Setting the new standard for collaborative engineering.
CoLab is the efficient design review platform for innovative teams who want to build the future—faster.
CoLab is the efficient design review platform for innovative teams who want to build the future—faster.
Location: Canada
Employees: 51-200
Phone: +1 709-764-4179
Total raised: $126.61M
Founded date: 2017
Investors 11
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Funding Rounds 6
| Date | Series | Amount | Investors |
| 11.11.2025 | Series C | $72M | Pelorus Ve... |
| 19.03.2025 | - | $3.91M | - |
| 17.05.2024 | - | $21M | - |
| 03.11.2021 | Series A | $17M | Insight Pa... |
| 21.04.2021 | - | $10M | - |
| 03.10.2019 | - | $2.7M | - |
Mentions in press and media 18
| Date | Title | Description |
| 12.11.2025 | CoLab Secures $72M to Revolutionize Engineering Design with AI | CoLab secured $72 million Series C funding. Intrepid Growth Partners led the round. The company transforms engineering design with AI-powered software. Its EngineeringOS platform integrates people, data, and AI for hardware development. New... |
| 11.11.2025 | CoLab Raises $72M USD in Series C Funding | CoLab, a St. John’s, Newfoundland and Labrador, Canada-based company developing AI-powered software for mechanical engineering and hardware development teams, raised $72M USD in Series C funding. The round was led by Intrepid Growth Partner... |
| 11.11.2025 | CoLab: $72 Million Series C Raised To Advance AI For Engineering Design Workflows | CoLab has raised $72 million in Series C financing as the company expands its role in applying AI to complex engineering and hardware development. The round was led by Intrepid Growth Partners, with participation from existing investors, in... |
| 10.11.2025 | CoLab gets $72M in funding to capture the knowledge of the world’s best engineers Send us a News Tip EXTRACT THE SIGNAL FROM THE NOISE Cookies | CoLab Software Inc., a creator of artificial intelligence tools designed to help automate engineering tasks, said today it has closed on $72 million in Series C funding. The startup has created a platform called EngineeringOS, which is a ki... |
| 10.11.2025 | CoLab raises $72M in funding to redefine engineering with AI-powered design platform | Engineering is entering a new phase—and it’s being rewritten by AI. For years, mechanical and hardware design teams have relied on tedious design reviews, endless meetings, and slow iteration cycles. Now, a St. John’s, Canada-based AI start... |
| 26.03.2025 | TXB and Mako Networks: A Partnership for Growth in Convenience Retail | In the bustling world of convenience retail, the need for speed and reliability is paramount. TXB, a Texas-based chain of community stores, is on a mission to double its footprint from 50 to 100 locations across Texas and Oklahoma. To fuel ... |
| 25.03.2025 | CoLab Software: C$5.6 Million Raised For Collaboration Platform | CoLab Software, a Newfoundland and Labrador-based software company, announced it has raised C$5.6 million in funding from Hibernia and Hebron Projects to grow local AI talent and product capabilities. This investment will fund around 60,000... |
| 19.03.2025 | CoLab Raises CAD$5.6M in Funding | CoLab Software, a St. John, Canada-based engineering design software company, raised CAD$5.6M in funding. Backers included Hibernia and Hebron Projects. The company intends to use the funds to around 60,000 hours of additional local softwar... |
| 17.05.2024 | CoLab Software Raises $21M in Funding | CoLab Software, a St. John’s, Newfoundland, Canada-based technology company building collaboration solutions for mechanical engineering and hardware development teams, raised $21M in funding. The round was led by Insight Partners with parti... |
| 21.10.2021 | CoLab Raises $17M in Series A Funding | CoLab, a St John’s, Newfoundland and Labrador, Canada-based co-design platform for mechanical engineering teams, raised $17M in Series A funding. The round was led by Insight Partners with participation from VCs and Xometry, Onshape, GrabCA... |
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