Onshape is a cloud-native computer-aided design (CAD) platform delivered as a Software as a Service (SaaS). Founded by former SolidWorks executives Jon Hirschtick and John McEleney, it provides mechanical CAD, data management, and real-time collaboration capabilities accessible via web browsers and mobile apps. The platform features built-in version control, branching and merging, and automatic file management with no local file dependencies.
Onshape has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2012
Employees
201–500
Total Funding
$230M
4 rounds
Total raised $230M across 4 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series D
Date
October 2018
Amount
$52M
Valuation
—
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| October 2018 | Series D | $52M | — | Andreessen Horowitz |
| 2016 | Series C | $105M | — | Andreessen Horowitz |
| 2015 | Series B | $64M | — | Andreessen Horowitz |
Jon Hirschtick
Co-founder, CEO
John McEleney
Co-founder, Corporate Strategy Advisor
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Autodesk Fusion 360
Cloud-based 3D CAD, CAM, and simulation software for product design and manufacturing
SOLIDWORKS
3D CAD software for mechanical design and product development, now part of Dassault Systèmes
Solid Edge
3D CAD and PLM software for product development with direct and parametric modeling capabilities
FreeCAD
Open-source parametric 3D CAD modeler for mechanical design
SketchUp
3D modeling software for design, construction, and visualization
Creo
Parametric 3D CAD software for product design and engineering, part of PTC portfolio
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