# CoLab Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/colab-software

- Industry: Software
- Headquarters: St. John's, Canada
- Website: www.colabsoftware.com
- Total disclosed funding: $86M
- Latest round: Series C (Nov 10, 2025)
- Investors on record: 13

## About

Founded in 2017, and based in St. John's, Canada, CoLab Software Inc. operates as a developer and provider of collaborative review and issue-tracking software solutions for engineers, designers, and stakeholders. Based in Canada, CoLab Software Inc. offers software-as-a-service to automate the engineering design process. Founded in 2017 by Adam Keating and Jeremy Andrews, and based in Canada, CoLab Software Inc. operates as a developer and provider of collaborative review and issue-tracking software solutions for engineers, designers, and stakeholders. In November 2025, CoLab Software Inc. raised USD 72 million in series C and secondary stock purchase funding led by Intrepid Growth Partners, Insight Partners, Y Combinator, Pelorus Venture Capital, Killick Capital and Spider Capital. CoLab Software Inc. provides a cloud-based platform designed to streamline the design review process for engineering teams. The platform allows users to collaboratively review CAD data, capture feedback, and automate issue tracking. CoLab integrates with major PLM systems like Windchill, Teamcenter, and 3DXPERIENCE, enabling the sharing and review of CAD files. CoLab Software generates revenue through its AI-powered EngineeringOS platform, offering design review, collaboration tools, and virtual engineering workflows for global hardware and manufacturing teams. The company will use the November 2025 funding to develop artificial intelligence agents, create integrations with engineering and artificial intelligence tools, grow partnerships, and scale sales teams.

## Funding rounds

- Series C, Nov 10, 2025, $48M — Insight Partners, Y Combinator, Killick Capital, Spider Capital, Pelorus Venture Capital, Intrepid Growth Partners
- Series B, Apr 30, 2024, $21M — Insight Partners, Y Combinator, Killick Capital, Pelorus Venture Capital
- Series A, Oct 6, 2021, $17M — Insight Partners, Tesla, GrabCAD, Killick Capital, Onshape Inc., Xometry, Inc., Bosch (China) Investment, Atlassian Ventures
- Seed, Jun 25, 2018, $0.5M — Killick Capital, Pelorus Venture Capital, Panache Ventures

## Investors

- Killick Capital (https://capitalatlas.ai/funds/killick-capital) — Seed, Series A, Series B, Series C
- Pelorus Venture Capital (https://capitalatlas.ai/funds/pelorus-venture-capital) — Seed, Series B, Series C
- Panache Ventures (https://capitalatlas.ai/funds/panache-ventures) — Seed
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series A, Series B, Series C
- Tesla — Series A
- GrabCAD — Series A
- Onshape Inc. — Series A
- Xometry, Inc. — Series A
- Bosch (China) Investment — Series A
- Atlassian Ventures (https://capitalatlas.ai/funds/atlassian-ventures) — Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series B, Series C
- Spider Capital (https://capitalatlas.ai/funds/spider-capital) — Series C
- Intrepid Growth Partners (https://capitalatlas.ai/funds/intrepid-growth-partners) — Series C