CGTech
CGTech develops Vericut, a CNC simulation and verification software platform that builds digital twins of machine tools for manufacturers in aerospace, automotive, defense, industrial, medical, and energy sectors. Founded in 1988 and headquartered in Irvine, California, the firm sells globally via enterprise field sales and 12 localized regional websites.
- Company typePrivate
- Founded1988
- HeadquartersHove, United Kingdom
- Headcount501–1,000
- GTM typeB2B
- OfferingSoftware
What CGTech does
CGTech, founded in 1988 and headquartered in Irvine, California, develops Vericut, a specialized CNC simulation and verification software platform serving precision-manufacturing customers globally. The platform's core technology creates digital twins of CNC machines, allowing manufacturers to verify, validate, and optimize NC programs before running them on physical equipment; this eliminates machine crashes, reduces prove-out times, and shortens cycle times. The product is sold as a unified core platform (Vericut Verification) with a modular add-on architecture that includes Vericut CNC Simulation, Multi Axis, AUTO-DIFF comparison, Machine Probing, Grinder Dressing, Force Optimization, Machine Connectivity, Additive Manufacturing Simulation, a Composites suite (VCS, VCP, Optimizer, VDAF), Robot Simulation, Vericut Reviewer, and the Vericut AI (Intelligence) module. The company also markets the Vericut Icam Post sub-brand for CNC post-processing (latest version V27).
CGTech firmographics
Firmographics- Name
- CGTech
- Legal name
- CGTech
- Website
- https://cgtech.co.uk
- Company type
- Private
- Founded year
- 1988
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- CGTech develops Vericut, a CNC simulation and verification software platform that builds digital twins of machine tools for manufacturers in aerospace, automotive, defense, industrial, medical, and energy sectors. Founded in 1988 and headquartered in Irvine, California, the firm sells globally via enterprise field sales and 12 localized regional websites.
- Ownership category
- akta.pro rank
CGTech industry classification
Industry- Product category
- CNC Simulation Software
- NAICS
- Machine Tool Manufacturing (333517), Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515)
- SIC
- Special Industry Machinery, Nec (3559), Services-Testing Laboratories (8734)
- akta.pro primary industry
- CNC Machine Tools (Turning, Milling, Machining Centers) (IMAHADAA)
- akta.pro secondary industry
- Testing, Inspection, Certification & Commissioning (TICx) Technical Services (BPAHAIAL)
Keywords
Where CGTech is headquartered
LocationHeadquarters
- HQ city
- Hove
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
CGTech business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Software Licenses and Subscriptions: Vericut generates revenue through software licensing, including perpetual licenses and likely subscription models for ongoing software access, updates, and support services.
- Software Support and Maintenance: Existing users can access software support shop offering training resources and technical assistance to enhance CNC machining efforts.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels7 records
CGTech product offering
Product offeringCore offering
CGTech develops and sells Vericut, a CNC machine simulation and verification software platform that creates an identical digital twin of CNC machines, enabling manufacturers to verify, optimize, and analyze machining programs before running them on actual equipment. The product portfolio includes core verification, force optimization, multi-axis simulation, additive manufacturing, composite manufacturing, and AI-powered assistance modules sold to industrial manufacturers worldwide.
Product overview
CGTech's Vericut is a comprehensive CNC simulation software platform that creates digital twins of CNC machines for verification, optimization, and analysis of the manufacturing process. The platform operates as a unified core product (Vericut Verification) with multiple integrated modules covering CNC simulation, multi-axis operations, additive manufacturing, and composites. The product portfolio includes specialized add-ons such as Vericut Force Optimization for cutting parameter optimization, AUTO-DIFF for CAD comparison, and Machine Connectivity for shop floor integration. The Vericut Icam Post sub-brand provides post-processor solutions, while the Vericut AI (Intelligence) module adds AI-powered assistance capabilities. Vericut Composites offers dedicated solutions for composite manufacturing including VCS, VCP, Optimizer, and VDAF modules. The platform serves aerospace, automotive, industrial, medical, mold & die, oil & gas, defense, and job shop industries.
Differentiator
Problem solved
Functional benefit
Products and services
- Vericut Verification Core CNC verification software that creates a digital twin of CNC machines to simulate and validate the machining process before actual production. It simulates the entire CNC production process to ensure every cut is correct, preventing idle machines, damaged tools, collisions, and scrapped parts.
- Vericut Force Optimization Cutting force optimization technology that analyzes and optimizes machining parameters to reduce cycle time and tool wear, enabling significant cycle time reductions.
- Vericut AUTO-DIFF Automatic comparison technology that identifies differences between CAD models and machined parts, ensuring precision and quality control.
- Vericut Icam Post CNC post-processor solutions for converting CAD/CAM data into machine-readable NC code for various CNC systems.
- Additive Manufacturing Simulation Software Simulation capabilities for additive manufacturing processes alongside traditional subtractive methods, supporting 3D printing and layered manufacturing.
- Vericut Composites (VCS, VCP, Optimizer, VDAF) Software suite for composite materials and manufacturing, including Composite Simulation (VCS) for layup and curing process analysis, Composite Programming (VCP) for automated fiber placement, Optimizer for tool path optimization, and Drilling & Fastening (VDAF) for aerospace assembly operations.
