# Tinkercad

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

- Industry: Software
- Headquarters: Helsinki, Finland
- Website: www.tinkercad.com
- Total disclosed funding: $1M
- Latest round: Seed (Nov 8, 2011)
- Investors on record: 1

## About

Tinkercad is a user-friendly platform that provides free web applications for 3D modeling, electronics design, and coding, enabling users to create and share innovative projects.Founded in 2010 in Helsinki, Finland, Tinkercad is a web-based application that empowers users to design 3D models and electronics. It was acquired by Autodesk in May 2013 for an undisclosed amount. The company has conducted 2 funding deals, with its most recent being a Seed round led by True Ventures, raising a total of USD 1.00 mn.Tinkercad primarily offers a free web application designed for 3D design, electronics, and coding. The platform allows users to create, modify, and iterate on designs, fostering a hands-on learning environment. Its functionalities include 3D modeling, circuit creation, and code-based programming, catering to a diverse global user base that includes educators, students, hobbyists, and professionals. Tinkercad emphasizes privacy and security, making it suitable for educational institutions.In the most recent year, Tinkercad reported a revenue of USD 0.00 and an EBITDA of USD -6,355.50. The business operates on a free access model, potentially generating revenue through partnerships and collaborations with educational institutions.Tinkercad plans to utilize recent funding to enhance its platform and expand into new markets, including regions in Europe and Asia, by 2024. The company aims to improve its offerings with upcoming product releases that will focus on educational tools and features, aiming to better serve its user base. The acquisition by Autodesk is also expected to play a role in strategic growth and resource allocation.

## Funding rounds

- Seed, Nov 8, 2011, $1M — True Ventures

## Investors

- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Seed