location | |
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Growth-stage companies are targeted for investment by Guidepost Growth Equity.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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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 Onshape
Onshape has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include CloudMilling. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| 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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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Onshape
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Onshape Comparisons
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. 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Modular hardware and software platform for industrial automation is provided.
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| domain | founded_year | HQ Location |
Provide 3D designing softwares for developers
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| domain | founded_year | HQ Location |
Computer-aided design and geospatial intelligence software is supplied for enterprises.
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| domain | founded_year | HQ Location |
CAD data migration, validation, and integration solutions are provided.
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| domain | founded_year | HQ Location |
CAD software is developed for transportation and civil engineering professionals.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Onshape
Frequently Asked Questions about Onshape
When was Onshape founded?
Onshape was founded in 2012.
Where is Onshape located?
Onshape is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Is Onshape a funded company?
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 D of $105M, raised on Dec 06, 2012.
What is the annual revenue of Onshape?
Annual revenue of Onshape is $695.52K as on Mar 31, 2020.
What does Onshape do?
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.
Who are the top competitors of Onshape?
Onshape's top competitors include Vention, Tech Soft and Advanced Design Technology.
What products or services does Onshape offer?
Onshape offers Onshape CAD and Onshape PDM.
How many acquisitions has Onshape made?
Onshape has made 1 acquisition, including CloudMilling.
Who are Onshape's investors?
Onshape has 6 investors. Key investors include PTC, NEA, Commonwealth Capital Ventures, Guidepost Growth Equity, and Andreessen Horowitz.
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