Collaborative Robotics vs PTC
Side-by-side comparison of AI visibility scores, market position, and capabilities
Santa Clara AI-native cobot with VLMs for cage-free human collaboration; $140M+ ($100M General Catalyst/Sequoia/Khosla Series B Apr 2024) from Amazon Robotics VP founder competing with Universal Robots for flexible manufacturing and logistics.
About
Collaborative Robotics (Cobot) is a Santa Clara, California-based AI-native collaborative robot company — backed with $140+ million in total funding including a $100 million Series B in April 2024 led by General Catalyst with Bison Ventures, Industry Ventures, Lux Capital, Sequoia Capital, Khosla Ventures, and Mayo Clinic — providing manufacturing, logistics, and healthcare facilities with Proxie: the company's flagship collaborative robot that uses vision-language models (VLMs) and generative AI to adapt to real-world environments and work safely alongside humans without cages or extensive programming. Founded in 2022 by Brad Porter — former Vice President of Robotics at Amazon (where he built Amazon Robotics from 30 to 12,000+ robots) and former CTO of Scale AI — Collaborative Robotics is applying frontier AI to collaborative robotics with a team of robotics and AI researchers from Amazon, Google, and leading robotics programs.
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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