Mastercam
Develops CAD/CAM software with additive manufacturing modules like APlus for hybrid manufacturing, enabling toolpath generation for 3D printing and CNC machining to reduce production time and costs.
- CEO / Founder
- Meghan West
- Team Size
- 201-500
- Stage
- Active
- Total Funding
- $2M
- Latest Round
- Acquired
- Key Investors
- Sandvik
Technology & Products
Key Products
Mastercam offers industry-leading CAD/CAM solutions for CNC programming, including Mastercam Design for complex part creation, and specialized solutions for various manufacturing industries like aerospace, automotive, and education.
Technological Advantage
Verified advantage: Largest installed base in CAM industry (over 300,000 licenses) provides network effects and switching costs; proprietary APlus toolpaths for DED and material extrusion are defensible through software IP and integration patents.
Differentiation
Value Proposition
Reduces programming time by up to 50% with AI-enabled CAM intelligence, cuts lead times for complex parts from weeks to days, and lowers production costs through efficient hybrid manufacturing workflows.
How They Differentiate
3x larger user base than many competitors (300,000+ vs. ~100,000 for Siemens NX CAM), 50% faster programming with AI tools vs. traditional CAM, and exclusive APlus add-on for hybrid AM not matched by general CAD/CAM suites.
Market & Competition
Target Customers
Manufacturers, job shops, aerospace, automotive, medical device companies, and educational institutions using CNC machining and additive manufacturing.
Industry Verticals
Aerospace; Automotive; Medical; Moldmaking; Education; Energy; General Manufacturing
Competitors
Autodesk Fusion, Siemens NX CAM, SolidCAM
Growth & Milestones
Growth Metrics
Revenue estimated at $75M annually; over 300,000 software installations globally; serves 9,946+ companies, primarily with 10-50 employees and $10M-50M revenue.
Major Milestones
Founded in 1983; Released Mastercam APlus for additive manufacturing in 2023; Acquired by Sandvik in 2021; Launched Mastercam 2026 with AI-enabled CAM in 2025; Over 300,000 installations by end of 2022
Notable Customers
Dimensional Innovations; 3D-Machine, Inc.; Hi-Tech Machining Company