GrabCAD
Cloud-based CAD collaboration platform and additive manufacturing software suite (GrabCAD Print, GrabCAD Shop) that connects engineers and streamlines 3D printing workflows, acquired by Stratasys in 2014.
- CEO / Founder
- Hardi Meybaum
- Team Size
- 51-200
- Stage
- Subsidiary
- Total Funding
- $14M
- Latest Round
- Series B
- Key Investors
- Charles River Ventures; Atlas Venture; NextView Ventures; Matrix Partners
Technology & Products
Key Products
GrabCAD Print; GrabCAD Print Pro; GrabCAD Shop; GrabCAD Workbench; GrabCAD Community; GrabCAD SDKs
Technological Advantage
GrabCAD's core advantage lies in its massive engineering community and its seamless integration with Stratasys 3D printers. The platform's network effect is substantial—over 2 million engineers use the community, and GrabCAD Print is the default software for Stratasys systems, making it deeply embedded in customer workflows. This integration is protected by the Stratasys ecosystem, though the software itself is not heavily patented. The advantage is defensible due to the community's scale and the switching costs associated with migrating to alternative software, but it is replicable by competitors with similar community-building efforts.
Differentiation
Value Proposition
Reduces additive manufacturing workflow complexity by unifying CAD file management, print preparation, and job scheduling, cutting setup time by up to 95% for fixture production (Audi Sport case) and enabling scalable AM production.
How They Differentiate
GrabCAD differentiates through its massive community (2M+ engineers) and native integration with Stratasys hardware, offering a more streamlined workflow than Oqton or AMFG, which are hardware-agnostic but lack the same community-driven design collaboration and direct printer compatibility.
Market & Competition
Target Customers
Engineers, designers, and manufacturers using Stratasys 3D printers who need streamlined print preparation, workflow management, and collaboration tools.
Industry Verticals
Aerospace; Automotive; Medical; Industrial Manufacturing
Competitors
Oqton; AMFG; Materialise Magics
Growth & Milestones
Growth Metrics
Over 2 million community members; 13,000+ followers on LinkedIn; revenue reached $4.6M ARR in 2021 (pre-acquisition data); acquired for ~$100M in 2014.
Major Milestones
2009: Founded in Tallinn, Estonia; 2010: Launched GrabCAD community; 2012: Raised $8.15M Series B; 2014: Acquired by Stratasys for ~$100M; 2016: Launched GrabCAD Print; 2021: GrabCAD Print Pro introduced; 2023: Integration with Castor and Novineer
Notable Customers
Audi Sport; NASA (via TechPort projects); Stratasys Direct Manufacturing
Funding rounds
- Series B$8.15M2012-10Lead: Charles River Ventures · Source: TechCrunch
- Series A$4M2012-01Lead: Matrix Partners · Source: TechCrunch
- Seed$1.1M2011-06Lead: Matrix Partners · Source: TechCrunch
- Angel€256K2010-07Lead: Estonian Development Fund · Source: TechCrunch