Where is MagiCAD located?

MagiCAD is headquartered in Rauma, Finland.

How many employees does MagiCAD have?

As of May 31, 2026, the latest employee count at MagiCAD is 140.

Is MagiCAD a funded company?

MagiCAD is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does MagiCAD rank among its competitors?

MagiCAD ranks 61st amongst 455 active competitors, of which 29 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Attentive, which secured $30.5M in Nov, 2025.

Who are the top competitors of MagiCAD?

MagiCAD's top competitors include Matterport, Nemetschek Group and Attentive. Among them, Attentive secured the most recent funding round in November, 2025.

MagiCAD - 2026 Company Profile, Funding & Competitors

Company Details

MagiCAD, a product of Progman Oy, is a plug-in for Revit and Autocad to perform MEP design and calculations. Has tools for designing ventilation, electrical, piping, sprinkler, circuit design, and system design Has additional offices in Turku and Göteborg. Sells its products through international resellers. Claims to have sold 20000 licenses across 50 countries as of May 2016. Some of the customers include Skanska, WSP, Arup, Verkis, Granlund, etc.

Website: www.magicad.com/
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Key Metrics

Founded Year

1983

Location

Rauma, Finland

Stage

Acquired

Investors

Frontier Nordic

Ranked

61^st among 455 active competitors

Employee Count

140 as on May 31, 2026

Investment & Acquisitions

EQUA

Similar Companies

Matterport & 507 more

Exit Details

Acquired by Glodon (Mar 27, 2014)

View MagiCAD's full profile

MagiCAD got acquired by Glodon on Mar 27, 2014.

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

MagiCAD is a funded company. MagiCAD has 1 institutional investor.

View details of MagiCAD's funding rounds and investors

MagiCAD's employee count trend

MagiCAD has 140 employees as of May 26. Here is MagiCAD's employee count trend over the years:

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Top competitors of MagiCAD include Matterport, Nemetschek Group and Attentive. Here is the list of Top 10 competitors of MagiCAD, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Matterport 2011, Sunnyvale (United States), Acquired	Provider of 3D digital twin solutions for various industry applications	$163M	Lux Capital, Qualcomm Ventures & 39 others	79/100
2nd	Nemetschek Group 1963, Munich (Germany), Public	Provider of software solutions for architecture, engineering, construction, and operation	-	Eiffel Investment Group, Europa	72/100
3rd	Attentive 2016, Wilmington (United States), Series B	Developer of AI-powered takeoff software for construction and field service industries	$49.7M	GAIL, Info Edge Ventures & 14 others	62/100
4th	Higharc 2018, Durham (United States), Series B	SaaS-based online 3D staging platform for residential properties	$83M	Spark Capital, Lux Capital & 27 others	61/100
5th	Parspec 2020, San Francisco (United States), Series A	Provider of an AI-powered platform for product selection, quoting, and submittals	$31.5M	Innovation Endeavors, Threshold & 5 others	61/100
6th	CubiCasa 2013, Oulu (Finland), Acquired	Digital floor plan developers	$325K	Moderne Ventures, Butterfly Ventures	60/100
7th	Finch 3D 2019, Malmo (Sweden), Series A	Online design software for architects	$4.19M	Inventure, Ampli Ventures & 7 others	55/100
8th	Spatial Corp 1986, Denver (United States), Acquired	Platform offering component-based 3D modeling technology and software	-	-	54/100
9th	Allplan 1981, Munich (Germany), Unfunded	Developer of software for building design, structural engineering, and infrastructure	-	-	54/100
10th	Vectorworks 1985, Columbia (United States), Acquired	Developer of three-dimensional design software for BIM, CAD, and modeling	-	-	53/100
61st	MagiCAD 1983, Rauma (Finland), Acquired	3D MEP software	-	Frontier Nordic	30/100