When was DriveWorks founded?

DriveWorks was founded in 2001 and raised its 1st funding round 20 years after it was founded.

Where is DriveWorks located?

DriveWorks is headquartered in Warrington, United Kingdom.

Which legal entities is DriveWorks associated with?

DriveWorks is associated with DRIVEWORKS GROUP LIMITED and 1 other.

How many employees does DriveWorks have?

As of Mar 31, 2026, the latest employee count at DriveWorks is 62.

Is DriveWorks a funded company?

DriveWorks is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Mar 08, 2021.

How much is DriveWorks worth?

The last known valuation of DriveWorks was £***** as of Feb 26, 2021.

When was the latest funding round of DriveWorks?

DriveWorks' latest funding was a $***** Series A round on Mar 08, 2021, with participation from 1 investor. Its primary sector is Manufacturing Tech. In United Kingdom, the Manufacturing Tech sector has seen $34M in funding in 2026 to date.

Where does DriveWorks rank among its competitors?

DriveWorks ranks 24th amongst 197 active competitors, of which 18 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Leo AI, which secured $9.7M in Sep, 2025.

Who are the top competitors of DriveWorks?

DriveWorks' top competitors include Onshape, Zoo and Tech Soft. Among them, Leo AI secured the most recent funding round in September, 2025.

DriveWorks - 2026 Company Profile, Team, Funding, Competitors & Financials

DriveWorks is an acquired company based in Warrington (United Kingdom), founded in 2001 by Glen Smith and Maria Sarkar. It operates as a Cloud-based product design and development software for the manufacturing industry. DriveWorks has raised $5.53M in funding from BGF, with last known valuation of £*****. The company has 197 active competitors, including 18 funded and 21 that have exited. Its top competitors include companies like Onshape, Zoo and Tech Soft.

Company Details

Cloud-based product design and development software for the manufacturing industry. It provides products such as 'Driveworkxpress' is for entry-level design automation, 'Driveworksolo' is to create and configure custom products, 'Driveworkpro' is to connect sales and manufacturing to deliver custom products.

Website: www.driveworks.co.uk/
Social
Email ID: *****@driveworks.co.uk
Phone Number: +44 **********

Key Metrics

Founded Year

2001

Location

Warrington, United Kingdom

Stage

Acquired

Total Funding

$5.53M in 1 round

Latest Funding Round

Series A, Mar 08, 2021, $*****

Last Known Valuation

£***** as on Feb 26, 2021

Investors

BGF & 1 more

Ranked

24^th among 197 active competitors

Employee Count

62 as on Mar 31, 2026

Similar Companies

Onshape & 86 more

Exit Details

Acquired by Bechtle (Oct 17, 2024)

View DriveWorks' full profile

DriveWorks is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
DRIVEWORKS LIMITED CIN: 4716162 , Germany, Active	Mar 27, 2003	-	50 (As on Jun 30, 2022)
DRIVEWORKS GROUP LIMITED CIN: 13218723 , United Kingdom, Active		-	50 (As on Jun 30, 2021)

DriveWorks got acquired by Bechtle on Oct 17, 2024.

Click here to take a look at DriveWorks's acquisition in detail

DriveWorks has raised a total funding of $5.53M over 1 round. Its latest funding round was a Series A round on Mar 08, 2021 for $*****. 1 investor participated in its latest round. DriveWorks has 1 institutional investor and 1 angel investor.

Here is the list of recent funding rounds of DriveWorks:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 08, 2021	5819733	Series A	7027530	4752944	3658198	5916475

Access funding benchmarks and valuations. Sign up today!

View details of DriveWorks's funding rounds and investors

The founders of DriveWorks are Glen Smith and Maria Sarkar.

Here are the details of DriveWorks' key team members:

Glen Smith: Co-Founder of DriveWorks.
Maria Sarkar: Co-Founder & Vice President of DriveWorks.

View details of DriveWorks's Founder profiles and Board Members

DriveWorks' employee count trend

DriveWorks has 62 employees as of Mar 26. Here is DriveWorks's employee count trend over the years:

Uncover DriveWorks' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of DriveWorks include Onshape, Zoo and Tech Soft. Here is the list of Top 10 competitors of DriveWorks, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Onshape 2012, Cambridge (United States), Acquired	Cloud-native CAD & PDM platform accelerating product development and team collaboration	$349M	New Enterprise Associates, Commonwealth Capital Ventures ... & 5 others	78/100
2nd	Zoo 2021, Inglewood (United States), Seed	Developer of CAD software with conversational agent for hardware design	$5M	Venrex, Liquid 2 Ventures & 11 others	57/100
3rd	Tech Soft 1996, Berkeley (United States), Late Stage	Empowering engineering innovation with 3D software development toolkits and enterprise solutions	-	Battery Ventures	55/100
4th	AMCAD 2004, Limoges (France), Acquired	Modeling and design solutions for microwave components, circuits and RF sub-systems	-	EIC Fund, Europa	53/100
5th	Coreldraw 1997, Canada, Unfunded	Provider of professional graphic design software	-	-	52/100
6th	Advanced Design Technology 1999, London (United Kingdom), Funding Raised	Turbomachinery design software	-	Kiwoom Investment, University College London ... & 2 others	51/100
7th	Leo AI 2023, Cambridge (United States), Seed	AI platform specifically for mechanical engineers and engineering firms	$9.7M	Flint Capital, Andreessen Horowitz & 4 others	49/100
8th	Transoft Solutions 1991, Richmond (Canada), Acquired	CAD-based software for engineers, architects, and drafters	-	Sustainable Development Technology Canada	48/100
9th	Verisurf 1993, Anaheim (United States), Acquired	Dimensional metrology software	-	-	47/100
10th	3DPLM Software Solutions 2002, Pune (India), Acquired	Provider of software development and engineering services for multiple industry	-	-	46/100
24th	DriveWorks 2001, Warrington (United Kingdom), Acquired	Cloud-based product design and development software for the manufacturing industry	$5.53M	BGF & 1 others	36/100