Toolpath
Toolpath is an AI-powered CNC machining automation platform that uses reinforcement learning to accelerate quoting, DFM review, and CAM programming for machine shops and job shops, delivered as cloud SaaS and an official Autodesk Fusion Add-In.
- Company typePrivate
- Founded2021
- HeadquartersBedford, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Toolpath does
Toolpath Labs, Inc. (doing business as Toolpath) is an AI-powered CNC machining automation platform founded in 2021 and headquartered in Bedford Heights, Ohio. The company targets machine shops, job shops, and precision parts manufacturers that face skilled-labor shortages and need to accelerate quoting, design-for-manufacturability (DFM) review, and CAM programming. Its core product ingests STEP CAD files and uses a reinforcement-learning-based engine to automatically identify machinable features, recommend tooling, estimate cycle times and costs, and generate toolpath programs for 3-axis and 3+2-axis CNC milling. The platform is delivered as a cloud-based SaaS web application (app.toolpath.com) and as an official Add-In inside Autodesk Fusion, with native Fusion tool-library import and workholding automation capabilities. A separate free tool, Pretool, supports bulk editing of Fusion tool presets.
Toolpath operates a hybrid go-to-market combining product-led growth (free trial, no credit card, self-serve onboarding) with a sales-led enterprise tier for organizations exceeding 25 users or 100 machines. The published Team plan is priced at $125/seat/month billed annually ($160/seat month-to-month), with additional API and Pro tiers and custom Enterprise pricing that includes ITAR-compliant Amazon GovCloud deployment, single sign-on, dedicated support, and unlimited usage. Distribution leverages the Autodesk Fusion ecosystem as a primary channel, supplemented by direct enterprise sales, content marketing (blog and comprehensive support documentation), and industry events such as IMTS 2026.
The company is venture-backed and privately held. Strategic equity investors include Autodesk, Kennametal, and ModuleWorks, with a $10 million seed round closed in May 2026 co-led by Tech Square Ventures and BLH Venture Partners and participation from Carl Bass and John Saunders. Toolpath operates an R&D shop in Bedford, Ohio where it physically tests its estimates and machining programs, and runs its infrastructure on AWS (S3, Lambda, RDS, US East 1) with Stripe for billing. Headcount is 1–10 employees.
Toolpath firmographics
Firmographics- Name
- Toolpath
- Legal name
- Toolpath Labs, Inc.
- Website
- https://toolpath.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Toolpath is an AI-powered CNC machining automation platform that uses reinforcement learning to accelerate quoting, DFM review, and CAM programming for machine shops and job shops, delivered as cloud SaaS and an official Autodesk Fusion Add-In.
- Ownership category
- akta.pro rank
Toolpath industry classification
Industry- Product category
- CAM Software / CNC Machining Software
- NAICS
- Machine Tool Manufacturing (333517)
- SIC
- Machine Tools, Metal Cutting Types (3541)
- akta.pro primary industry
- CAM Toolpath Generation & DfAM Optimization (IMAAACAB)
- akta.pro secondary industries
- Motion & Machine Control (CNC, Robotics Controllers, Servo/Motion Controllers) (IMAGABAG), Industrial Controllers & Control Systems (PLCs, PACs, CNC Controllers) (IMAHAHAH)
Keywords
Where Toolpath is headquartered
LocationHeadquarters
- HQ city
- Bedford
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Toolpath business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- SaaS Subscription - Team Tier: Per-seat SaaS subscription model at $125/seat/month billed annually or $160/month for month-to-month. Includes AI-powered quoting and CAM automation with up to 25 seats, part & geometry overview, DFM analysis, tooling recommendations, cost & cycle-time estimating, automated quoting, shop-specific tool libraries, automated toolpath generation, and Autodesk Fusion integration.
