Frustum
Develops GENERATE®, an interactive generative design software that automates topology optimization for additive manufacturing, enabling engineers to create lightweight, high-performance parts in minutes.
- CEO / Founder
- Jesse Coors-Blankenship
- Team Size
- 1-10
- Stage
- Acquired
- Total Funding
- $3.75M
- Latest Round
- Acquired - $70M - November 2018
- Key Investors
- Columbia Startup Lab; Parkway Venture Capital; Next47; PTC
Technology & Products
Key Products
GENERATE® software
Technological Advantage
Patented AI-driven generative engine (TrueSOLID) automates multi-objective optimization, protected by intellectual property; integrates with major CAD platforms like PTC Creo and Siemens NX, creating switching costs.
Differentiation
Value Proposition
Reduces design iteration time from hours/days to minutes, cuts part weight by up to 70% while meeting load requirements, and generates manufacture-ready designs without manual re-modeling, accelerating product innovation.
How They Differentiate
3x faster design iteration than traditional topology optimization tools, with interactive real-time feedback vs. batch processing; integrates directly into CAD workflows unlike standalone solutions.
Market & Competition
Target Customers
Engineers and designers in aerospace, automotive, and industrial manufacturing seeking to optimize parts for additive manufacturing.
Industry Verticals
Aerospace; Automotive; Industrial Manufacturing
Competitors
Castor; AMendate
Growth & Milestones
Growth Metrics
Revenue increased 100% in Q1 2018 driven by additive manufacturing industry growth and expanding customer base.
Major Milestones
Founded in 2013; Launched GENERATE® for Windows in 2018; Acquired by PTC for ~$70 million in 2018; Demonstrated 70% weight reduction in GE aircraft bracket
Notable Customers
Honeywell Aerospace; Stanley Black & Decker; 3D Systems (via Quickparts); GE (aircraft engine bracket challenge)