- Robot Simulation Software Robot simulation software for offline programming and validation of robotic manufacturing cells.
- Vericut AI (Vericut Intelligence) AI-powered assistance and intelligence features integrated into the Vericut platform, providing smarter workflows, enhanced validation capabilities, and generative AI assistance for manufacturing productivity.
Quantifiable outcome
- Prove-out times reduced from 8 hours to 2 hours (75% reduction)
- +3 more outcomes
Companies that use CGTech
Customer profileNamed customers6 records
Segments9 records
Ideal customer profiles3 records
CGTech technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature9 records
CGTech partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Interface & Machine Tool PartnerscoreVericut maintains partnerships with interface providers and machine tool manufacturers as part of their ecosystem, enabling simulation across diverse CNC machine configurations and control systems. These partnerships ensure Vericut can accurately simulate the specific kinematics and control characteristics of different machine tools.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
CGTech competitors and assessment
Company assessmentDirect peers
- Mastercam (CNC Software): One of the most widely used CAM packages globally with integrated toolpath verification. Most directly comparable to Vericut as a CNC programming/validation tool used by the same job shops, aerospace, and mold & die customers.
- SolidCAM: CAM provider integrated with SolidWorks, offering iMachining and multi-axis capabilities. Comparable to Vericut in serving job shops and general manufacturing customers seeking integrated CAM + simulation.
- OPEN MIND Technologies (hyperMILL): Independent CAM vendor specializing in 2.5D to 5-axis milling and turning with integrated simulation. Directly competes with Vericut in mold & die, aerospace, and complex multi-axis machining.
- DP Technology (ESPRIT): Long-standing CAM software vendor (ESPRIT) with built-in simulation and post-processing. Closely comparable to Vericut as a focused, independent CAM/simulation specialist serving job shops and industrial manufacturers.
- Hexagon Manufacturing Intelligence (ESPRIT, Edgecam): Offers ESPRIT and Edgecam CAM solutions with built-in simulation aimed at the same CNC programming and verification workflows as Vericut across aerospace, automotive, and medical device customers.
- Tebis (Tebis Technische Informationssysteme AG): Independent CAM/process automation vendor with built-in NC simulation. Comparable to Vericut in serving mold, die, and aerospace manufacturers with end-to-end programming and verification workflows.
Broad incumbents
- Siemens NX (Siemens Digital Industries Software): Full CAD/CAM/CAE platform with built-in NC simulation, widely deployed in aerospace and automotive. Overlaps with Vericut on multi-axis verification but is a much broader PLM suite rather than a specialized simulation product.
- Dassault Systèmes CATIA / DELMIA: CATIA/DELMIA provides CAD/CAM and machining simulation for aerospace, automotive, and industrial customers. Comparable to Vericut for high-end multi-axis verification but as part of a comprehensive PLM portfolio.
- Autodesk Fusion 360 / PowerMill: Cloud-based CAD/CAM platform with integrated simulation and PowerMill for complex 3-axis/5-axis machining. Comparable to Vericut on the CAM + verification workflow, particularly for SMB and job shop segments.
Emerging players
- MachineMetrics: CNC machine connectivity and analytics platform with an adjacent footprint to Vericut's Machine Connectivity module. Relevant as a newer, cloud-native player expanding into the shop-floor software stack that Vericut addresses.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
CGTech social profiles
Digital presenceCGTech financial estimates
Financial estimateRevenue estimate
Valuation estimate
CGTech leadership team
Management profileNumber of profiles
CGTech funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CGTech 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 CGTech
What does CGTech do?
CGTech develops and sells Vericut, a CNC machine simulation and verification software platform that creates an identical digital twin of CNC machines, enabling manufacturers to verify, optimize, and analyze machining programs before running them on actual equipment. The product portfolio includes core verification, force optimization, multi-axis simulation, additive manufacturing, composite manufacturing, and AI-powered assistance modules sold to industrial manufacturers worldwide.
Is CGTech a public or private company?
CGTech is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CGTech founded?
CGTech was founded in 1988. It employs 501 to 1,000 people.
Where is CGTech based?
CGTech is headquartered in Hove, United Kingdom, in the Europe region.
How does CGTech make money?
Two revenue lines are on record. Software Licenses and Subscriptions are the primary driver. The others are software Support and Maintenance.
Who are CGTech's main competitors?
Direct peers on record are Mastercam (CNC Software), SolidCAM, OPEN MIND Technologies (hyperMILL), DP Technology (ESPRIT), Hexagon Manufacturing Intelligence (ESPRIT, Edgecam) and Tebis (Tebis Technische Informationssysteme AG). Broad incumbents are Siemens NX (Siemens Digital Industries Software), Dassault Systèmes CATIA / DELMIA and Autodesk Fusion 360 / PowerMill. MachineMetrics is listed as an emerging player.
Does CGTech have an API?
No public API is recorded for CGTech.
What industry is CGTech in?
CGTech's product category is CNC Simulation Software. Its primary akta.pro industry code is IMAHADAA, CNC Machine Tools (Turning, Milling, Machining Centers), with a secondary code of BPAHAIAL, Testing, Inspection, Certification & Commissioning (TICx) Technical Services. Its NAICS code is 333517 and its SIC code is 3559.