CADDi Raises $38M to Democratize Manufacturing Data and Revolutionize Product Innovation

CADDi is thrilled to announce that it has successfully raised $38,000,000 in a recent funding round—a major milestone that will drive the next phase of growth and innovation for the company. As an AI Data Platform on a mission to democratize your drawings and supply chain data, CADDi continues to transform how manufacturing organizations operate. The newly secured capital will be dedicated to enhancing CADDi Drawer, the flagship product in the United States. This innovative offering leverages patented AI technology to aggregate, analyze, and extract essential insights from complex data sets, empowering companies to produce better products with greater efficiency. The funding will accelerate ongoing research and development, allowing CADDi to push the boundaries of AI-driven analytics even further while expanding its market presence and customer base. Over the past year, CADDi’s groundbreaking contributions to manufacturing technology have been widely recognized—it proudly became the sole manufacturing SaaS company featured on Fast Company’s Most Innovative Companies 2024 list and earned top honors by winning Best Business Intelligence and Engineering Management Software at the 2024 SaaS Awards. These accolades underscore CADDi’s commitment to excellence and its significant impact on the industry. With this new investment, CADDi is poised to broaden its product suite, enhance its technological capabilities, and support more businesses in unlocking the full potential of their data. It is an exciting time for the company as it continues to lead in AI innovation and empowers companies to make smarter, data-driven decisions that drive impactful results.