About Toolpath
Toolpath is a company based in Atlanta (United States) founded in 2021. Toolpath has raised $24.73 million across 4 funding rounds from investors including Leaders Fund, Tech Square Ventures and BLH Venture Partners. Toolpath offers products and services including CAM Automation Software and DFM Analysis Service.
- Headquarter Atlanta, United States
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Website toolpath.com
- Legal Name Toolpath Labs, Inc
- Total Equity Funding$24.73M (USD)
in 4 rounds
- Latest Funding Round$5.7M (USD), Seed
Apr 2025
- InvestorsLeaders Fund
& 3 more
Products & Services of Toolpath
Toolpath offers a comprehensive portfolio of products and services, including CAM Automation Software and DFM Analysis Service.
AI-powered software is employed for automating CNC machining processes, including tool recommendations and operation planning.
Design-for-manufacturing feedback is generated based on part geometry and available tools to identify challenges and suggest alternatives.
Funding Insights of Toolpath
Toolpath has successfully raised a total of $24.73M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $5.7 million completed in April 2025. 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 $24.73M
- Total Rounds 4
- Last Round Seed — $5.7M
- First Round $6.04M
(May 2022)
- Investors Count 4
All 4 funding rounds of Toolpath with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2025 | $5.7M | Seed | – | – | – |
| Oct 2024 | $10M | Seed | – | Leaders Fund | |
| Aug 2024 | $2.99M | Seed | – | – | – |
| May 2022 | $6.04M | Seed | – | – | – |
4 investors in total: 3 institutional and 1 angel.
Investors in Toolpath
Toolpath has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Leaders Fund, Tech Square Ventures and BLH Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in tech startups are made by Leaders Fund. | – | leaders.vc | Toronto, Canada | |
Seed and early-stage US venture capital investments are managed. | – | techsquareventures.com | Atlanta, United States | |
Venture capital firm investing in tech sectors | – | blhventures.com | Atlanta, United States | |
CB Carl Bass | - | – | unknown_56169f419b5e4689b | - |
Investor details for Toolpath
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Toolpath
6 people are tracked at Toolpath (2 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Andy Powell | CEO | Leadership |
Justin Gray | Chief Technology Officer | Leadership |
Brad Estey | Frontend Developer | Team |
Fei Shen | Senior Software Engineer | Team |
Denny Smith | Sales Staff | Team |
Paul Clauss | Customer Success Manager | Team |
Complete people profiles for Toolpath
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Toolpath
3 dated milestones of Toolpath across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Toolpath is founded.
- Funding First funding round of $6.0M.
- Funding Latest funding round, Seed, of $5.7M.
Web traffic of Toolpath
The website of Toolpath (toolpath.com) receives about 25.3K visits a month.
- Monthly visits25.3K
▼ 6.2% vs previous month
Websites whose visitors overlap most with Toolpath. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| selecthub.com | 100% | 175.8K | #316,690 | View details | |
| github.com | 99% | 542.6M | #65 | View details | |
| draftsight.com | 90% | – | #281,324 | View details | |
guiformat.com | guiformat.com | 90% | – | #336,030 | – |
| grzsoftware.com | 86% | – | #1,828,814 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for Toolpath
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 15 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to Toolpath
10 companies that operate in the same segment as Toolpath (Manufacturing Tech Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | – | – | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 203.44 M | USD 686.63 M | 1,090 | |
Hexagon is recognized for delivering advanced measurement and automation technologies. | 1980 | Stockholm, Sweden | – | USD 6.52 B | – | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M | – | – | |
Cloud-based 3D CAD system is accessed via web browsers. | 2012 | Cambridge, Massachusetts, United States | USD 348.69 M | USD 695.52 K | – | |
AI-powered data science platform enables model deployment and analytics insights. | 1985 | Troy, United States | USD 35.05 M | – | – | |
AI-based software for manufacturing process optimization is offered. | 1981 | Bedford, United States | USD 100 M | USD 5.21 M | 64 | |
Manufacturing solutions are provided for industrial and consumer sectors. | 2018 | Bengaluru, Karnataka, India | USD 857.1 M | USD 1.71 B | 1,248 | |
Equipment rental marketplace and digital tools for construction are offered. | 2014 | Columbia, United States | USD 806.48 M | USD 4.38 B | – | |
Modular hardware and software platform for industrial automation is provided. | 2016 | Montreal, Quebec, Canada | USD 263.41 M | – | – |
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Frequently Asked Questions about Toolpath
Toolpath was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Toolpath is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Toolpath is a funded company, having raised a total of $24.73M across 4 funding rounds to date. The company's 1st funding round was a Seed of $6.04M, raised on May 2022.
Provider of AI-powered CAM automation software for CNC machining. It offers a platform that analyzes CAD files to determine tooling and machining capabilities, estimate job costs, and create machining strategies and CAM programs. The platform recommends tools, provides design-for-manufacturing feedback, and optimizes setups and operations. It generates machining plans, estimates time and costs, and automates toolpaths, integrating with Autodesk Fusion for review, editing, and posting.
Toolpath offers CAM Automation Software and DFM Analysis Service.
Toolpath has 4 investors. Key investors include Leaders Fund, Tech Square Ventures, BLH Venture Partners, and Carl Bass.
Toolpath operates through Toolpath Labs, Inc.