Onshape provides cloud-based, browser-accessible 3D CAD software that also runs on smartphones and tablets. Its product is positioned as more affordable than most CAD packages, with professional users paying $100 per month for unlimited storage and usage. The company offers a free tier for public data or limited private data and an enterprise tier priced on request that adds administrative controls and richer analytics. Onshape has about 80 employees and has operated in beta; tens of thousands of people have tried the system and thousands use it actively, though the company declined to disclose exact paid-user counts. The firm targets an estimated $9 billion CAD market and expects that market to grow as easier tools broaden CAD adoption. Onshape has raised $144 million in total capital to date. Onshape is a browser-based CAD platform that combines device-side processing with cloud infrastructure to render and edit complex designs in real time across desktops and mobile devices. Its hybrid approach synchronizes local device computation with cloud rendering so users experience near-zero lag when changing geometry. The product supports touch editing on smartphones, real-time collaboration features (including viewport-following) and GitHub-like branching and merging of models. Onshape launched a public beta and offers a Free Subscription Plan alongside a Professional Subscription Plan. The company has about 1,000 users testing the platform and has grown to more than fifty employees at its Northwest Cambridge headquarters. The team plans to add a drafts mode in the next few months and has previously raised capital to support product development.

Total raised

$144M

Funding rounds

2

Latest round

Equity

Latest activity

Sep 2015