CoLab has raised $72 million in Series C funding, reinforcing its leadership in AI for engineering. The funding round follows the breakout success of AutoReview, CoLab’s first AI agent launched in June. Since its debut, more than 47,000 engineers have joined the waitlist, driving a surge in demand and positioning the company to nearly triple its revenue by 2025.
The Series C round was led by Intrepid Growth Partners, a growth-stage investor known for backing next-generation AI market leaders. Existing investors, including Insight Partners, which expanded its stake with a super pro rata investment, and returning backers Y Combinator, Pelorus VC, Killick Capital, and Spider Capital, also participated. Their continued support reflects strong confidence in CoLab’s momentum and category dominance.
AI Authority Trend: mimik Fuels Abu Dhabi Edge AI Revolution with New Joint Venture
Powering engineering for top global manufacturers such as Ford, Lockheed Martin, GE Appliances, Johnson Controls, and Schneider Electric, CoLab’s AI-driven EngineeringOS is transforming how design teams collaborate, analyze technical data, and make critical decisions.
“Behind every feat of engineering, there’s thousands of design decisions. And the most critical decisions in industry still happen slowly in 20-person meetings, weeks apart,” says Adam Keating, Co-Founder and CEO. “CoLab is changing that. We envision a world where skilled engineers collaborate with AI agents that can access their entire company’s collective knowledge, collapsing design cycles from months to hours.”
Engineering design for complex products typically involves months of iterations, reviews, and simulations before reaching production. AI is now accelerating this process from generative CAD tools that propose design concepts instantly to AI-driven simulations that validate them in seconds. Yet, the final judgment still lies in human expertise.
“Even with faster tools, engineering still depends on human judgment the knowledge, intuition, and trade-offs captured in design reviews. That’s where CoLab comes in,” explains Mark Shulgan, Co-founder and Partner at Intrepid Growth Partners, who recently joined CoLab’s board. “The company is building the decision-making layer that connects people, data, and AI so teams can apply their expertise faster and more effectively than ever before.”
For the past eight years, CoLab has digitized millions of expert annotations across 2D and 3D design files, creating a unique knowledge model that captures the why behind every design change. “Every design decision leaves behind context: the discussions, tradeoffs, and rationale that explain why a product is designed a certain way,” says Co-founder and CTO Jeremy Andrews. “What we’ve learned is capturing that knowledge is a user-experience problem. Engineers will only share what they know if the process feels natural and valuable – and that’s the breakthrough CoLab has made.”
AI Authority Trend: Tachyum Supports Next Stage of AI Revolution Behind FP4 Data Type
As the manufacturing workforce ages, the risk of losing decades of accumulated expertise grows. “North America and Europe have led the way in advanced design and manufacturing for decades – but the rest of the world is catching up. We risk losing even more ground if we don’t capture and scale our engineering knowledge now,” warns Josh Fredberg, Managing Director at Insight Partners.
Launched in June, AutoReview an AI peer checker that annotates models and drawings has gained strong traction, with customers like TPI Composites and RYOBI (a TTI company) reporting significant efficiency boosts.
Keating adds, “We’ve had executive teams – not just engineering leadership, but CEOs, CFOs, and cross-functional leadership – asking us to build their AI strategies with them. Many are already making 7-figure bets with CoLab. It’s clear AI isn’t just an interesting experiment any more – it’s a competitive advantage in their top-down strategy.”
With the new funding, CoLab plans to expand its AI capabilities, develop new agents, enhance integrations with engineering and AI tools, and strengthen partnerships and go-to-market operations. The company also aims to announce major new products and collaborations before the end of the year.
AI Authority Trend: Voicing AI Revolutionizes Real-Time Enterprise Voice with Ultra-Fast AI
To share your insights, please write to us at info@intentamplify.com
