About SolidWorks
SolidWorks is a company based in Waltham (United States) founded in 1993 was acquired by Dassault Systems in June 1997.. The company has 1 employees as of September 30, 2024. SolidWorks has completed 1 acquisition, including Priware. SolidWorks offers products and services including SOLIDWORKS CAD, Simulation Tools, Governance Solutions, and Manufacturing Solutions. SolidWorks operates in a competitive market with competitors including Onshape, Vention, Intergraph, Tech Soft and Comet Solutions, among others.
- Headquarter Waltham, United States
- Employees 1 as on 30 Sep, 2024
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Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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- Legal Name Solidworks Oü
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Annual Revenue
$40.34 K (USD)-25as on Dec 31, 2023
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Net Profit
$2.73 K (USD)151as on Dec 31, 2023
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
1
as on Sep 30, 2024
- Investments & Acquisitions
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Acquired by
Dassault Systems
(Jun 24, 1997)
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Products & Services of SolidWorks
SolidWorks offers a comprehensive portfolio of products and services, including SOLIDWORKS CAD, Simulation Tools, Governance Solutions, and Manufacturing Solutions. 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 3D modeling and design in product development.
Tools to test designs and analyze performance for efficiency.
Systems for streamlining data and ensuring compliance in development.
Integration for design-to-production workflows and precision manufacturing.
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Funding Insights of SolidWorks
| 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 SolidWorks
SolidWorks has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Dassault Systems. 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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SaaS-driven BIM and 3D modeling solutions are offered for construction.
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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 SolidWorks
SolidWorks has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Priware. 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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Priware is identified by its domain priware.com.
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| 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 - SolidWorks
| 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 |
Solidworks Comparisons
Competitors of SolidWorks
SolidWorks 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 Onshape, Vention, Intergraph, Tech Soft and Comet 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 |
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| domain | founded_year | HQ Location |
Cloud-based 3D CAD system is accessed via web browsers.
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Modular hardware and software platform for industrial automation is provided.
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Computer-aided design and geospatial intelligence software is supplied for enterprises.
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Provide 3D designing softwares for developers
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Simulation software for product development is provided by Comet Solutions.
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Cloud-based software is provided for manufacturing product design and development.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Solidworks
Frequently Asked Questions about SolidWorks
When was SolidWorks founded?
SolidWorks was founded in 1993.
Where is SolidWorks located?
SolidWorks is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
How many employees does SolidWorks have?
As of Sep 30, 2024, the latest employee count at SolidWorks is 1.
What is the annual revenue of SolidWorks?
Annual revenue of SolidWorks is $40.34K as on Dec 31, 2023.
What does SolidWorks do?
SolidWorks was founded in 1993 in Waltham, United States, where CAD software for solid modeling is developed. Suites of products for 3D modeling, simulation, visualization, data management, technical communication, and 3D experiences are offered, alongside tools for academic use. A license-based revenue model is employed. Operations focus on the software industry, serving sectors including automotive, industrial, medical, consumer, educational, technology, and transportation.
Who are the top competitors of SolidWorks?
What products or services does SolidWorks offer?
SolidWorks offers SOLIDWORKS CAD, Simulation Tools, Governance Solutions, and Manufacturing Solutions.
How many acquisitions has SolidWorks made?
SolidWorks has made 1 acquisition, including Priware.
Who are SolidWorks's investors?
SolidWorks has 1 investor. Key investors include Dassault Systems.
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