Bedrock Robotics vs PTC
Side-by-side comparison of AI visibility scores, market position, and capabilities
Raised $270M Series B (Feb 2026) at $1.75B valuation backed by CapitalG and NVentures. Founded by Waymo veterans. Retrofits excavators and bulldozers for full autonomy on job sites.
About
Bedrock Robotics is the fastest-growing construction AI unicorn, having raised $270 million in Series B financing in February 2026 at a $1.75 billion valuation backed by Alphabet's CapitalG and Nvidia's NVentures — precisely the hardware and AI infrastructure investors positioned to understand the technology's potential. Founded in 2024 by Waymo veterans, the company transfers autonomous vehicle perception and planning technology to construction equipment.
Boston industrial CAD/PLM software (NASDAQ: PTC); FY2025 8.5% ARR growth, Kepware/ThingWorx IoT divested to TPG (Nov 2025) under new CEO Neil Barua competing with Siemens Teamcenter for discrete manufacturer PLM.
About
PTC Inc. is a Boston, Massachusetts-based industrial software company — publicly traded on NASDAQ (NASDAQ: PTC) as an S&P 500 component — providing computer-aided design (CAD), product lifecycle management (PLM), application lifecycle management (ALM), service lifecycle management (SLM), and industrial IoT software to manufacturers across aerospace, defense, automotive, medical devices, and industrial machinery. In FY2025 (fiscal year ended September 30, 2025), PTC reported 8.5% ARR growth and 16% free cash flow growth, with Q4 FY2025 revenue up 39% in constant currency and 18% year-over-year. CEO Neil Barua took over from long-tenured CEO James Heppelmann in February 2024 and introduced the "Barua Blueprint" refocusing PTC on its core CAD/PLM/ALM/SLM strengths. In November 2025, PTC announced the divestiture of its industrial IoT assets — Kepware and ThingWorx — to TPG, sharpening its portfolio around design and lifecycle management software. PTC's product portfolio includes Creo (3D parametric CAD for mechanical engineers), Windchill (PLM for product data and process management), Onshape (cloud-native CAD platform), and Arena (cloud-native PLM/QMS).
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