About Manufacturing SaaS sector in United States
The Manufacturing SaaS sector in United States comprises 982 companies, including 337 funded companies having collectively raised $8.9B in venture capital money and private equity. Out of these, 219 are Series A+ funded, and 6 have achieved unicorn status.
Manufacturing SaaS sector in United States has seen 115 acquisitions and 6 IPOs. This represents almost 12.3% of all such companies - which is higher than the 4.3% exit rate of tech companies in general.
This sector includes companies provide SaaS solutions that assist manufacturers throughout the manufacturing value chain. From product design, prototyping, simulation, production analysis, monitoring, and equipment maintenance, etc.
Manufacturing SaaS sector is also known as Manufacturing SaaS Solutions, Advanced Manufacturing SaaS or Digital Manufacturing SaaS.
Includes companies offering PLM suites, CAD, engineering analysis solutions, manufacturing execution solutions, process control software, asset maintenance, EHS tools, etc. that are provided on SaaS model. Excludes companies offering hardware solutions, and on-premise software solutions for the manufacturing industry. Also excludes companies offering software for multiple industries/non-manufacturing industries.
Top Manufacturing SaaS Companies in United States
There are 982 Manufacturing SaaS startups in United States which include Altair, PTC, MaintainX, Augury, Uptake. Out of these, 337 startups are funded, with 219 having secured Series A+ funding, and 6 achieving unicorn status.
2026 has seen the creation of 55 Manufacturing SaaS startups in United States. Over the past 10 years, an average of 38 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University of California (Berkeley), Stanford University and Massachusetts Institute of Technology.
Here is the list of top Manufacturing SaaS startups in United States
1. Altair
Provider of enterprise software for simulation, data analytics, AI, and HPC. Delivers cloud-accessible platforms that converge modeling, simulation, high-performance computing, and analytics to support digital engineering and product development. Offers a unified cloud gateway for accessing design tools, AI workflows, and scalable compute resources. Includes dedicated platforms for low- and no-code data analytics, AI model development, and AI-assisted design and simulation across industries.
Key facts about Altair
- Founded Year: 1985
- Location: Troy (United States)
- Stage: Acquired
- Total Funding till date: $35.1M
- Investors: General Atlantic, Shefa Capital and 3 Others
- Latest Funding Round: Post IPO, Jul 11, 2023, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 3 of 1,759 Competitors
2. PTC
Provider of software for product lifecycle management, CAD, IoT, and service. The company offers a portfolio of applications that manage product data and processes across engineering, manufacturing, and service, supporting configuration management, change control, and collaboration throughout the product lifecycle. Its solutions include computer-aided design tools for 3D product development, PLM platforms for digital thread and governance, application lifecycle management for software-intensive products, and industrial IoT and augmented reality technologies to connect and monitor physical assets. Additional offerings cover service lifecycle management and field service management, enabling organizations to optimize maintenance, asset uptime, and service operations using connected product data and analytics.
Key facts about PTC
- Founded Year: 1985
- Location: Boston (United States)
- Stage: Public
- Investors: Bessemer Venture Partners, CRV and 3 Others
- Latest Funding Round: PE, Jan 01, 1987, $*****
- Tracxn Score: 73/100 What is this?
- Competitors Rank: 3 of 706 Competitors
3. MaintainX
Provider of a platform for maintenance and operations management solutions. The platform offers features such as work order management, preventive maintenance scheduling, asset management, and reporting. It also provides tools for checklists and inspections, parts inventory management, and vendor management. The platform aims to streamline maintenance workflows and improve operational efficiency.
Key facts about MaintainX
- Founded Year: 2018
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $254M
- Investors: Bessemer Venture Partners, Bain Capital Ventures and 30 Others
- Latest Funding Round: Series D, Mar 20, 2025, $*****
- Tracxn Score: 71/100 What is this?
