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CoLab Software
Other B2B Software · St. John's, Canada · Founded 2017
CoLab Software is developing modern collaboration technologies for the mechanical design industry MoreLess
CoLab Software operates in the engineering and design sector, providing a collaborative platform tailored for hardware teams. The platform integrates seamlessly with major Product Lifecycle Management (PLM) systems and Computer-Aided Design (CAD) tools, facilitating efficient design reviews and feedback management. CoLab's core service is to automate and organize design feedback, significantly reducing non-value-added work and enhancing real problem-solving during design reviews. The platform supports over 30 file types, making it versatile for teams working with different CAD tools. CoLab serves engineering leaders and hardware teams who seek to improve their design processes and product quality through better collaboration and continuous improvement. The business model is likely subscription-based, generating revenue through licensing fees from its software platform. CoLab's market includes industries that rely heavily on precise engineering and design, such as automotive, aerospace, and manufacturing. By enabling active participation, real-time issue tracking, and contextualized feedback, CoLab helps its clients hit cost reduction targets and improve supplier collaboration.
Keywords: collaborative design, hardware teams, PLM integration, CAD tools, design feedback, engineering leaders, continuous improvement, issue tracking, cost reduction, supplier collaboration.
Company overview
CoLab Software company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2017
- Headquarters
- St. John's, Canada
- Employees
- 229
- Open positions
- 16
- Dealroom signal
- 92.6
Valuation & funding
CoLab Software funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Nov 2025 | $72M | $288M | Insight Partners · Y Combinator · Killick Capital · Pelorus Venture Capital | ↗ |
| LATE VCOther financing | Mar 2025 | $3.9M | $105M | Undisclosed | ↗ |
| SERIES BOther financing | May 2024 | $21M | $84M | Killick Capital · Pelorus Venture Capital · Y Combinator · Insight Partners | ↗ |
| GRANTOther financing | Apr 2023 | $3M | — | Canada's Ocean Supercluster | ↗ |
| SERIES AOther financing | Oct 2021 | $17M | $68M | Insight Partners | ↗ |
| SEEDOther financing | Sep 2019 | Y Combinator | — | ||
| SEEDOther financing | Jun 2018 | Panache Ventures · Pelorus Venture Capital · Killick Capital | — |
Growth signals
CoLab Software website traffic
Latest recorded traffic for CoLab Software is 89K monthly website visits, up 8.5% over the last three months. CoLab Software's team grew 30.9% over the past year.
Hiring
Open positions at CoLab Software
Current openings linked to this company in Dealroom.
Comparisons
CoLab Software compared with similar companies
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Talent graph
CoLab Software's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where CoLab Software has talent and traffic
team presence
In the news
Latest news about CoLab Software
Recent press, funding announcements, and product moves mentioning CoLab Software — open to read from the original sources.
Market sentiment
What the market is saying about CoLab Software
An AI-synthesized read of the highest-engagement posts about CoLab Software on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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