SofTech

Lowell, United States Founded: 1969 • Age: 57 yrs
Software manufacturer of PLM solutions, CADCAM products and Product Data Management
Annual revenue - Latest available
Total funding - 3 rounds
Employees 3 Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About SofTech

SofTech is a company based in Lowell (United States) founded in 1969. The company has 3 employees as of December 31, 2020. SofTech has completed 1 acquisition, including Workgroup. SofTech operates in a competitive market with competitors including Arena Solutions, Nano Dimension, Sopheon, Agile Software and PROCAD, among others.

  • Headquarter Lowell, United States
  • Employees 3 as on 31 Dec, 2020
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Softech Inc
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $1.3 M (USD), Post-IPO

    Jun 26, 2014

  • Investors
  • Employee Count
    3

    as on Dec 31, 2020

  • Investments & Acquisitions
  • Acquired by
    N/A

    (Sep 09, 1996)

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Funding Insights of SofTech

Investments & Acquisitions by SofTech

SofTech has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Workgroup.

Investments
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Investment portfolio details for SofTech

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Limited information is available regarding Workgroup's core activities and operations.
Locked Locked 1991 Locked
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Complete acquisition details for SofTech

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - SofTech

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Detailed financials for SofTech

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  • Profit trends
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Softech Comparisons

SofTech Primary company
Description
Software manufacturer of PLM solutions, CAD/CAM products and...
Location
Lowell, United States
Founded Year
1969
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
3
As of 2020
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Peer comparison for SofTech

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of SofTech

SofTech 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 Arena Solutions, Nano Dimension, Sopheon, Agile Software and PROCAD, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud PLM applications are delivered for manufacturing firms.
Locked Locked Locked
Cloud-based precision additive manufacturing systems and nano inks for electronics
Locked Locked Locked
Software and services for product lifecycle management are offered.
Locked Locked Locked
PLM software products are developed and sold with consulting services.
Locked Locked Locked
Product lifecycle management software solutions are offered by PROCAD.
Locked Locked Locked
Product lifecycle management and document management software are provided.
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Detailed competitors of SofTech

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  • Domains and locations
  • Full company profiles
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Latest news on Softech

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Complete news archive for SofTech

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Frequently Asked Questions about SofTech

SofTech was founded in 1969 and raised its 1st funding round 42 years after it was founded.

SofTech is headquartered in Lowell, United States. It is registered at Lowell, Massachusetts, United States.

As of Dec 31, 2020, the latest employee count at SofTech is 3.

SofTech was founded in 1969 and is headquartered in Lowell, Massachusetts, United States. Software for product lifecycle management (ProductCenter PLM), computer-aided design and manufacturing (CADRA, SofTech Connectors, SpaceClaim Engineer), and product data management is provided by the company. Customers such as General Electric, Goodrich, Honeywell, Siemens, Sikorsky Aircraft, and the U.S. Army are served. Worldwide annual revenue stands at USD 12.1 million.

SofTech's top competitors include Nano Dimension, Arena Solutions and Sopheon.

SofTech has made 1 acquisition, including Workgroup.

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