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Toolpath

Toolpath

Private
Bedford Heights, OhioFrontier & Industrial Techhttps://toolpath.com

Last Round

Strategic

May 22, 2025

Total Funding Raised

$20M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Toolpath is a software company that provides an AI-powered platform to automate and optimize the CNC machining process, from cost estimation to generating toolpaths.

Sector

Frontier & Industrial Tech

Verticals

Smart Manufacturing, Vertical SaaS, Workflow Automation, ML Platforms

Business Model

B2B

Customer Profile

Subscription SaaS, Freemium, Services & Consulting

AI Layer

Application

Keywords

CAM automationCNC quoting softwareAI CAMautomated toolpathsDFM analysisautomated quotingdesign for manufacturing3-axis CNC millingAutodesk Fusion integrationjob shop softwaremanufacturing SaaS3D CAD analysisCAM software

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Toolpath Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Toolpath Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
StrategicMay 22, 2025
SeedSep 9, 2024

Key People

Founding team and executive leadership

Andy Powell

CEO & Co-founder

Founding Team

Justin Gray

Chief Technology Officer

Executive Team

Toolpath Investors

Notable investors and investment history

InvestorRounds
BLH Venture PartnersSeed
Leaders FundStrategic, Seed
Tech Square VenturesSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 17, 2026

    CEO hosted 300+ shop owners at the 2026 Machining Summit.

  • Mar 12, 2026

    Toolpath Add-in for Autodesk Fusion updated for faster part movement.

Toolpath Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Toolpath Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Toolpath's valuation, stock price, and market status.

Firmographic Details

HeadquartersBedford Heights, Ohio
Employee Range19
Year Founded2021
Last FundingMay 22, 2025

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.