ParaMatters - About the company
ParaMatters is an acquired company based in Ventura (United States), founded in 2016. It operates as a Provider of generative CAD software. The company has 337 active competitors, including 28 funded and 29 that have exited. Its top competitors include companies like Onshape, Secondmind Ai and AllSpice.
Company Details
ParaMatters provides a generative CAD software for the automotive, aerospace, and medical equipment manufacturing industries. Its flagship product 'CongniCAD' is an autonomous generative design and simulation platform that optimizes end-to-end digital workflow, from design to manufacturing.
- Website
- paramatters.com
- Social
- Email ID
- *****@paramatters.com
Key Metrics
Founded Year
2016
Location
Ventura, United States
Stage
Acquired
Investors
Ranked
88th among 337 active competitors
Employee Count
1 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Carbon (Aug 24, 2022)
ParaMatters's acquisition details
ParaMatters got acquired by Carbon on Aug 24, 2022.
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ParaMatters's funding and investors
ParaMatters is a funded company. ParaMatters has 1 institutional investor.
View details of ParaMatters's funding rounds and investors
ParaMatters' founders and board of directors
Founder? Claim ProfileParaMatters' employee count trend
ParaMatters has 1 employees as of Aug 26. Here is ParaMatters's employee count trend over the years:
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ParaMatters's Competitors and alternates
Top competitors of ParaMatters include Onshape, Secondmind Ai and AllSpice. Here is the list of Top 10 competitors of ParaMatters, ranked by Tracxn score:
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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 | 66/100 | |
2nd |  Secondmind Ai 2016, United Kingdom, Series B | Designing solutions for automotive OEMs and suppliers | $40M | 61/100 | |
3rd |  AllSpice 2018, Wakefield (United States), Series A | Provider of AI-powered design review platform for schematics and PCB layouts | $21M | 61/100 | |
4th |  TASKING 1986, Amersfoort (Netherlands), Acquired | Provider of software development tool for carmakers | - | 57/100 | |
5th | Tech Soft 1996, Berkeley (United States), Late Stage | Empowering engineering innovation with 3D software development toolkits and enterprise solutions | - | 55/100 | |
6th | Leo AI 2023, Cambridge (United States), Seed | AI platform specifically for mechanical engineers and engineering firms | $9.7M | 54/100 | |
7th | Provider of professional graphic design software | - | - | 53/100 | |
8th | Advanced Design Technology 1999, London (United Kingdom), Funding Raised | Turbomachinery design software | - | 50/100 | |
9th |  Nullspace 2022, Irvine (United States), Seed | Delivers engineering simulation software for electromagnetic and electrostatic applications | $2.5M | 50/100 | |
10th | Modeling and design solutions for microwave components, circuits and RF sub-systems | - | 49/100 | ||
88th | ParaMatters 2016, Ventura (United States), Acquired | Provider of generative CAD software | - | 27/100 |
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ParaMatters's Investments and acquisitions
ParaMatters has made no investments or acquisitions yet.
Reports related to ParaMatters
Here is the latest report on ParaMatters's sector:
News related to ParaMatters
Filter this list•
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Carbon acquires ParaMatters to expand design software optimized for AMThe FABRICATOR•Sep 01, 2022•Carbon, ParaMatters
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Carbon adds new topology optimization features to 3D printing3D Printing Industry•Aug 25, 2022•Carbon, ParaMatters
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Covestro and ParaMatters Co-Develop Anisotropic Optimization SoftwareDigital Engineering•Sep 24, 2021•Covestro, ParaMatters
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ParaMatters Expands Its Generative Design and Manufacturing Cloud Solutions with the Launch of CogniCAD 3.0 at Formnext 2019svdaily.com•Nov 12, 2019•ParaMatters
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Paramatters Upgrades Generative Design Software With Cognicad 2.13D Printing Industry•May 01, 2019•ParaMatters
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ParaMatters Brings the Most Powerful Generative Design & Lightweighting Software to CES 2019Business Wire•Jan 03, 2019•ParaMatters
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ParaMatters launches CogniCAD and joins Techniplas Open Innovation at CES 20183D Printing Industry•Jan 09, 2018•ParaMatters
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