CADDi

The company initially operated as a tech-driven manufacturing marketplace for custom parts before shifting its focus to a SaaS model three years ago. Its core offerings are now 'CADDi Drawer', an AI-powered drawing management system, and 'CADDi Quote', a transformative quoting solution. CADDi Drawer digitizes and analyzes vast archives of 2D and 3D technical drawings, including handwritten documents from decades ago, using proprietary AI and OCR technology. This allows engineers and procurement managers to instantly search for historical drawings by keyword, shape similarity, or image, reducing search times from hours to seconds. The platform extracts features, dimensions, and text from drawings and links them to supply chain data from ERP and PLM systems, creating a centralized knowledge base.

CADDi's platform enables clients, which include major manufacturers like Hitachi, Subaru, and Kawasaki, to reduce procurement costs, consolidate suppliers, and make data-driven sourcing decisions. By identifying similar or identical parts across different projects and suppliers, the system helps avoid duplicative work and price inconsistencies. The 'CADDi Quote' tool further enhances this by automating pricing suggestions and allowing procurement teams to compare all quotes in one place. The company serves high-mix-low-volume manufacturers in sectors such as industrial machinery, automotive, and MedTech.

Since its inception, CADDi has raised a total of $202 million in funding. A Series C round in July 2023 brought in $89 million, followed by a $38 million Series C extension in March 2025, valuing the company at $470 million. These funds are being used to fuel global expansion, particularly in the U.S. and Europe, and to double its software engineering team. The company aims to reach $1 billion in software revenue by 2030.