CADDi has raised $27.0M in total across 1 funding round.
CADDi's investors include Accel, Atomico, Redpoint Ventures, Sequoia Capital, Charlie Cheever, Johnny Boufarhat, Manik Gupta, Ott Kaukver, Thomas Dohmke, Tobias Lutke.
CADDi is an AI-powered data platform for the manufacturing industry, focused on digitizing 2D drawings, procurement data, and supply chain information to make insights searchable by shape, text, dimensions, and part names.[3][4] It serves manufacturers dealing with high-mix-low-volume and mid-volume production, solving inefficiencies in part procurement, redundant engineering, slow quoting, and siloed knowledge by aggregating data across departments for faster decisions, cost reductions, and optimized workflows.[1][3] Key products include CADDi Drawer for drawing analysis, similarity searches, and data extraction, and CADDi MANUFACTURING (formerly CADDi Quote) for automated quotations and global supplier matching in countries like Japan, Mexico, Vietnam, and Thailand; the company has raised 21.73 billion yen and operates in four countries with strong growth, including #1 G2 ratings for manufacturing intelligence.[2][3][4]
CADDi was founded in 2017 by CEO Yushiro Kato and launched as an automatic quotation platform using 3D CAD data to address custom part manufacturing challenges.[1] The idea stemmed from recognizing procurement reliance on 2D drawings (used by 99% of buyers), prompting a pivot to 2D analysis tools; early traction came from shifting to holistic supply chain tech, including data extraction, order platforms, and quality monitoring.[1] A pivotal moment was the June 2022 release of CADDi Drawer, a cloud service for manufacturing data utilization, enabling similarity searches across drawing libraries and fueling expansion to the U.S., Vietnam, Thailand, and beyond with over 600 serviced sites.[1][2]
CADDi stands out as a manufacturing-first tech company with deep industry expertise from hundreds of experts, unlike competitors like AutoDesk Vault or Paperless Parts that adapt general tech to manufacturing.[1]
CADDi rides the digital transformation wave in manufacturing, capitalizing on AI to unlock "dark data" in legacy 2D drawings amid labor shortages, supply chain disruptions, and reshoring trends post-COVID.[1][2][3] Timing is ideal as manufacturers face global competition and need for speed—e.g., high-mix-low-volume parts unfeasible without aggregation—while Industry 4.0 demands data-driven decisions over person-dependent processes.[1][4] Market forces like rising costs and sustainability pressures favor CADDi's supplier consolidation and efficiency tools; it influences the ecosystem by democratizing manufacturing intelligence, fostering innovation through cross-factory knowledge sharing, and enabling scalable apps on its platform.[2][3]
CADDi is positioned for explosive growth by evolving its AI platform into a full manufacturing OS, with past goals like $10B revenue by 2023 (via CADDi Drawer) signaling ambition despite delays—focus now on expanding applications like advanced quoting and logistics amid AI maturation.[1][2] Trends like generative AI for drawings, edge computing in factories, and nearshoring will accelerate adoption, potentially tripling its 600+ sites as manufacturers prioritize data capitalization. Its influence could evolve from niche procurement aid to ecosystem leader, powering global supply chains and reducing engineering costs by 20-30% based on testimonials, tying back to unleashing manufacturing's untapped potential.[3][4]
CADDi has raised $27.0M across 1 funding round. Most recently, it raised $27.0M Series C in March 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2025 | $27.0M Series C | Accel, Atomico, Redpoint Ventures, Sequoia Capital, Charlie Cheever, Johnny Boufarhat, Manik Gupta, Ott Kaukver, Thomas Dohmke, Tobias Lutke |