Fundraising Fox

Caddi

Tokyo, JP Β· Founded 2017 Β· 580 employees on LinkedIn Β· 7 known investors

CADDi builds an AI data platform for the manufacturing industry, alongside a procurement platform for custom (made-to-order) parts, using data and AI to unlock knowledge from the production floor. It serves discrete manufacturers globally, with reported reach across 22 countries.

Also known as CADDi Β· CADDi Co Ltd Β· キャディ

Founders & leadership

Caddi was founded in 2017 by Yushiro Kato and εŠ θ—€ ε‹‡εΏ—ιƒŽ.

YKYushiro Kato
Yushiro KatoinFounder & CEO
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Investors Β· 7

Also in the syndicate Β· 1

WiL (World Innovation Lab)

Valuation Β· disclosed

Disclosed events
$470Mvaluation at Series C extensionMar 2025
filing β†—

Source: SEC prospectus filings, and round valuations the company or its investors disclosed β€” follow each entry's link for the claim.

Company profile

researched Aug 2026

CADDi is a manufacturing software company headquartered in both Tokyo and Chicago that sells an AI data platform for discrete manufacturers. The platform ingests fragmented product and supply chain data β€” 2D drawings (including scanned hand-drafted and handwritten documents), 3D CAD models from systems such as Solidworks, CATIA and Autodesk Inventor, and records from ERP, PLM and PDM systems including SAP and NetSuite β€” and uses proprietary OCR-based AI to convert unstructured content into structured, searchable assets. It is architected in layers: a data layer for ingestion and analysis, a semantic layer that adds meaning and links related records, a discovery and agent layer for search, insight generation and autonomous task execution, and workflow products for design, procurement and manufacturing engineering functions.

The product line includes CADDi Drawer, a drawing data management application offering batch digitization, keyword and optical character recognition search, document linking of purchase orders, quality reports and revision notes, drawing difference identification, and a patented similarity search that uses machine vision to match parts by geometric shape across historical archives. CADDi Quote is a sourcing and RFQ application that analyzes RFQ drawings, surfaces prices for similar past parts, generates comparison tables and centralizes supplier communication. The company's site also lists CADDi Explorer, CADDi Agent, CADDi Composer, CADDi ALM, CADDi Process Review, CADDi Design Review and CADDi Cost Review as parts of the platform. Stated buyer benefits center on procurement cost reduction, supplier consolidation, value analysis/value engineering, design standardization and reuse, faster quoting, quality investigation and retention of retiring engineers' knowledge.

CADDi targets sectors including automotive, construction equipment, plant and chemical, heavy industry and heavy electrical equipment, and machinery and devices. Named customers include Hitachi, Kawasaki, Subaru, Tokyo Electron, Mitsubishi Materials USA and Dairy Conveyor Corporation, and the company has a partnership with DENSO.

Founding story

CADDi was founded in Tokyo in 2017 by Yushiro Kato, a former McKinsey consultant who co-led procurement for the manufacturing sector and worked on the shop floor, and Aki Kobashi, a Stanford-trained engineer who built data processing systems in coordination with NASA and JAXA before working at Apple on the iPhone and AirPods and at Lockheed Martin. The company began by quoting parts from drawings, coordinating with factories and inspecting quality itself, and was built on the founders' view that manufacturing expertise was scattered and at risk of being lost.

Business model

CADDi sells a cloud-based software platform to manufacturing enterprises, having moved away from its original transactional parts-sourcing model. Customers deploy applications such as CADDi Drawer and CADDi Quote across procurement, design engineering, sales, production, quality, service and IT functions, with sales conducted through demos and direct enterprise engagement.

Revenue comes from the software platform sold to manufacturers; management stated a target of $1 billion in software platform revenue by 2030 and declined to disclose current revenue or customer counts.

Traction

The company reports hundreds of customers within three years of launching the platform, including Hitachi, Kawasaki, Subaru and Tokyo Electron, plus more than 30,000 active platform users and a 4.9 average user rating. Reported customer outcomes include 100,000 hours saved at an automotive OEM, a 90%+ reduction in time investigating regulated substance usage at a semiconductor equipment maker, a 30% annual procurement cost reduction at an industrial machinery manufacturer, a 60% cut in fastener SKUs at an automotive parts supplier, and hundreds of hours per month saved at Subaru. Headcount was 600 in March 2025, with the company website later citing 750 global team members.

Latest developments

In March 2025 CADDi closed a $38 million Series C extension led by Atomico with continued participation from Global Brain and Minerva Growth, plus $30 million in long-term debt from Mizuho and other banks, and said it would fund further product development, additional vertical modules on top of the core platform, and expansion in the US followed by Europe, including doubling software engineering headcount from 150 to 300. The company's site lists an expanded application suite spanning discovery, agents, design review, cost review, process review, asset lifecycle management and RFQ.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

CADDi positions itself as an AI data platform and manufacturing intelligence layer that complements rather than replaces existing PLM, PDM and ERP systems. Its US site states it was rated the #1 manufacturing intelligence platform on G2 for results, usability and data models. Its lead investor described the company as operating at top-decile growth rates versus software benchmarks.

Differentiation rests on patented shape-based similarity search across decades-old and handwritten drawings, batch digitization of legacy drawing archives, and linkage of drawings to quotation, purchase, quality and ERP data so that pricing inconsistencies, duplicate parts and alternative suppliers can be surfaced at the part level.

