CADDi Secures $61M Series C to Democratize Manufacturing Data with AI-Driven Innovation

CADDi, the innovative AI Data Platform on a mission to democratize your drawings and supply chain data, is thrilled to announce a successful funding round, raising $61,040,000. This significant investment underscores the confidence that investors have in CADDi’s groundbreaking technologies and its potential to reshape the manufacturing and supply chain landscapes. CADDi’s flagship product, CADDi Drawer, leverages patented AI algorithms to aggregate, analyze, and extract the crucial data required to fuel better product design and manufacturing processes. By harnessing the power of artificial intelligence, the platform empowers businesses to uncover hidden insights within their drawings and supply chain data, streamlining operations and driving efficiency in real time. Fueling its rapid growth and continued innovation, the newly raised capital will primarily be invested in expanding CADDi’s product suite, strengthening its AI capabilities, and accelerating its market penetration in the United States and beyond. This infusion of funds will also enable the company to upscale its engineering teams and invest in research and development, ensuring that CADDi remains at the forefront of advancements in manufacturing SaaS solutions. The company’s remarkable achievements in 2024, including being the sole manufacturing SaaS company recognized on Fast Company’s Most Innovative Companies list and winning the Best Business Intelligence and Engineering Management Software award at the 2024 SaaS awards, further attest to its industry leadership and commitment to excellence. With this fresh capital, CADDi is poised to deepen its impact on the manufacturing sector, drive forward technological innovations, and continue its mission to empower businesses with the intelligence they need to excel in an ever-evolving digital world.