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PROCAD Software - About the company

PROCAD Software is an acquired company based in Calgary (Canada), founded in 2003. It operates as a Cloud-based product design and development software. The company has 222 active competitors, including 22 funded and 23 that have exited. Its top competitors include companies like Onshape, AllSpice and Zoo.

Company Details

Cloud-based product design and development software. It is a plant design platform that uses CAD that offers features such as 3D and 2D piping, modeling, data management integration, automation, electrical drafting, import, export tools, steel components, compliance checks, etc. It is a tool available on the subscription-based pricing model.
Website
procad.com
Social
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Email ID
*****@procad.com
Phone Number
+1 **********
Key Metrics
Founded Year
2003
Location
Calgary, Canada
Stage
Acquired
Ranked
Similar Companies
Exit Details
Acquired by GRAITEC (Apr 10, 2018)

PROCAD Software's acquisition details

PROCAD Software got acquired by GRAITEC on Apr 10, 2018.
Click here to take a look at PROCAD Software's acquisition in detail
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PROCAD Software's funding and investors

PROCAD Software has not raised any funding rounds yet.

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PROCAD Software's Competitors and alternates

Top competitors of PROCAD Software include Onshape, AllSpice and Zoo. Here is the list of Top 10 competitors of PROCAD Software, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Onshape
Onshape
2012, Cambridge (United States), Acquired
Cloud-native CAD & PDM platform accelerating product development and team collaboration
$349M
78/100
2nd
Logo for AllSpice
AllSpice
2018, Wakefield (United States), Series A
Provider of AI-powered design review platform for schematics and PCB layouts
$21M
62/100
3rd
Logo for Zoo
Zoo
2021, Inglewood (United States), Seed
Developer of CAD software with conversational agent for hardware design
$5M
57/100
4th
Logo for Tech Soft
Tech Soft
1996, Berkeley (United States), Late Stage
Empowering engineering innovation with 3D software development toolkits and enterprise solutions
-
55/100
5th
Logo for AMCAD
AMCAD
2004, Limoges (France), Acquired
Modeling and design solutions for microwave components, circuits and RF sub-systems
-
53/100
6th
Logo for Coreldraw
Coreldraw
1997, Canada, Unfunded
Provider of professional graphic design software
-
-
52/100
7th
Logo for Advanced Design Technology
Advanced Design Technology
1999, London (United Kingdom), Funding Raised
Turbomachinery design software
-
51/100
8th
Logo for Nullspace
Nullspace
2022, Irvine (United States), Seed
Delivers engineering simulation software for electromagnetic and electrostatic applications
$2.5M
50/100
9th
Logo for Leo AI
Leo AI
2023, Cambridge (United States), Seed
AI platform specifically for mechanical engineers and engineering firms
$9.7M
49/100
10th
Logo for Transoft Solutions
Transoft Solutions
1991, Richmond (Canada), Acquired
CAD-based software for engineers, architects, and drafters
-
48/100
161st
Logo for PROCAD Software
PROCAD Software
2003, Calgary (Canada), Acquired
Cloud-based product design and development software
-
-
21/100
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PROCAD Software's Investments and acquisitions

PROCAD Software has made no investments or acquisitions yet.

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