# Cadforce

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cadforce

- Industry: Software
- Headquarters: Culver City, US
- Website: www.cadforce.com
- Total disclosed funding: $4.7M
- Latest round: Series B (Oct 12, 2006)
- Investors on record: 3

## About

Cadforce Inc. provides advanced computer-aided design (CAD) solutions tailored for industries such as architecture, engineering, and manufacturing, enhancing design efficiency and accuracy across multiple sectors.Founded in 2001 and headquartered in Culver City, US, Cadforce Inc. specializes in CAD solutions. In October 2008, the company was acquired by NeilSoft Limited, a portfolio company of Trident Capital. The company has executed a total of 4 deals, with its most recent funding round being Series C, raising USD 2.00 mn, bringing the total amount raised to USD 2.00 mn.CADFORCE specializes in advanced computer-aided design (CAD) solutions tailored for industries such as architecture, engineering, and manufacturing. The company offers a suite of software products designed to enhance design efficiency, streamline collaboration, and improve the accuracy of drafting and modeling processes. These products enable professionals to create detailed plans and 3D models that address specific challenges in project execution, such as optimizing material usage and ensuring compliance with industry standards. CADFORCE serves a diverse client base, including small to medium-sized enterprises (SMEs) and large corporations, primarily located in North America, Europe, and Asia-Pacific regions. Their product offerings are particularly beneficial for architects, structural engineers, and product designers who require robust tools to meet project deadlines and deliver high-quality results.CADFORCE generates revenue through a combination of software licensing, subscription services, and professional consulting engagements. Clients typically enter into licensing agreements that provide them with access to CADFORCE’s flagship products, along with ongoing software updates and support. The company also offers subscription-based plans that allow clients to utilize its tools on a monthly or annual basis, catering to varying project needs and budgets. Professional services, such as training and system integration, further enhance the customer experience and contribute to overall revenue. Transactions often occur directly with end-users in a B2B framework, allowing for tailored solutions that meet the specific demands of clients in various sectors.Following the acquisition by NeilSoft Limited in October 2008, Cadforce Inc. is expected to leverage its new parent company's resources for product development and market expansion. The company is focused on designing new CAD solutions to address emerging needs in the architecture and engineering sectors. Plans are in place to penetrate new geographic markets in Europe and Asia-Pacific by 2025, utilizing recent funding to support these initiatives and enhance its product offerings.

## Funding rounds

- Series B, Oct 12, 2006, $3M — BVM Capital, Rincon Venture Partners, Tech Coast Angels
- Series A, Feb 15, 2006, $1.7M — Rincon Venture Partners, Tech Coast Angels

## Investors

- Rincon Venture Partners (https://capitalatlas.ai/funds/rincon-venture-partners) — Series A, Series B
- Tech Coast Angels — Series A, Series B
- BVM Capital (https://capitalatlas.ai/funds/bvm-capital) — Series B