About PTC
PTC is a company based in Boston (United States) founded in 1985. It operates as a SaaS (Software-as-a-Service), and Managed Services. The company has 7,500 employees as of September 30, 2024. PTC has completed 24 acquisitions, including 4C Solutions, Arena Solutions and Atego. PTC offers products and services including Product Lifecycle Management Software, Application Lifecycle Management, and Service Lifecycle Management. PTC operates in a competitive market with competitors including Jama Software, Dassault Systems, Applied Dynamics, EnCo and No Magic, among others.
- Headquarter Boston, United States
- Employees 7500 as on 30 Sep, 2024
- Stage Public
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
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- Legal Name Ptc Inc.
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Annual Revenue
$2.3 B9.6as on Sep 30, 2024
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Net Profit
$376.33 M53.27as on Sep 30, 2024
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EBITDA
$731.77 M19.2as on Sep 30, 2024
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Latest Funding Round
- Investors
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Employee Count
7500
as on Sep 30, 2024
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Investments & Acquisitions
4C Solutions
& 23 more
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IPO & Listings of PTC
PTC is a publicly listed company on the NASDAQ with ticker symbol PTC in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of PTC
PTC offers a comprehensive portfolio of products and services, including Product Lifecycle Management Software, Application Lifecycle Management, and Service Lifecycle Management. 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.
Software for managing product lifecycle across enterprises.
Tools for accelerating innovation in software development.
Solutions for optimizing service operations and uptime.
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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 PTC
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 1987 | Amount | Private Equity Round - PTC | Valuation | Bessemer Venture Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 PTC
PTC has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners. 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 and support for entrepreneurs in technology and innovation sectors.
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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 PTC
PTC has strategically engaged in corporate development activities, having acquired 24 companies. Notable acquisitions include 4C Solutions, Arena Solutions and Atego. 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 query suite for graph and text data is offered.
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2019 | ||||
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AR-based field force automation solutions are provided for workforce training.
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2016 | ||||
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Design and topology optimization tools are provided for additive manufacturing.
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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 - PTC
| 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 |
Ptc Comparisons
Competitors of PTC
PTC 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 Jama Software, Dassault Systems, Applied Dynamics, EnCo and No Magic, 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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| domain | founded_year | HQ Location |
Cloud-based software for product requirement management is provided.
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| domain | founded_year | HQ Location |
SaaS-driven BIM and 3D modeling solutions are offered for construction.
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| domain | founded_year | HQ Location |
Model-based system engineering is utilized for product lifecycle support.
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| domain | founded_year | HQ Location |
Modular tools for engineering systems management are provided.
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| domain | founded_year | HQ Location |
Provider of software for model-based systems
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| domain | founded_year | HQ Location |
Engineering apps are delivered as a service for manufacturing processes.
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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 Ptc
Frequently Asked Questions about PTC
When was PTC founded?
PTC was founded in 1985 and raised its 1st funding round 2 years after it was founded.
Where is PTC located?
PTC is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
How many employees does PTC have?
As of Sep 30, 2024, the latest employee count at PTC is 7,500.
What is the annual revenue of PTC?
Annual revenue of PTC is $2.3B as on Sep 30, 2024.
What does PTC do?
PTC is established as a leader in product lifecycle management software, providing solutions that enhance engineering transformation, manufacturing excellence, and service optimization. The companys offerings are built on a strong product data foundation, fueled by AI, to create an intelligent product lifecycle. PTC serves various sectors, including aerospace, defense, and discrete manufacturing, with tools for managing product complexity, reducing costs, and improving quality. Solutions are designed to drive growth, innovation, and customer experience transformation across the enterprise value chain.
Who are the top competitors of PTC?
PTC's top competitors include Jama Software, Ansys and Dassault Systems.
What products or services does PTC offer?
PTC offers Product Lifecycle Management Software, Application Lifecycle Management, and Service Lifecycle Management.
Is PTC publicly traded?
Yes, PTC is publicly traded on NASDAQ under the ticker symbol PTC.
How many acquisitions has PTC made?
PTC has made 24 acquisitions, including 4C Solutions, Arena Solutions, and Atego.
Who are PTC's investors?
PTC has 1 investor. Key investors include Bessemer Venture Partners.
What is PTC's ticker symbol?
The ticker symbol of PTC is PTC on NASDAQ.
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