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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
client focusb2bbusiness modelSaaSsectorBluetech RelatedsectorYC S19industryEnterprise SoftwareindustryEngineering and Manufacturing Equipment

Valuation & funding

CoLab Software funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
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
Showing 7 recorded eventsUnlock the complete deal history →

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.

Latest monthly visits89K 3-month web change+8.5% 1-year team growth+30.9%
Monthly website visits97 observations · Jun 2018–Jul 2026
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Comparisons

CoLab Software compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

CoLab Software's talent

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Team profiled 14 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

8 investors on CoLab Software's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 5 investors entered at this stage
Panache Ventures
Pelorus Venture Capital
Killick Capital
Y Combinator
Canada's Ocean Supercluster
Series A 1 investor entered at this stage
Series B+ 2 investors entered at this stage
Intrepid Growth Partners
Spider Capital

Global footprint

Where CoLab Software has talent and traffic

Workforce by country
7 countries with
team presence
🇨🇦 Canada78.6%
🇺🇸 United States17.6%
🇬🇧 United Kingdom1.6%
🇮🇳 India0.6%
🇩🇪 Germany0.6%
Top 5 of 7 shown

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.

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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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