Fundz

Caddi Raises $89M Series C To Scale Its B2B Supply Chain Marketplace For Manufacturing Parts

PRIVATEJul 05, 2023

Amount Raised

$89 Million

Round Type

Series C

ChicagoCommerce and ShoppingHardwareSoftwareCommerce And ShoppingInternet Services

Description

The pandemic has damaged the entire manufacturing supply chain, which is not likely to return to normal until at least 2024 due to a few challenges, including the ongoing U.S.-China tech battle. According to a recent survey by the Association of Equipment Manufacturers (AEM), which surveyed more than 150 equipment manufacturing firms and 179 equipment manufacturing executives, 98% of the respondents still are facing the supply chain issue and more than half are experiencing worsening supply chain conditions owing to a labor shortage and access to source intermediate components.

Quick answer

CADDi raised $89 Million in a Series C round, dated July 5, 2023. CADDi is based in Chicago, Illinois, United States.

How much did CADDi raise?
CADDi raised $89 Million in a Series C round on July 5, 2023.
What does CADDi do?
CADDi is an AI Data Platform on a mission to democratize your drawings and supply chain data.
Where is CADDi based and how big is it?
CADDi is based in Chicago, Illinois, United States. Fundz records about 501 employees.
Who are the decision-makers at CADDi?
Fundz holds 1 contact at CADDi. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Commerce and Shopping and Hardware around the same time

Companies in the same sectors as CADDi that raised within 45 days of this round, from Fundz verified event records.

  • Deepset raised $30M (Funding Round) on August 9, 2023.
  • Kafene, Inc. raised $13M on June 21, 2023.
  • Purplle raised an undisclosed amount (Funding Round) on May 24, 2023.
  • Ostendio raised an undisclosed amount (Funding Round) on August 17, 2023.
  • Grown Rogue International raised $1M (Seed) on August 17, 2023.
  • Divirod raised $3.6M (Seed) on August 3, 2023.

Who to call at CADDi, and when

A new round usually means CADDi is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day CADDi raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at CADDi, from your own LinkedIn network

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Company Information

Company

CADDi

Location

Chicago, Illinois, United States

About

CADDi is an AI Data Platform on a mission to democratize your drawings and supply chain data. Our primary product offering in the United States, CADDi Drawer, leverages patented AI to aggregate, analyze and extract everything you need from your data to produce better products. In 2024, CADDi was the sole manufacturing SaaS company featured on Fast Company's Most Innovative Companies 2024 list, and won Best Business Intelligence and Engineering Management Software in the 2024 SaaS awards.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment CADDi raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Predictive Intelligence
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ML-powered predictions for CADDi's next move

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CADDi raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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