CoLab Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Private

  • Employees
  • 250

Employees

  • Latest Deal Type
  • Series C

  • Latest Deal Amount
  • $72M

  • Investors
  • 23

CoLab General Information

Description

Developer of a cloud-based design review and issue-tracking platform designed to assist the workflow of manufacturing teams. The company's platform offers real-time collaboration tools for mechanical and product design teams to significantly reduce the time wasted on poor communication during the design lifecycle, enabling companies to focus on shortening development cycles and reducing contract manufacturing errors.

Contact Information

Website
www.colabsoftware.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 251 East White Hills Road
  • Saint John's, Newfoundland and Labrador A1A 5N8
  • Canada
+1 (709)
Primary Industry
Business/Productivity Software
Other Industries
Multimedia and Design Software
Vertical(s)
SaaS, Artificial Intelligence & Machine Learning
Corporate Office
  • 251 East White Hills Road
  • Saint John's, Newfoundland and Labrador A1A 5N8
  • Canada
+1 (709)

CoLab Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

CoLab Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
12. Later Stage VC (Series C) 10-Nov-2025 $72M Completed Generating Revenue
11. Later Stage VC 19-Mar-2025 Completed Generating Revenue
10. Later Stage VC (Series B) 09-May-2024 Completed Generating Revenue
9. Accelerator/Incubator 24-Oct-2022 Completed Generating Revenue
8. Early Stage VC (Series A) 13-Oct-2021 Completed Generating Revenue
7. Accelerator/Incubator 29-Jul-2020 Completed Generating Revenue
6. Early Stage VC 18-Aug-2019 Completed Generating Revenue
5. Accelerator/Incubator 07-May-2019 Completed Generating Revenue
4. Seed Round 19-Jun-2018 $462K $462K Completed Generating Revenue
3. Accelerator/Incubator 01-Jan-2018 Completed Startup
To view CoLab’s complete valuation and funding history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Request a free trial

CoLab Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a cloud-based design review and issue-tracking platform designed to assist the workflow of manufacturing te
Business/Productivity Software
Saint John's, Canada
250 As of 2026

Gent, Belgium
 

Paris, France
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

CoLab Competitors (5)

One of CoLab’s 5 competitors is Bricsys, a Formerly VC-backed company based in Gent, Belgium.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Bricsys Formerly VC-backed Gent, Belgium
Graitec Private Equity-Backed Paris, France
Onshape Formerly VC-backed Boston, MA
Cad Microsolutions Private Equity-Backed Etobicoke, Canada
Graebert Corporation Berlin, Germany
You’re viewing 5 of 5 competitors. Get the full list »

CoLab Patents

  • 10

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 7

    Pending

  • Expiring in next 12 mo

CoLab Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-4829840-A1 Systems and methods for providing a recommendation for a product design within a collaborative system Pending 22-Dec-2023
US-20250209422-A1 Systems and methods for providing a recommendation for a product design within a collaborative system Pending 22-Dec-2023
WO-2025129328-A1 Systems and methods for providing a recommendation for a product design within a collaborative system Inactive 22-Dec-2023
EP-4802399-A1 Systems and methods for providing collaborative visualization of design data Pending 30-Oct-2023
US-20260111619-A1 Systems and methods for providing collaborative visualization of design data Pending 30-Oct-2023 G06F30/15
To view CoLab’s complete patent history, request access »

CoLab Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

CoLab Investors (23)

Investor Name Investor Type Holding Investor Since Participating Rounds
Intrepid Growth Partners Growth/Expansion Minority
Scale Venture Partners Venture Capital Minority
ExxonMobil Canada Corporation Minority
Hibernia Management and Development Company Corporation Minority
CapitalX Venture Capital Minority
You’re viewing 5 of 23 investors. Get the full list »

Ready to get started?

Request a free trial

CoLab FAQs

  • When was CoLab founded?

    CoLab was founded in 2017.

  • Where is CoLab headquartered?

    CoLab is headquartered in Saint John's, Canada.

  • What is the size of CoLab?

    CoLab has 250 total employees.

  • What industry is CoLab in?

    CoLab’s primary industry is Business/Productivity Software.

  • Is CoLab a private or public company?

    CoLab is a Private company.

  • What is CoLab’s current revenue?

    The current revenue for CoLab is .

  • How much funding has CoLab raised over time?

    CoLab has raised $117M.

  • Who are CoLab’s investors?

    Intrepid Growth Partners, Scale Venture Partners, ExxonMobil Canada, Hibernia Management and Development Company, and CapitalX are 5 of 23 investors who have invested in CoLab.

  • Who are CoLab’s competitors?

    Bricsys, Graitec, Onshape, Cad Microsolutions, and Graebert are competitors of CoLab.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process