- Enterprise Plans: Custom enterprise pricing for companies with more than 25 users or 100 machines, featuring ITAR compliance, Amazon GovCloud deployment, single sign-on, dedicated support, and unlimited usage.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free Trial - No credit card required |
| Subscription | Annual | Team Plan - $125/seat/month |
| Subscription | Monthly | API Plan |
| Subscription | Monthly | Pro Plan |
| Subscription | Multi-year contract | Enterprise - Custom Pricing |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
Toolpath product offering
Product offeringCore offering
Toolpath provides a cloud-based AI-powered CNC machining platform that automates design-for-manufacturability (DFM) analysis, quoting and estimating, and CAM programming for 3-axis and 3+2-axis milling. The platform accepts STEP files, identifies machinable features, recommends tooling, generates cycle time and cost estimates, and produces CNC toolpath programs that can be exported to Autodesk Fusion. It is sold to CNC machine shops, job shops, and precision parts manufacturers as a per-seat SaaS subscription with a self-serve free trial.
Product overview
Toolpath is a unified AI-powered CNC machining automation platform consisting of core modules for DFM analysis, quoting/estimating, and CAM automation. The main Toolpath AI CAM Platform serves as the central product, with the Toolpath Add-In for Autodesk Fusion providing native CAM integration. Shop-specific tool libraries and cut configs allow customization to individual shop workflows. The platform accepts STEP files for part analysis and exports toolpaths to Fusion for post-processing. Recent updates include Experimental Mode for in-app toolpaths and flexible quoting capabilities.
Differentiator
Problem solved
Functional benefit
Products and services
- Toolpath AI CAM Platform AI-powered CNC machining automation platform that analyzes part geometry (STEP files) to identify machinable features, generate tooling recommendations, estimate cycle times and costs, and produce CNC toolpath programs for 3-axis and 3+2-axis milling. Sold to CNC machine shops, job shops, and precision parts manufacturers via SaaS subscription.
- Toolpath Add-In for Autodesk Fusion Native Autodesk Fusion add-in enabling users to generate, export, and post-process toolpaths directly inside Autodesk Fusion, with Send to Toolpath and Export to Fusion workflows. Available for Windows (MSI) and macOS.
- Toolpath Web Application Cloud-based web application delivering the Toolpath AI CAM Platform. Supports part uploads via drag-and-drop, email ([email protected]), or direct Fusion integration, and enables self-serve sign-up with a free trial that does not require a credit card.
- Pretool
Quantifiable outcome
- DFM review time reduced from hours to 10 seconds
- +1 more outcomes
Companies that use Toolpath
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Toolpath technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability5 records
Feature9 records
Toolpath partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- ModuleWorkscoreModuleWorks, a software company specializing in toolpath generation and simulation, made a strategic investment in Toolpath Labs as part of a funding round led by Kennametal. This investment builds on a technology partnership established in September 2024, intended to accelerate development of AI-driven solutions for manufacturing including automation and intelligent estimation tools for machine shops. ModuleWorks technology powers experimental in-app toolpaths.
- StripeminorStripe is used as a payment processor for Toolpath subscriptions. Toolpath uses Stripe for payment processing and storage of payment instrument data.
- Amazon Web ServicesminorToolpath's infrastructure runs on AWS, with services including S3 buckets for data storage with built-in data-at-rest encryption, Lambda, and RDS in US East 1 region. Status page shows AWS Lambda US East 1 and AWS RDS US East 1 as operational dependencies.
Scale indicators4 records
Recent moves6 records
Expansion highlights7 records
Toolpath competitors and assessment
Company assessmentBroad incumbents
- Autodesk Fusion (formerly Fusion 360): Autodesk's flagship CAD/CAM platform is the dominant cloud-native CAM environment and Toolpath's primary integration partner via the Fusion Add-In. Fusion provides the CAD/CAM front-end Toolpath extends with AI automation, and Autodesk is also a strategic investor in Toolpath — making them simultaneously the closest peer and the most strategically important partner.
- Siemens NX CAM: Siemens NX is a high-end CAD/CAM/CAE suite used by large manufacturers and aerospace/defense customers. It is part of a broader PLM portfolio rather than a specialized CAM tool, but competes for the same enterprise manufacturing software dollars as Toolpath's enterprise tier.
- Hexagon ESPRIT CAM: Hexagon's ESPRIT CAM is a full-feature CAM platform serving production machining across milling, turning, and multi-axis. As part of Hexagon's broader manufacturing intelligence portfolio, it competes with Toolpath in the same machine shop segment but with deeper enterprise and metrology integration.
