When was PTC founded?

PTC was founded in 1985 and raised its 1st funding round 2 years after it was founded.

Where is PTC located?

PTC is headquartered in Boston, United States. It is registered at Needham, Massachusetts.

Who is the current CEO of PTC?

Jesse Coors-Blankenship and Jonathan Yaron s of PTC. Jesse Coors-Blankenship has also founded 1 company.

How many employees does PTC have?

As of May 31, 2026, the latest employee count at PTC is 8145.

Is PTC a funded company?

PTC is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Jan 01, 1987.

When was the latest funding round of PTC?

PTC's latest funding was a $***** PE round on Jan 01, 1987, with participation from 1 investor.

What is the annual revenue of PTC?

Annual revenue of PTC is more than $1B as on Sep 30, 2025

Where does PTC rank among its competitors?

PTC ranks 3rd amongst 555 active competitors, of which 68 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was MaintainX, which secured $150M in Mar, 2025.

Who are the top competitors of PTC?

PTC's top competitors include Particle, Software AG and Silicon Labs. Among them, MaintainX secured the most recent funding round in March, 2025.

PTC - 2026 Company Profile, Team, Funding, Competitors & Financials

PTC is a public company based in Boston (United States), founded in 1985 by Jesse Coors-Blankenship, Jonathan Yaron and Sam Geisberg. It operates as a Provider of software for product lifecycle management, CAD, IoT, and service. PTC has raised an undisclosed amount in funding from Bessemer Venture Partners. The company has 555 active competitors, including 68 funded and 55 that have exited. Its top competitors include companies like Particle, Software AG and Silicon Labs.

Company Details

Provider of software for product lifecycle management, CAD, IoT, and service. The company offers a portfolio of applications that manage product data and processes across engineering, manufacturing, and service, supporting configuration management, change control, and collaboration throughout the product lifecycle. Its solutions include computer-aided design tools for 3D product development, PLM platforms for digital thread and governance, application lifecycle management for software-intensive products, and industrial IoT and augmented reality technologies to connect and monitor physical assets. Additional offerings cover service lifecycle management and field service management, enabling organizations to optimize maintenance, asset uptime, and service operations using connected product data and analytics.

Website: www.ptc.com/en
Social
Registered Address: Needham, Massachusetts

Key Metrics

Founded Year

1985

Location

Boston, United States

Stage

Public

Latest Funding Round

PE, Jan 01, 1987, $*****

Investors

Bessemer Venture Partners & 4 more

Ranked

3^rd among 555 active competitors

Annual Revenue

$1B+ as on Sep 30, 2025

Employee Count

8,145 as on May 31, 2026

Investment & Acquisitions

IncQuery & 31 more

Similar Companies

Samsara & 1908 more

Exit Details

Public

View PTC's full profile

PTC is associated with 6 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PTC SOFTWARE (INDIA) PRIVATE LIMITED CIN: U30007MH1993PTC074267 , India, Active	Sep 30, 1993	₹1,000+ Cr (As on Mar 31, 2025)	1675 (As on Feb 29, 2024)
PTC TRADING ApS CIN: 20546298 , Denmark, Active	Sep 30, 1997	-	-
PARAMETRIC TECHNOLOGY (INDIA) PRIVATE LIMITED CIN: U72200KA1994PTC068981 , India, Active	Aug 08, 1994	₹1,000+ Cr (As on Mar 31, 2025)	353 (As on Sep 30, 2024)
PTC ApS CIN: 18609630 , Denmark, Active	Apr 02, 1995	-	-
Ptc Inc. CIN: 001t000000Wme3XAAR , United States, Active	Mar 03, 1995	$1B+ (As on Sep 30, 2025)	-	-
PTC INC. CIN: 42866152 , Belgium, Active	Dec 31, 1984	€1B+ (As on Sep 30, 2025)	2357 (As on Dec 31, 2022)	-

PTC got listed on Dec 12, 1998.

Click here to take a look at PTC's IPO in detail

PTC has raised funding over 1 round. Its latest funding round was a PE round on Jan 01, 1987 for $*****. 1 investor participated in its latest round. PTC has 5 institutional investors.

Here is the list of recent funding rounds of PTC:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 01, 1987	2321814	PE	5503085	9531255	3376812	5298512

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View details of PTC's funding rounds and investors

The founders of PTC are Jesse Coors-Blankenship, Jonathan Yaron and Sam Geisberg.

Here are the details of PTC's key team members:

Jesse Coors-Blankenship: Founder & CEO of PTC and founder of 1 other company. They serve on the board of 1 company.
Jonathan Yaron: Chairman & CEO and Founder of PTC.
Sam Geisberg: Co-Founder of PTC.

View details of PTC's Founder profiles and Board Members

PTC's employee count trend

PTC has 8,145 employees as of May 26. Here is PTC's employee count trend over the years:

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Top competitors of PTC include Particle, Software AG and Silicon Labs. Here is the list of Top 10 competitors of PTC, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Particle 2011, San Francisco (United States), Acquired	Developer of a prototype to production connectivity platform for IoT	$135M	Root Ventures, Spark Capital & 20 others	78/100
2nd	Software AG 1969, Darmstadt (Germany), Acquired	Provider of digital transformation solutions, services, and enterprise application products	-	Silver Lake, EIP & 3 others	77/100
3rd	PTC 1985, Boston (United States), Public	Provider of software for product lifecycle management, CAD, IoT, and service	-	CRV, Oak Investment Partners & 3 others	77/100
4th	Silicon Labs 1996, Austin (United States), Acquired	Developer of wireless and non-wireless technologies, software, tools, and services	-	Silverton Partners, Norwest & 6 others	76/100
5th	Ayla Networks 2010, Milpitas (United States), Series D	Provider of an IoT platform for smart home and device solutions	$144M	Cisco Investments, Crosslink Capital & 20 others	73/100
6th	MaintainX 2018, San Francisco (United States), Acquired	Provider of a platform for maintenance and operations management solutions	$254M	Bessemer Venture Partners, Bain Capital Ventures ... & 30 others	71/100
7th	Winjit 2004, Nashik (India), Seed	Provider of artificial intelligence, machine learning, and digital transformation solutions	$2.92M	RIB Software, H.R.K.Enterprises & 25 others	67/100
8th	Aras 2000, Andover (United States), Series E	Low code platform offering software to build applications and a PLM software	$139M	Silver Lake, Goldman Sachs & 14 others	65/100
9th	Greenwave Systems 2008, Irvine (United States), Acquired	Developer of software-defined network platform enabling virtual network operator capabilities	$75.1M	EDBI, The Westly Group & 8 others	64/100
10th	One Click LCA 2001, Helsinki (Finland), Late Stage	Provider of lifecycle assessment software for construction and manufacturing industries	$43.8M	PSG, InfraVia Capital Partners	61/100

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PTC has made 4 investments in companies including Community Energy Together and ModuleWorks. PTC has also acquired 28 companies including IncQuery and Pure Systems.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Apr 10, 2025	Acquisition	IncQuery	2019	Budapest (Hungary)
Mar 20, 2024	Investments	Community Energy Together	2023	United Kingdom
Mar 01, 2024	Investments	ModuleWorks	2003	Aachen (Germany)