When was Frustum founded?

Frustum was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Where is Frustum located?

Frustum is headquartered in Boulder, United States.

Is Frustum a funded company?

Frustum is a funded company, having raised a total of $3M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 23, 2016.

When was the latest funding round of Frustum?

Frustum's latest funding was a $***** Seed round on Jun 28, 2017, with participation from 0 investor. Its primary sector is 3D Printing. In United States, the 3D Printing sector has seen $245M in funding in 2026 to date.

Where does Frustum rank among its competitors?

Frustum ranks 12th amongst 61 active competitors, of which 10 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was TOffeeAM, which secured $5.75M in Nov, 2022.

Who are the top competitors of Frustum?

Frustum's top competitors include GrabCAD, Tech Soft and Vectorworks. Among them, TOffeeAM secured the most recent funding round in November, 2022.

Frustum - 2026 Company Profile, Team, Funding & Competitors

Q: Is Frustum an acquired company?

Frustum got acquired by PTC on Nov 20, 2018.

Frustum is an acquired company based in Boulder (United States), founded in 2014 by Jesse Blankenship. It operates as an AI-powered generative design software optimizing designs for efficiency and innovation. Frustum has raised $3M in funding. The company has 61 active competitors, including 10 funded and 15 that have exited. Its top competitors include companies like GrabCAD, Tech Soft and Vectorworks.

Company Details

AI-powered generative design software optimizing designs for efficiency and innovation. This is a 3D CAD capability using AI to autonomously create optimal designs from system requirements. The software empowers engineers to explore innovative, manufacturable designs, accelerating time to market and boosting productivity. It transforms traditional design processes, allowing engineers to interact with the technology to create superior designs and drive product innovation more efficiently. The software considers materials, manufacturing processes, and performance requirements to create optimized designs. It offers cloud-based extensions and topology optimization tools, seamlessly integrated into the CAD environment. It supports various manufacturing processes, including machining, casting, and forging, not just additive manufacturing. It is a software tool that uses artificial intelligence (AI) and machine learning techniques to automate the design process.

Website: frustum.com
Social
Email ID: *****@frustum.com
Phone Number: +1 **********

Key Metrics

Founded Year

2014

Location

Boulder, United States

Stage

Acquired

Total Funding

$3M in 2 rounds

Latest Funding Round

Seed, Jun 28, 2017, $*****

Investors

Parkway VC & 2 more

Ranked

12^th among 61 active competitors

Similar Companies

GrabCAD & 80 more

Exit Details

Acquired by PTC (Nov 20, 2018)

View Frustum's full profile

Frustum got acquired by PTC on Nov 20, 2018 at an acquisition amount of $*****.

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

Frustum has raised a total funding of $3M over 2 rounds. Its first funding round was on Jun 23, 2016. Frustum has 3 institutional investors.

Here is the list of recent funding rounds of Frustum:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 28, 2017	4982221	Seed	8554426	6439090	6621371	2896749
Jun 23, 2016	9883480	Seed	3392634	2497382	7439802	Next47

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View details of Frustum's funding rounds and investors

The founders of Frustum is Jesse Blankenship.

Here are the details of Frustum's key team members:

Jesse Blankenship: Founder & CEO of Frustum.

View details of Frustum's Founder profiles and Board Members

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Top competitors of Frustum include GrabCAD, Tech Soft and Vectorworks. Here is the list of Top 10 competitors of Frustum, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	GrabCAD 2009, Eden Prairie (United States), Acquired	Cloud-based design collaboration software	$14.7M	CRV, Matrix & 17 others	59/100
2nd	Tech Soft 1996, Berkeley (United States), Late Stage	Empowering engineering innovation with 3D software development toolkits and enterprise solutions	-	Battery Ventures	55/100
3rd	Vectorworks 1985, Columbia (United States), Acquired	Developer of three-dimensional design software for BIM, CAD, and modeling	-	-	53/100
4th	Spatial Corp 1986, Denver (United States), Acquired	Platform offering component-based 3D modeling technology and software	-	-	53/100
5th	Pixologic 1997, California (United States), Acquired	Industry-leading digital sculpting, modeling, and painting software for 3D artists	-	-	50/100
6th	TOffeeAM 2019, London (United Kingdom), Series A	Provider of AI and cloud-based 3D model fixing software	$7.01M	Presidio Ventures, IQ Capital & 8 others	46/100
7th	CoreTechnologie 1998, Lyon (France), Unfunded	Developer of 3D CAD data conversion software	-	-	44/100
8th	Shapr3D 2014, Budapest (Hungary), Series A	Mobile CAD app for 3D modelling	$7.3M	Speedinvest, Point Nine & 8 others	42/100
9th	Gen3D 2018, Bath (United Kingdom), Acquired	Provider of 3D cloud-based computer-aided design modelling software	-	-	42/100
10th	Mixed Dimensions 2009, San Francisco (United States), Series A	Online Toto and e-commerce platform offering diverse products and betting opportunities	$5.03M	Alsop Louie Partners, Dolby Family Ventures ... & 8 others	40/100
12th	Frustum 2014, Boulder (United States), Acquired	AI-powered generative design software optimizing designs for efficiency and innovation	$3M	Parkway VC, Next47 & 1 others	39/100