St. John’s-based CoLab has secured $72 million USD in Series C funding led by Intrepid Growth Partners, reaffirming its leadership in artificial intelligence for engineering collaboration. Existing investors Insight Partners, Y Combinator, Pelorus VC, Killick Capital, and Spider Capital also participated, with Insight increasing its position.
CoLab’s EngineeringOS platform is used by Ford, Lockheed Martin, and Schneider Electric to streamline design reviews and improve decision-making. Since unveiling its AI peer-checker AutoReview in June, the company has added over 47,000 engineers to its waitlist and is on pace to triple revenue in 2025.
Want to know more? Check out the source code here.