Technology

Proprietary OCR-based AI extracts text, dimensions and shapes from technical drawings; patented machine-vision similarity search identifies structurally similar parts across archives regardless of orientation, age or whether the drawing is a rough sketch. The platform functions as a data lake that unifies CAD, ERP, PLM, PDM, CAM, spec sheet and quality data via CSV upload or API integration, layered with semantic linking, search and AI agents. The US site cites SOC-relevant security resources and 3D CAD integration and drawing comparison features.

Go-to-market

Direct enterprise sales supported by demo requests, product tours, webinars, white papers, trade shows and case studies; the US organization includes dedicated VP-level sales, customer success and partnership leadership, and CADDi promotes G2 reviews and named customer references.

Large global discrete manufacturers, particularly makers of factory machinery (food production, packaging and semiconductor manufacturing equipment) plus automotive and auto parts companies. Within customer organizations the most frequent users are procurement, design engineering and sales teams, with additional use by quality assurance, production, maintenance and IT functions.

Geography

Dual headquarters in Tokyo, Japan and Chicago, United States, with offices and customer coverage across the Americas (United States, Canada, Mexico), East Asia (Japan, China, Taiwan, South Korea, Hong Kong), Asia Pacific (Thailand, Vietnam, Singapore, Malaysia, Philippines, Indonesia, India) and EMEA (Germany, Italy, United Kingdom, Belgium, Spain, Israel, Algeria).

History

CADDi launched in 2017 as a tech-enabled manufacturing marketplace, effectively a parts broker sourcing components from customer drawings, and attracted investors including Arena Holding, DCM, DST Global, Globis Capital and World Innovation Lab. To operate the marketplace efficiently it developed AI models for drawing-based search, and about three years before March 2025 the founders pivoted to selling that technology as a cloud software platform, on which the company is now fully focused. It announced an $89 million Series C in July 2023 and a $38 million Series C extension led by Atomico in March 2025 at a $470 million valuation, bringing total venture funding to $202 million, alongside $30 million of long-term bank debt from Mizuho and other lenders.

Risks & controversies

Company leadership declined to disclose current revenue or total customer numbers. Stated market headwinds include tariffs and geopolitical tension affecting supply chains, legacy manufacturing software stacks that are 30 to 40 years out of date, workforce retirement and skills loss, and low confidence in unstructured data feeding AI initiatives.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Active platform usersJan 202630,000 users
Average user ratingJan 20264.9
Customer outcome - fastener SKU reductionMar 202560%
Customer outcome - hours savedJan 2026100,000 hours
Customer outcome - procurement cost reductionJan 202630%
EmployeesMar 2025600 people
Global team membersJan 2026750 people
Global team size (stated)Jan 2026nearing 1,000 people
HeadcountAug 2026580
Revenue targetJan 2030$1B
Software engineersMar 2025150 people
Total capital raisedMar 2025$202M
Valuation (post-money, Series C extension)Mar 2025$470M

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 8

launches, deals, and filings
Mar 2025
US expansion from Chicago base

Key members of the management team, including co-founder and CEO Yushiro Kato, relocated to Chicago to build a US team; the company operates headquarters in both Tokyo and Chicago and plans to double its software engineering staff from 150 to 300.

source β†—

Mar 2025
CADDi raises $38M Series C extension led by Atomico at a $470M valuation

CADDi announced a $38 million Series C extension led by Atomico, with participation from existing growth investors Global Brain and Minerva Growth. The company said the round valued it at $470 million and brought total venture funding since 2017 to $202 million. Proceeds are earmarked for product development and global expansion, starting in the US and then Europe.

$38M source β†—

Mar 2025
CADDi secures $30M in long-term bank debt

Alongside the Series C extension, CADDi secured $30 million in long-term debt financing from Mizuho and other banks.

$30M source β†—

Mar 2025
Partnership with DENSO

DENSO, the Japanese auto parts maker, has a partnership with CADDi and is working with the company to develop additional product features, including search of three-dimensional drawings in addition to 2D engineering schematics.

source β†—

Jul 2023
CADDi announces $89M Series C

CADDi announced an $89 million Series C round with participation from DCM Ventures, Globis Capital Partners, Minerva Growth Partners and WiL (World Innovation Lab).

$89M source β†—

Jan 2023
CEO Yushiro Kato named among Forbes' top 10 entrepreneurs

source β†—

Jan 2022
Pivot from parts marketplace to AI software platform

About three years before March 2025, founders Yushiro Kato and Aki Kobashi pivoted CADDi away from operating as a tech-enabled marketplace/parts broker for machinery components toward selling the AI software it had developed as a cloud-based platform for manufacturers.

source β†—

Jan 2019
CTO Aki Kobashi selected for Forbes 30 Under 30

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Caddi do?
CADDi is an AI data platform that structures manufacturers' technical drawings and supply chain data for search, sourcing and design reuse.
Who founded Caddi?
Caddi was founded by Yushiro Kato, εŠ θ—€ ε‹‡εΏ—ιƒŽ in 2017.
Who are Caddi's investors?
Caddi's investors include Coreline Ventures, DCM Ventures, Globis Capital Partners, Atomico, Founders' Co-op, Ubiquity Ventures.
Where is Caddi headquartered?
Caddi is headquartered in Tokyo, JP.