CoLab Software
PrivateLast Round
Series C
Nov 10, 2025
Est. Valuation
$500M
Total Funding Raised
$116.75M
Momentum Score
50 /100
Company Overview
CoLab Software is a Canadian technology company that develops a cloud-based Design Engagement System (DES) for mechanical engineering and hardware development teams. Founded in 2017 by mechanical engineers Adam Keating and Jeremy Andrews, the company aims to accelerate product development by improving collaboration, review processes, and issue tracking. The platform allows multiple stakeholders to review CAD files, manage feedback, and track issues automatically. CoLab is also developing an AI-powered tool, ReviewAI, to further automate and enhance design checks. The company serves major clients in industries like automotive and manufacturing, including Ford, Komatsu, and Johnson Controls. It is venture-backed, having raised significant funding from investors such as Insight Partners and Y Combinator.
Sector
Enterprise Software
Verticals
Vertical SaaS, Workflow Automation, Quality Management, Smart Manufacturing
Business Model
B2B
Customer Profile
Subscription SaaS, Government Contracts, Services & Consulting
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
CoLab Software Comps
Public and private peers based on sector, stage, and business model.
CoLab Software Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | Nov 10, 2025 | ||||
| Grant | Mar 20, 2025 | ||||
| Series B | May 16, 2024 | ||||
| Series A | Oct 19, 2021 | ||||
| Seed | Oct 3, 2019 | ||||
Accelerator | May 7, 2019 |
Key People
Founding team and executive leadership
CoLab Software Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Panache Ventures | Seed, Series B, Pre Seed |
| Killick Capital | Series C, Seed, Series B, Pre Seed |
| Y Combinator | Series C, Series B, Accelerator |
| Intrepid Growth Partners | Series C |
| FundersClub | Seed |
| Spider Capital | Series C, Series B, Seed |
| Pelorus Venture Capital | Series C, Pre Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 19, 2026
Named Tech Company of the Year for Newfoundland and Labrador.
- Apr 6, 2026
Named Nasdaq Verafin Tech Company of the Year at the techNL Industry Awards.
CoLab Software Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about CoLab Software's valuation, stock price, and market status.