- Competitors Rank: 3 of 1,242 Competitors
4. Augury
Provider of IoT and cloud-based machine analytics and predictive maintenance solutions. The product offerings include Halo a wireless real-time asset monitoring solution, and machine health management Platform, a cloud-based solution to collect machine data and uses machine learning to analyze machine working conditions, machine performance, and generate reports. The industries using the product include food & beverage manufacturing, consumer packaged goods, pharmaceutical manufacturing, water & wastewater utilities, cogeneration facilities, and facility management.
Key facts about Augury
- Founded Year: 2011
- Location: New York City (United States)
- Stage: Series F
- Total Funding till date: $369M
- Investors: Qualcomm Ventures, First Round Capital and 20 Others
- Latest Funding Round: Series F, Feb 19, 2025, $*****
- Tracxn Score: 71/100 What is this?
- Competitors Rank: 1 of 528 Competitors
5. Uptake
Cloud-based platform for predictive analytics and asset performance management. The company offerings include Asset Performance Management software and Uptake Fusion for OT data management on Microsoft Azure. These solutions predict failures, support ESG compliance, and reduce maintenance costs.
Key facts about Uptake
- Founded Year: 2014
- Location: Chicago (United States)
- Stage: Series D
- Total Funding till date: $282M
- Investors: Baillie Gifford, Revolution and 13 Others
- Latest Funding Round: Series D, 2018, $*****
- Tracxn Score: 71/100 What is this?
- Competitors Rank: 2 of 734 Competitors
Companies founded year-on-year in the Manufacturing SaaS sector in United States
55 new startups have been founded so far in 2026 in the Manufacturing SaaS sector in United States. This is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 55 |
2025 | 38 |
2024 | 24 |
2023 | 31 |
2022 | 34 |
2021 | 34 |
2020 | 37 |
2019 | 54 |
2018 | 45 |
2017 | 34 |
Stage-wise distribution of Manufacturing SaaS sector companies in United States
Out of the total 982 Manufacturing SaaS companies in United States, 337 have secured funding. Among them, 219 have reached Series A or higher, and 171 to Series B or beyond.
Founded - 982
Funded - 337
Series A+ - 219
Series B+ - 171
Series C+ - 145
Company Stage | No. of companies |
|---|---|
Founded | 982 |
Funded | 337 |
Series A+ | 219 |
Series B+ | 171 |
Series C+ | 145 |
Let us walk you through our Sectors and other offerings
Designed with precision for VCs, PE, IBs, Incubators, M&A, Innovation more
Designed with precision for VCs, PE, IBs, Incubators, M&A, Innovation more
Funding Trends in the Manufacturing SaaS sector in United States
Total funding year-on-year in the Manufacturing SaaS sector in United States
The Manufacturing SaaS sector in United States saw a total funding of more than $7.26B in the last 10 years. The most amount of funding was in 2025 at more than $3.2B. There has been a total funding of $589M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $589M |
2025 | $3.2B |
2024 | $330M |
2023 | $240M |
2022 | $537M |
2021 | $919M |
2020 | $342M |
2019 | $305M |
2018 | $321M |
2017 | $473M |
Recent Funding Rounds in Manufacturing SaaS in United States
In the year 2026, till August 2026, Manufacturing SaaS companies in United States have raised $589M in equity funding across 34 rounds.
In the same period last year (i.e. till August 2025), Manufacturing SaaS companies in United States had raised $942M across 39 rounds.
So, 2026 has seen a 37.52% drop in funding in Manufacturing SaaS companies in United States as compared to 2025.
Here are some recent, important funding rounds in Manufacturing SaaS companies in United States:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 8395 | Aug 05, 2026 | ||
Series A | 2301 | Jul 21, 2026 | ||
Seed | 9599 | 2026 | ||
Series A | 9216 | Jun 22, 2026 | - | |
Series A | 9432 | Jun 16, 2026 |
Top Investors in Manufacturing SaaS in United States
Y Combinator is the top investor in Manufacturing SaaS companies in United States based on number of companies invested.
