PTC
IPOPower To Create
Boston, United States · Founded 1985 · $1.0B raised
- Headquarters
- Boston, Massachusetts
- Employees
- 5001–10000
- Founded
- 1985
- Business Model
- B2B
- Total Funding
- $1.0B
- Last Round
- $1.0B Corporate RoundJun 2018
- Rounds
- 3
About
PTC Inc. (formerly Parametric Technology Corporation, NASDAQ: PTC) is an American industrial software company founded in May 1985 and headquartered in Boston, Massachusetts. A pioneer of parametric, feature-based CAD modeling, PTC has evolved into a global leader in Product Lifecycle Management (PLM), Industrial IoT, and Augmented Reality software for discrete manufacturing industries. Its core product portfolio includes PTC Creo (CAD/CAM/CAE), PTC Windchill (PLM), ThingWorx (Industrial IoT platform), Vuforia (AR SDK), PTC Mathcad (engineering calculations), and Servigistics (service lifecycle management). PTC serves customers across automotive, aerospace & defense, industrials, and life sciences verticals, with 95% of Fortune 500 discrete manufacturers relying on its technologies. The company reported revenue of $2.74 billion in fiscal year 2025 and employs approximately 7,642 people worldwide. PTC's solutions manage product data throughout the entire lifecycle — driving engineering excellence, manufacturing efficiency, and service optimization.
Summary
PTC is a SaaS company based in Boston, United States, founded in 1985. It has raised $1.0B in total across 3 rounds, most recently a $1.0B Corporate Round round in Jun 2018. Investors include Rockwell Automation, Draper Associates and Bessemer VP.
Funding History
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Jun 2018
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Venture Round through Corporate Round — per-round amounts, valuations, and who invested in each round.
Investors
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