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CoLab Software

CoLab Software

st john’s, newfoundland and labrador, canada

About

Your most critical product decisions are made everyday in design reviews. But as products get more complex and teams become larger and more specialized, the design review process looks the same as it did 10-20 years ago. So what happens? -43% of design feedback is never documented or addressed -87% of engineering leaders say it takes hours or days to trace the rationale behind a single design decision -90% of companies have product launch delays due to late-stage design changes. These problems won’t be solved by more meetings, better PLM workflows or increased pressure to keep slide decks and spreadsheets up-to-date. These are problems that require a completely new way for engineering teams to work together. CoLab is a cloud based platform purpose built for fast, effective design review. Using CoLab, multiple engineers, designers, and other stakeholders can review designs together and build off one another's feedback.
 CoLab makes it easy to review the right data (including CAD) with all the right people, capture useful feedback, and track issues through to action. CoLab pulls together design discussions previously lost in emails, spreadsheets, and notebooks into a single platform that integrates back into PLM. We call it a Design Engagement System.

Company Details

HQ Location

st john’s, newfoundland and labrador, canada

Industry

software development

Employees

126

Founded

2017

st john’s

251 E White Hills Rd, st john’s, newfoundland and labrador, canada

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Funding

SERIES_B

2024-5-9

Last round

$21.00M

Rounds

6

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