Here are some top investors in Manufacturing SaaS companies in United States:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Mountain View (United States) | ||
Sunnyvale (United States) | ||
Arlington (United States) | ||
New York City (United States) | ||
Palo Alto (United States) |
M&A activity in Manufacturing SaaS sector in United States
In the year 2026, till August 2026, 6 acquisitions happened in Manufacturing SaaS sector in United States. Last year, in 2025, a total of 4 acquisitions happened in Manufacturing SaaS sector in United States.
Here are some recent, important acquisitions in Manufacturing SaaS sector in United States:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Aug 14, 2026 | ||
Business Acquisition | Jul 13, 2026 | - | |
Business Acquisition | Jul 06, 2026 | ||
Business Acquisition | May 28, 2026 | ||
Business Acquisition | May 28, 2026 |
Acquisition trends in Manufacturing SaaS sector in United States
Here are the acquisition trends in Manufacturing SaaS sector in United States:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 6 |
2025 | 4 |
2024 | 9 |
2023 | 10 |
2022 | 12 |
2021 | 11 |
2020 | 5 |
2019 | 16 |
2018 | 11 |
2017 | 6 |
IPOs in Manufacturing SaaS in United States
In the year 2021, till November 2021, 4 IPOs happened in Manufacturing SaaS sector in United States.
Here are some recent, important IPOs in Manufacturing SaaS sector in United States:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Nov 19, 2021 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Oct 18, 2021 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Jul 16, 2021 | Vienna Stock Exchange (VIE) | |
Jul 16, 2021 | Vienna Stock Exchange (VIE) | |
Jun 01, 2020 | Brazil Stock Exchange (B3) |
Colleges which produce the most Manufacturing SaaS companies in United States
Companies founded by alumni from top colleges in the Manufacturing SaaS in United States
Most number of Manufacturing SaaS startups in United States have been founded by alumni from University of California (Berkeley), Stanford University and Massachusetts Institute of Technology.
College | No. of companies |
|---|---|
University of California (Berkeley) | 14 |
Stanford University | 13 |
Massachusetts Institute of Technology | 10 |
Carnegie Mellon University | 6 |
Harvard University | 5 |
University of Pennsylvania | 5 |
University of Toronto | 5 |
Columbia University | 4 |
IIT Kanpur | 4 |
Technion Israel Institute Technology | 4 |
Total funding in Manufacturing SaaS companies founded by alumni from top colleges in United States
In the last 10 years, Carnegie Mellon University graduates' Manufacturing SaaS companies in United States have raised the most funding among top colleges. Massachusetts Institute of Technology alumni are second, and Technion Israel Institute Technology alumni are third.
College | Total Funding |
|---|---|
Carnegie Mellon University | $2.08B |
Massachusetts Institute of Technology | $755M |
Technion Israel Institute Technology | $379M |
University of California (Berkeley) | $316M |
Columbia University | $304M |
Stanford University | $278M |
University of Pennsylvania | $204M |
Columbia Business School | $192M |
Princeton University | $187M |
University of Toronto | $129M |
Top News in Manufacturing SaaS in United States
•
Centric Software Enhances Centric PLM for Product Data Transparency and ComplianceMiningstockeducation•Aug 28, 2026•Centric Software
•
Mastercam and ProShop Partner to Advance Digital ManufacturingPR Newswire•Aug 26, 2026•Mastercam, ProShop
•
Oqton Wins ASTRO-InSPIRE Technical Challenge for Distortion PredictionTCT Magazine•Aug 17, 2026•Oqton
•
Plex launches 5-year membership pass for $250, significantly increasing lifetime pass pricesArs Technica•Jul 02, 2026•Plex Systems
•
Sphera named leader in process safety software by VerdantixSecurityBrief•Jun 30, 2026•Sphera Solutions
•
•
eMaint Launches First Global Partner Network to Scale Accessibility and Customer ValueGlobeNewswire•Jun 29, 2026•eMaint
•
•
•
Centric Software Unveils Centric AI Studio: AI-Driven Product Creation PlatformPR Newswire•May 21, 2026•Centric Software
