Proficiency

Tel Aviv, Israel Founded: 1998 • Age: 28 yrs Acquired By ITI
Online CAD data translation and migration software is offered.
Annual revenue - Latest available
Total funding $58.6M 5 rounds
Employees - Tracked headcount
Investors 10 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Proficiency

Proficiency is a company based in Tel Aviv (Israel) founded in 1998 was acquired by ITI in July 2009. Proficiency has raised $58.65 million across 5 funding rounds from investors including ITI, Catalyst Investors and Pitango. Proficiency operates in a competitive market with competitors including Comet Solutions, TASKING, SolidWorks, TOSUN Technology and NAVASTO, among others.

  • Headquarter Tel Aviv, Israel
  • Sectors
    Industrial Goods & Manufacturing
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $58.65 M (USD)

    in 5 rounds

  • Latest Funding Round
    $4.25 M (USD), Series C

    Feb 26, 2008

  • Investors
    ITI

    & 9 more

  • Employee Count
    Not available
  • Acquired by
    ITI

    (Jul 01, 2009)

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Funding Insights of Proficiency

Proficiency has successfully raised a total of $58.65M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $4.25 million completed in February 2008. 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 Proficiency

Proficiency has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include ITI, Catalyst Investors and Pitango.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Growth equity venture capital firm
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Venture capital investments in tech and healthtech sectors through dedicated funds.
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Investments are made in early-stage technology companies globally.
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Investor details for Proficiency

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by Proficiency

Investments
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Investment portfolio details for Proficiency

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Proficiency

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Detailed financials for Proficiency

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  • Profit trends
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Proficiency Comparisons

Proficiency Primary company
Description
Online CAD data translation and migration software is offere...
Location
Tel Aviv, Israel
Founded Year
1998
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Proficiency

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Competitors of Proficiency

Proficiency 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 Comet Solutions, TASKING, SolidWorks, TOSUN Technology and NAVASTO, among others.

Company Name Domain Founded year HQ Location Description
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Simulation software for product development is provided by Comet Solutions.
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Software development tools for automotive microcontroller programming are provided.
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CAD software solutions for 3D solid modeling are provided.
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Designig solutions for OEMs and suppliers
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AI-enabled design solutions are offered for the automotive sector.
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Detailed competitors of Proficiency

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Latest news on Proficiency

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Complete news archive for Proficiency

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  • Brand-specific news history

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Frequently Asked Questions about Proficiency

Proficiency was founded in 1998 and raised its 1st funding round 1 year after it was founded.

Proficiency is headquartered in Tel Aviv, Israel.

Proficiency is a funded company, having raised a total of $58.65M across 5 funding rounds to date.

Proficiency was founded in 1998 in Tel Aviv, Israel. Online software for CAD data translation and migration is provided, enabling interoperability, design transfers, and 3D data handling. Sketches, parameters, and metadata are supported in translations, along with plugins and add-on tools. Manufacturers and suppliers in the automotive, aerospace, defense, and heavy machinery sectors are served through these operations.

Proficiency's top competitors include Comet Solutions, SolidWorks and TASKING.

Proficiency has 10 investors. Key investors include ITI, Catalyst Investors, Pitango, Viola Group, and Concord Ventures.

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