Freeform vs PTC
Side-by-side comparison of AI visibility scores, market position, and capabilities
Raised $67M Series B (Feb 2026) from Founders Fund, NVIDIA, and Two Sigma. Fast Company Most Innovative 2026. Launching Skyfall laser metal printing platform. SpaceX customer.
About
Freeform is an AI-native metal manufacturing company developing the Skyfall laser metal printing platform — launching in H1 2026 with the claimed capability to produce thousands of kilograms of precision metal parts per day. The company raised $67 million in Series B financing in February 2026 from Founders Fund, NVIDIA NVentures, and Two Sigma Ventures, and was named to Fast Company's World's Most Innovative Companies of 2026. SpaceX is an existing customer — clearing the most demanding qualification standard in aerospace manufacturing.
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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