Caddi

Caddi

Cloud software for managing 2D diagrams

About

Caddi provides cloud-based software solutions that focus on the auto-recognition and management of 2D diagrams. This technology helps users in the manufacturing sector by converting data into actionable insights, which can enhance decision-making and improve operational efficiency. Caddi's software is available through a subscription model, allowing clients to access the platform and potentially add on extra features as needed. What sets Caddi apart from its competitors is its specific focus on the manufacturing industry, which has not seen much innovation recently. The company's goal is to address inefficiencies in manufacturing processes and leverage data to boost productivity across the sector.

Company Stage

Series C

Employees

201-500

Industries

Industrial & Manufacturing, Enterprise Software

Total Funding

$158.1M

Headquarters

Chicago, Illinois

Founded

2017


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Simplify's Take

What believers are saying

  • Caddi raised 118 billion yen in Series C funding in July 2023.
  • The rise of digital twins offers expansion opportunities for Caddi's software capabilities.
  • Growing interest in supply chain transparency can enhance Caddi's tracking features.

What critics are saying

  • Increased competition in Southeast Asia could hinder Caddi's expansion plans.
  • Ongoing semiconductor shortages may affect clients' investment in new software.
  • Fluctuations in the yen could impact Caddi's international revenue.

What makes Caddi unique

  • Caddi offers cloud-based software for auto-recognizing and managing 2D diagrams.
  • Their platform transforms data into actionable insights for better decision-making.
  • Caddi's subscription model aligns with the trend towards servitization in manufacturing.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

1%

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Paid Vacation

Paid Holidays

Company Social Events

Professional Development Budget

Conference Attendance Budget

Commuter Benefits

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