When was Onshape founded?

Onshape was founded in 2012 and raised its 1st funding round within a year of its incorporation.

Where is Onshape located?

Onshape is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts.

How many employees does Onshape have?

As of Aug 31, 2026, the latest employee count at Onshape is 254.

Is Onshape a funded company?

Onshape is a funded company, having raised a total of $349M across 7 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Dec 06, 2012.

How much is Onshape worth?

The last known valuation of Onshape was $***** as of Mar 06, 2015.

When was the latest funding round of Onshape?

Onshape's latest funding was a $***** Series D round on Jun 03, 2019, with participation from 0 investor.

Where does Onshape rank among its competitors?

Onshape ranks 1st amongst 253 active competitors, of which 18 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Leo AI, which secured $9.7M in Sep, 2025.

Who are the top competitors of Onshape?

Onshape's top competitors include Leo AI, Tech Soft and Coreldraw. Among them, Leo AI secured the most recent funding round in September, 2025.

Onshape - 2026 Company Profile, Funding & Competitors

Q: Is Onshape an acquired company?

Onshape got acquired by PTC on Oct 23, 2019.

Company Details

Cloud-native CAD & PDM platform accelerating product development and team collaboration. This platform delivers agile design processes with professional-grade CAD capabilities and next-generation product data management. It fosters real-time collaboration, enabling teams to work simultaneously on designs from any device. The solution eliminates traditional file-based CAD limitations, offering features like branching and merging, release management, and built-in PDM. It provides modern CAD tools, simulation, rendering, and customization options. Ideal for professionals, enterprises, students, and hobbyists, it supports various industries with cloud security, access control, and analytics. The platform offers courses, training, and resources to help users become experts in CAD and data management. It is a SaaS solution that offers subscription plans and supports integrations.

Website: www.onshape.com/en/
Social
Registered Address: Cambridge, Massachusetts

Key Metrics

Founded Year

2012

Location

Cambridge, United States

Stage

Acquired

Total Funding

$349M in 7 rounds

Latest Funding Round

Series D, Jun 03, 2019, $*****

Last Known Valuation

$***** as on Mar 06, 2015

Investors

New Enterprise Associates & 6 more

Ranked

1^st among 253 active competitors

Employee Count

254 as on Aug 31, 2026

Investment & Acquisitions

CloudMilling & 1 more

Similar Companies

Coreldraw & 101 more

Exit Details

Acquired by PTC (Oct 23, 2019)

View Onshape's full profile

Onshape is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ONSHAPE, INC. CIN: 461323089 , United States, Active	Dec 31, 1999	-	98 (As on Dec 31, 2019)	-

Onshape got acquired by PTC on Oct 23, 2019 at an acquisition amount of $*****.

Click here to take a look at Onshape's acquisition in detail

Onshape has raised a total funding of $349M over 7 rounds. Its first funding round was on Dec 06, 2012. Onshape has 7 institutional investors.

Here is the list of recent funding rounds of Onshape:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 03, 2019	8500108	Series D	6903685	2305852	3284872	2376181
Apr 30, 2017	7153151	Series D	8305881	7342013	3863314	4643052
Sep 15, 2015	8611388	Series D	8373218	6810338	Andreessen Horowitz	New Enterprise Associates & 2 more

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View details of Onshape's funding rounds and investors

Onshape's employee count trend

Onshape has 254 employees as of Aug 26. Here is Onshape's employee count trend over the years:

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Top competitors of Onshape include Leo AI, Tech Soft and Coreldraw. Here is the list of Top 10 competitors of Onshape, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Onshape 2012, Cambridge (United States), Acquired	Cloud-native CAD & PDM platform accelerating product development and team collaboration	$349M	Guidepost Growth Equity, Baukunst & 5 others	65/100
2nd	Leo AI 2023, Cambridge (United States), Seed	AI platform specifically for mechanical engineers and engineering firms	$9.7M	Flint Capital, Andreessen Horowitz & 4 others	55/100
3rd	Tech Soft 1996, Berkeley (United States), Late Stage	Empowering engineering innovation with 3D software development toolkits and enterprise solutions	-	Battery Ventures	55/100
4th	Coreldraw 1997, Canada, Unfunded	Provider of professional graphic design software	-	-	53/100
5th	Advanced Design Technology 1999, London (United Kingdom), Funding Raised	Turbomachinery design software	-	Kiwoom Investment, Europa & 2 others	50/100
6th	AMCAD 2004, Limoges (France), Acquired	Modeling and design solutions for microwave components, circuits and RF sub-systems	-	EIC Fund, Riverside Partners & 1 others	49/100
7th	Transoft Solutions 1991, Richmond (Canada), Acquired	CAD-based software for engineers, architects, and drafters	-	Sustainable Development Technology Canada	48/100
8th	SolidWorks 1993, Waltham (United States), Acquired	SOLIDWORKS: 3D CAD, design, and product development software solutions	-	Baukunst, North Bridge Venture Partners & 1 others	45/100
9th	GstarCAD 1992, Chaoyang (China), Unfunded	CAD application software for engineering construction and manufacturing	-	-	45/100
10th	Zoo 2021, Inglewood (United States), Seed	Developer of CAD software with conversational agent for hardware design	$5M	Venrex, Liquid 2 Ventures & 11 others	44/100