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Founded Year

2017

Stage

Series C | Alive

Total Raised

$171M

Last Raised

$89M | 8 mos ago

About CADDi

CADDi operates as a global supply chain company. It features an automated quotation system based on proprietary cost calculation algorithms, enabling matching companies with products that meet their quality, delivery, and price needs. It uploads three-dimensional computer-aided design data and specific parameters such as quantity, material, design, prices, and delivery times. It serves semiconductor, medical, construction, and other industries. The company was founded in 2017 and is based in Chicago, Illinois.

Headquarters Location

330 North Wabash 23rd Floor

Chicago, Illinois, 60611,

United States

773-490-6365

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Research containing CADDi

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned CADDi in 1 CB Insights research brief, most recently on Aug 27, 2021.

CADDi Patents

CADDi has filed 3 patents.

The 3 most popular patent topics include:

  • machining
  • manufacturing
  • production and manufacturing
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/11/2021

3/7/2023

Manufacturing, Production and manufacturing, Machining, Engineering disciplines, Information technology management

Grant

Application Date

3/11/2021

Grant Date

3/7/2023

Title

Related Topics

Manufacturing, Production and manufacturing, Machining, Engineering disciplines, Information technology management

Status

Grant

Latest CADDi News

CADDi Partners with Hilltop Technology Laboratory, Inc. to Solve Industry Challenges with CADDi Drawer Implementation

Jan 9, 2024

News provided by Share this article Share toX CADDi Drawer addresses time-intensive quoting and drawing management woes for a leading manufacturer of CNC machining CHICAGO, Jan. 9, 2024 /PRNewswire/ --  CADDi Inc., a global procurement solutions provider for the manufacturing industry, announced a strategic partnership with HILLTOP TECHNOLOGY LABORATORY INC , a manufacturing service provider specializes in rapid, precision prototyping using advanced CNC machining technology. This partnership marks a significant milestone as HILLTOP TECHNOLOGY adopts CADDi Drawer, an AI-enabled drawing management system designed to revolutionize efficiency and productivity. Hilltop Technology Laboratory HILLTOP TECHNOLOGY, a forward-thinking company, developed an innovative CNC machining system, "HILLTOP SYSTEM," which can optimize and shorten the manufacturing process by digitizing the intuition and manual technologies of skilled workers. However, there was always room for improvement in the quoting process, which is typically time-consuming and involves complex drawing and manufacturing information. Transferring knowledge and skills from experienced sales engineers to new members was also a challenge to stabilize and maximize their potential. Recognizing these challenges as common roadblocks in the manufacturing sector, CADDi stepped in to implement CADDi Drawer. "We recognize that many players, like HILLTOP TECHNOLOGY LABORATORY, grapple with common pain points. CADDi Drawer was designed to address these challenges head-on," said Yushiro Kato, co-founder and CEO of CADDi. "By leveraging technology and innovation, CADDi Drawer is not just a solution tailored for one company; it's a transformative tool designed to elevate the efficiency and productivity of procurement teams across the entire manufacturing landscape." With a strategic decision to partner with CADDi and integrate CADDi Drawer into its operations, HILLTOP TECHNOLOGY LABORATORY aims to streamline its quoting processes and optimize drawing data management. CADDi Drawer's proprietary "similar drawing search" function utilizes advanced algorithms to analyze and identify drawings with similar shapes, facilitating efficient data utilization. The company anticipates a significant reduction in turnaround time, enabling the team to deliver quotes efficiently and with newfound speed. "In the face of challenges, we saw an opportunity for growth," said Joey Kagawa, the Senior Manager of Sales at HILLTOP TECHNOLOGY LABORATORY. "CADDi Drawer has the potential to address our current pain points and propel us forward in the competitive manufacturing market. We believe this partnership will redefine how we operate and position us for greater success." CADDi Drawer emerged as the transformative solution to help streamline quoting processes, optimize drawing data management, and facilitate knowledge transfer within the organization. About CADDi Inc. CADDi is a global manufacturing company on a mission to "unleash the potential of manufacturing." The company strives to transform the manufacturing industry through its primary offering, "CADDi Drawer," an AI-enabled drawing management system, helping further unlock the potential of manufacturing by significantly improving the efficiency of procurement teams. About HILLTOP TECHNOLOGY LABORATORY INC. Hilltop, with a mission to accelerate the innovation process, specializes in rapid, precision prototyping using advanced CNC machining technology. Industries they most often work with include aerospace, automotive, medical, entertainment, and food. The team works directly with innovators, R&D departments, and engineers to support the progress of new product development. Media contact:

CADDi Frequently Asked Questions (FAQ)

  • When was CADDi founded?

    CADDi was founded in 2017.

  • Where is CADDi's headquarters?

    CADDi's headquarters is located at 330 North Wabash, Chicago.

  • What is CADDi's latest funding round?

    CADDi's latest funding round is Series C.

  • How much did CADDi raise?

    CADDi raised a total of $171M.

  • Who are the investors of CADDi?

    Investors of CADDi include World Innovation Lab, Global Brain, Globis Capital Partners, DCM Ventures, JAFCO and 9 more.

  • Who are CADDi's competitors?

    Competitors of CADDi include Paperless Parts, In Mind Cloud, Zetwerk, Swish, Kreatize and 7 more.

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DigiFabster offers a machine learning (ML) powered sales quotes automation solution. The company's tools provide an automated pricing calculator, real-time healing and repairing, and price tuning, enabling clients to automate quoting, order entry, and customer support. It primarily serves the manufacturing sector. The company was founded in 2014 and is based in Irvine, California.

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Paperless Part operate in the manufacturing industry. The company offers a cloud-based platform that manufacturers increase revenue and win more business. The platform's main functions include identifying manufacturability issues, creating quotes, and processing orders for various production processes such as manufacturing, sheet metal fabrication, and CNC machining. The company primarily serves the aerospace and defense, heavy machinery, and medical devices industries. It was founded in 2017 and is based in Boston, Massachusetts.

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Experlogix is a company that focuses on providing digital solutions in the business applications sector. The company offers a suite of services including Configure, Price, Quote (CPQ) software, document automation, and digital commerce solutions. These services primarily cater to sectors such as government, financial services, healthcare, insurance, manufacturing, and real estate. It was founded in 2002 and is based in South Jordan, Utah.

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