Onshape
Latest round
- Series A
Last raised
- Jan 2019
Total raised
- $174M
Investors
- 5
About Onshape
Onshape Inc.Founded in 2012 by John McEleney and Ronav Jaiswal, Onshape Inc. operates from Cambridge, US, providing a modern solution for product design.Onshape is a cloud-native product development platform that integrates computer-aided design (CAD) with product data management (PDM) capabilities. Its core offerings include tools for modern CAD that facilitate the creation of parts, assemblies, and drawings, alongside advanced features such as version control, branching, and merging. Onshape primarily addresses the challenges of design inefficiencies and enhances collaboration across geographically dispersed teams by enabling real-time access and modifications on any device without the need for local installations. Key end-users include professionals in engineering, manufacturing, and educational institutions, who benefit from streamlined workflows and improved data management.Onshape generates revenue through a subscription-based model, offering various pricing tiers tailored to different user needs, including individual professionals and larger enterprises. Customers typically engage with Onshape through direct subscriptions or educational licenses, where institutions gain access to the platform for faculty and student use. The pricing structure includes options for Onshape Professional and Onshape Enterprise plans, catering specifically to the advanced needs of teams requiring enhanced tools for product design and collaboration. Revenue is derived from these subscription transactions, where clients pay recurring fees for access to Onshape's extensive suite of CAD and PDM features.00 mn, expected to close in November 2019. The company is focusing on enhancing its product offerings and expanding into new markets, particularly in Europe and Asia, by 2021.
Who invested in Onshape
5 investors across 6 rounds
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Questions about Onshape
Who invested in Onshape?
Onshape has 5 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Onshape raised?
Onshape has raised 6 venture rounds. Sign up free to see how much each round raised and the total.
When did Onshape last raise money?
Onshape's most recent round on record is a Series A, in Jan 2019.
What does Onshape do?
Onshape is a software company.
Where is Onshape headquartered?
Onshape is headquartered in Cambridge, US.
Which VCs invest in companies like Onshape?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Onshape's stage. Their profiles are linked below.
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