Insights

Growing Funding and Investment CoLab Software has recently secured significant funding, including a $72 million Series C investment led by Intrepid Growth Partners and additional funding from notable players like ExxonMobil. This demonstrates strong investor confidence and a commitment to scaling AI-driven engineering solutions, indicating potential for expanding collaborations and customized enterprise offerings.

Expanding AI Capabilities The company is actively investing in AI talent development, supported by recent financial injections from the Hibernia and Hebron Projects, and strategic hires. This focus presents opportunities to offer advanced AI integration, training programs, and tailored AI modules that align with their innovation roadmap.

Customer Success Stories CoLab is already delivering measurable results for clients such as Johnson Controls, Komatsu, and Polaris, including faster product launches, reduced costs, and improved quality. These success cases suggest opportunities to target similar manufacturing, engineering, and industrial firms seeking to optimize their design review processes.

Geographic Focus With a base in Newfoundland and Labrador and recent investments focused on local talent and product growth, there is a strong regional footprint. Engaging local engineering and technology firms, especially those involved in major projects like Hibernia and Hebron, could open targeted market entry points.

Industry Positioning Positioned as a cutting-edge AI-powered engineering platform within the software development space, CoLab is well-suited to compete with large-established players by offering innovative, cloud-based review tools. Partnering on industry-specific solutions or integration with existing CAD/PLM systems could accelerate sales in the engineering and manufacturing sectors.

Similar companies to CoLab

CoLab Tech Stack

CoLab uses 8 technology products and services including Atlassian, Jenkins, PostgreSQL, and more. Explore CoLab's tech stack below.

  • Atlassian
    Application Development & Management
  • Jenkins
    Continuous Integration
  • PostgreSQL
    Database
  • React
    Javascript Frameworks
  • DemandJump
    Marketing Analytics
  • LinkedIn Sales Navigator
    Sales Enablement
  • HSTS
    Security
  • Google Analytics
    Web Analytics

Media & News

CoLab's Email Address Formats

CoLab uses at least 1 format(s):
CoLab Email FormatsExamplePercentage
First@colabsoftware.comJohn@colabsoftware.com
58%
FirstLast@colabsoftware.comJohnDoe@colabsoftware.com
32%
FLast@colabsoftware.comJDoe@colabsoftware.com
7%
FirLast@colabsoftware.comJohDoe@colabsoftware.com
3%

Frequently Asked Questions

What is CoLab's stock symbol?

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CoLab is a publicly traded company; the company's stock symbol is ECL.

What is CoLab's official website and social media links?

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CoLab's official website is colabsoftware.com and has social profiles on LinkedInCrunchbase.

What is CoLab's NAICS code?

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CoLab's NAICS code is 5112 - Software Publishers.

How many employees does CoLab have currently?

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As of December 2025, CoLab has approximately 158 employees across 3 continents, including North AmericaAsiaEurope. Key team members include Chief Marketing Officer: M. S.Chief Strategy Officer (cso): T. Y.Chief Financial Officer: J. K.. Explore CoLab's employee directory with LeadIQ.

What industry does CoLab belong to?

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CoLab operates in the Software Development industry.

What technology does CoLab use?

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CoLab's tech stack includes AtlassianJenkinsPostgreSQLReactDemandJumpLinkedIn Sales NavigatorHSTSGoogle Analytics.

What is CoLab's email format?

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CoLab's email format typically follows the pattern of First@colabsoftware.com. Find more CoLab email formats with LeadIQ.

How much funding has CoLab raised to date?

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As of December 2025, CoLab has raised $21M in funding. The last funding round occurred on May 09, 2024 for $21M.

When was CoLab founded?

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CoLab was founded in 2017.

CoLab

Software DevelopmentNewfoundland And Labrador, Canada51-200 Employees

CoLab is a cloud based platform for engineering design review. We make it easy for subject matter experts (SMEs) across your business to access, evaluate, and comment on 2D drawings and 3D models. Our built-in AI peer checker, AutoReview, can analyze designs for you and spot common errors or non-compliance with your standards and guidelines. AutoReview creates markups and comments on your files, in context – just like a human checker.

With CoLab, human SMEs and AI work together to help you make better decisions and improve designs faster. We automatically capture knowledge from across your global business that would otherwise be buried in emails, spreadsheets, slide decks, and unknown locations in Sharepoint or PLM. Then, we make sure every lesson learned and every design guideline is applied exactly when it matters.

Companies like Johnson Controls, Komatsu, Schaeffler, and Polaris have launched products 40% faster, cut BOM costs by 50%, and reduced quality escapes by 15% in 1 year.

Section iconCompany Overview

Stock Symbol
ECL
NAICS Code
5112 - Software Publishers
Founded
2017
Employees
51-200

Section iconFunding & Financials

  • $21M

    CoLab has raised a total of $21M of funding over 6 rounds. Their latest funding round was raised on May 09, 2024 in the amount of $21M.

  • $25M$50M

    CoLab's revenue is estimated to be in the range of $25M$50M

Section iconFunding & Financials

  • $21M

    CoLab has raised a total of $21M of funding over 6 rounds. Their latest funding round was raised on May 09, 2024 in the amount of $21M.

  • $25M$50M

    CoLab's revenue is estimated to be in the range of $25M$50M

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