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Parametric Technology (PTC)
Digital Transformation Solutions to Unlock the Value of IIoT | PTC
About Parametric Technology (PTC)
PTC, formerly known as Parametric Technology Corporation, is a computer software and services company headquartered in Boston, Massachusetts. The company specializes in developing, marketing, and supporting product lifecycle management (PLM) software solutions and related services. These offerings are designed for discrete manufacturing companies, assisting them in meeting the demands of globalization, shortening their time-to-market, and improving overall productivity.
PTC's customer base includes market leaders and disruptive companies across various major manufacturing verticals. The company's business model is centered on providing software and services that manage the entire lifecycle of a product from inception, through engineering design and manufacture, to service and disposal. This is primarily a B2B model, with revenue generated through software licensing, subscriptions, and support services.
Source: Dealroom company dataAt a glance
- Status
- Listed
- Founded
- 1985
- Headquarters
- Boston, United States
- Listing
- IPO 1989
- Employees
- 6,851
- Open positions
- None listed
- Dealroom signal
- 62.4/100
- Industry
- Enterprise Software
- Sector
- Other B2B Software, Product Development, Horizon Europe
- Technology
- Hardware, 3D Technology, Deep Tech
- Business model
- Manufacturing, SaaS
- Client focus
- b2b
- Investment activity
- 11 companies, latest Apr 2025
- Capital deployed
- $45M
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Oct 2026 | $23B | $23B | Schneider Electric | ↗ |
| SECONDARY✓Other financing | Aug 2023 | $0 | — | Undisclosed | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Parametric Technology (PTC) is 1.7M monthly website visits. Parametric Technology (PTC)'s team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
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$7.9Mvaluation
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Pure-systemsMagdeburg, Germanypure-systems - The leading provider of software for product line and variant management tools | Home
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ServiceMaxPleasanton, United StatesProvides field service management solutions for technicians through cloud and mobile software
$1.4Bvaluation
Intland SoftwareStuttgart, GermanyProvider of Agile ALM solutions. Father of JavaForge. Maintainer of MercurialEclipse. Into all things agile & DVCS.
$280Mvaluation
RE'FLEKTMunich, GermanyBuilding the Augmented Workplace to provide customers with productive work and collaboration tools
$5.6Mvaluation
Mojo VisionSaratoga, United StatesFocused on developing and commercializing high-performance micro-LED display technology for consumer, enterprise, and government applications.
$375Mvaluation
TWNKLSRotterdam, NetherlandsCombining technical expertise with a value-focused approach has been creating custom augmented reality tools
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FI
Frustum Inc.Boulder, United StatesDeveloping the latest design and topology optimization tools for designers
$20Mvaluation
Waypoint LabsCambridge, United StatesWaypoint uses augmented reality to change the way front-line workers capture, distribute, and access expert knowledge on the job
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Atego SystemsCheltenham, United KingdomTechnology Platforms and Solutions to Unlock the Value of the IoT | PTC
$50Mvaluation
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
Bessemer Venture Partners
CRV
Draper Associates
Threshold Ventures
Series B and later1 investor entered at this stage
Rockwell Automation
Other known investors5 additional known investors
Schneider Electric
Atlanta Technology Angels
JMI Equity- NINorth Coast Technology Investors
Venture Creations Incubator (RIT)
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Parametric Technology (PTC) on X, ranked by likes and reposts, corporate channels excluded.
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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