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About Caddi
Industries
Data & Analytics
Industrial & Manufacturing
Enterprise Software
AI & Machine Learning
Company Size
501-1,000
Company Stage
Series C
Total Funding
$222.9M
Headquarters
Chicago, Illinois
Founded
2017
Overview
CADDi is a SaaS company providing an AI-powered data platform for manufacturers to optimize procurement and supply chain operations. Its products CADDi Drawer and CADDi Quote digitize and analyze 2D/3D drawings (including handwritten archives), linking them to ERP/PLM data to create a centralized knowledge base and automate quoting. It helps high-mix-low-volume manufacturers in industrial machinery, automotive, and MedTech reduce procurement costs, consolidate suppliers, and make data-driven sourcing decisions through advanced search and part-similarity features. It differentiates itself by unifying engineering drawings with procurement data and using AI-powered search and similarity matching, with a goal to reach $1B in software revenue by 2030 and expand globally.
Simplify's Take
What believers are saying
- $38M Series C extension in March 2025 doubles engineering team for AI enhancements.
- Mexico operations serve U.S. high-mix-low-volume manufacturers effectively.
- Achieves 99.83% on-time delivery, cutting procurement costs by 20%.
What critics are saying
- Hitachi, Subaru, Kawasaki concentration risks ARR loss in 12-24 months.
- Autodesk, Siemens integrate AI quoting, collapsing CADDi by 2027.
- Mizuho debt covenants trigger acceleration if 2026 targets missed.
What makes Caddi unique
- CADDi Drawer uses AI and OCR to digitize handwritten drawings instantly.
- CADDi Quote automates pricing and consolidates supplier quotes seamlessly.
- Platform links drawings to ERP/PLM data for centralized manufacturing knowledge.
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Funding
Total Funding
$222.9M
Above
Industry Average
Funded Over
5 Rounds
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
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↓ -2%CADDi, a startup known for its manufacturing parts ordering service, announced on March 27 that it has raised a total of ¥9.1 billion. This includes ¥4 billion from three firms, including UK-based Atomico, and ¥5.1 billion in long-term debt financing from four financial institutions. CADDi has pivoted from its original business to focus on a new AI-driven SaaS venture, integrating its previous services. The funding will support its global expansion into Europe, the US, and Asia.
CADDi, a startup transforming parts procurement in manufacturing, was founded in November 2017. Within a year of service, it secured ¥1 billion in funding from major VCs like DCM and WiL, with over 3,000 companies adopting its platform. CEO Kato, noted for being McKinsey's youngest manager, is expanding the organization to hundreds of employees. The company features a unique structure with "two customer successes" and seeks a complementary leader akin to Kingdom's Kanki.
Global Brain, in collaboration with SMBC Venture Capital Management, has decided to make an additional investment in CADDi Inc., a company providing the AI data platform 'CADDi' for the manufacturing industry. CADDi aims to enhance production activities and decision-making by analyzing and linking data across engineering and supply chains. The investment will support CADDi's global expansion and AI development. Global Brain has previously invested in CADDi in 2018, 2021, and 2023.
Minerva Growth Partners has invested in CADDi's Series C extension round. CADDi, a startup providing an AI data platform for manufacturing, aims to enhance production and decision-making by analyzing and structuring data. The company operates in Japan, Vietnam, Thailand, and the US, and is experiencing growth surpassing the T2D3 benchmark. Minerva's investment will support CADDi's long-term growth and innovation in addressing manufacturing challenges.
Japanese AI startup CADDi, co-founded by CEO Yushiro Kato, has secured $38 million in new funding. The company, which specializes in software to streamline supply chains for manufacturers, is planning a significant expansion into the U.S. market.
Caddi is Hiring for 6 Jobs on Simplify!
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About Caddi
Industries
Data & Analytics
Industrial & Manufacturing
Enterprise Software
AI & Machine Learning
Company Size
501-1,000
Company Stage
Series C
Total Funding
$222.9M
Headquarters
Chicago, Illinois
Founded
2017
Caddi is Hiring for 6 Jobs on Simplify!
Find jobs on Simplify and start your career today