Fundraising Fox

Toolpath Labs

Founded 2021 · 11 employees on LinkedIn · 4 known investors

Toolpath makes CNC machining software, including a Fusion add-in, tool libraries with a search tool for shop-language queries, an AI agent for machining tasks, and a toolpath generation engine for CAM workflows. It serves machinists and CNC programmers.

Founders & leadership

Toolpath Labs was founded in 2021 by Andy Powell.

APAndy Powell
Andy PowellinCEO & Co-founderAndy Powell is co-founder and CEO of Toolpath, which makes CNC machining software for shops. Previously, he founded and led CallRail as CEO from 2011 to 2021, and holds a degree in Industrial and Systems Engineering from Georgia Tech.

Investors · 4

Also in the syndicate · 1

Kennametallead

Funding

SEC filings, press & company announcements

$10M disclosed across 1 of 2 rounds · 2024–2025

  • Undisclosed amountStrategic Investment RoundMay 2025

    Kennametal (lead)

    Source ↗
  • $10MSeedSep 2024 · 2 sources
    Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Competitors · 3

by search overlap

Companies competing with Toolpath Labs for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Toolpath Labs do?
Toolpath makes CNC machining software, including a Fusion add-in, tool libraries with a search tool for shop-language queries, an AI agent for machining tasks, and a toolpath generation engine for CAM workflows. It serves machinists and CNC programmers.
Who founded Toolpath Labs?
Toolpath Labs was founded by Andy Powell in 2021.
Who are Toolpath Labs's investors?
Toolpath Labs's investors include BLH Venture Partners, LLC, Service Provider Capital, Tech Square Ventures.
How much funding has Toolpath Labs raised?
Toolpath Labs has disclosed $10M raised across 1 of its 2 known rounds.