Direct peers
- Mastercam: Mastercam is the largest installed-base CAM software globally, used by tens of thousands of machine shops for milling and turning. It competes directly with Toolpath's CAM automation positioning but relies on manual programming rather than AI-driven automation, making it the incumbent Toolpath is most directly trying to displace.
- SolidCAM: SolidCAM is a leading CAM solution tightly integrated with SolidWorks, offering iMachining and other automation features for CNC programming. It serves the same machine shop and job shop customer base as Toolpath and competes on programming efficiency — the exact workflow Toolpath is automating with AI.
- GibbsCAM: GibbsCAM is a long-established CAM platform focused on programming for production machining, with strong positioning in multi-axis milling and turning. It targets the same CNC machine shop customers as Toolpath and represents the traditional on-premise CAM incumbent that AI-driven competitors are increasingly displacing.
- ModuleWorks: ModuleWorks is the leading provider of toolpath generation and simulation components that power most major CAM systems. Toolpath partners with ModuleWorks (and ModuleWorks is an investor), and ModuleWorks' own software products compete in adjacent CAM components — making ModuleWorks simultaneously a technology supplier, investor, and partial competitor.
Emerging players
- nTopology: nTopology applies generative design and advanced manufacturing software to optimize parts for additive and CNC manufacturing. While its core wedge is design optimization for AM, it overlaps with Toolpath's DfAM and manufacturability analysis features and targets similar advanced manufacturing customers.
- CloudNC: CloudNC uses AI to automate CAM programming and machining strategies, with a similar value proposition to Toolpath: compressing the time between design and running part. It represents a directly comparable emerging AI-CAM peer, though with broader manufacturing verticals including aerospace.
Others
- Onshape (by PTC): Onshape is a cloud-native CAD platform that shares Toolpath's SaaS-first, collaboration-friendly architecture philosophy and serves a similar SMB-to-mid-market manufacturing customer base. While not a direct CAM competitor, it represents the broader cloud-CAD ecosystem in which Toolpath's AI automation layer increasingly sits.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Toolpath financial estimates
Financial estimateRevenue estimate
Valuation estimate
Toolpath leadership team
Management profileNumber of profiles
Profiles7 records
Toolpath funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Toolpath M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Toolpath
What does Toolpath do?
Toolpath provides a cloud-based AI-powered CNC machining platform that automates design-for-manufacturability (DFM) analysis, quoting and estimating, and CAM programming for 3-axis and 3+2-axis milling. The platform accepts STEP files, identifies machinable features, recommends tooling, generates cycle time and cost estimates, and produces CNC toolpath programs that can be exported to Autodesk Fusion. It is sold to CNC machine shops, job shops, and precision parts manufacturers as a per-seat SaaS subscription with a self-serve free trial.
Is Toolpath a public or private company?
Toolpath is a private company. It is classified as venture growth investor backed and is currently operating.
When was Toolpath founded?
Toolpath was founded in 2021. It employs 11 to 50 people.
Where is Toolpath based?
Toolpath is headquartered in Bedford, United States, in the North America region.
How does Toolpath make money?
Two revenue lines are on record. SaaS Subscription - Team Tier is the primary driver. The others are enterprise Plans.
Who are Toolpath's main competitors?
Broad incumbents on record are Autodesk Fusion (formerly Fusion 360), Siemens NX CAM and Hexagon ESPRIT CAM. Direct peers are Mastercam, SolidCAM, GibbsCAM and ModuleWorks. Emerging players are nTopology and CloudNC. Onshape (by PTC) is listed as an others.
Does Toolpath have an API?
No public API is recorded for Toolpath.
What industry is Toolpath in?
Toolpath's product category is CAM Software / CNC Machining Software. Its primary akta.pro industry code is IMAAACAB, CAM Toolpath Generation & DfAM Optimization, with a secondary code of IMAGABAG, Motion & Machine Control (CNC, Robotics Controllers, Servo/Motion Controllers). Its NAICS code is 333517 and its SIC code is 3541.