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Parametric Technology Corporation

Needham, Massachusetts, United States

2023 Revenue

$1.9B

Funding

$0

Team

214

Founded

1985

How Parametric Technology Corporation CEO Neil Barua grew to $1.9B revenue with a 214 person team in 2023.

PTC (NASDAQ: PTC) unleashes industrial innovation with award-winning, market-proven solutions that enable companies to differentiate their products and services, improve operational excellence, and increase workforce productivity. With PTC, and its partner ecosystem, manufacturers can capitalize on the promise of today’s new technology to drive digital transformation. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status

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Parametric Technology Corporation Revenue

In 2023, Parametric Technology Corporation's revenue reached $1.9B. Since its launch in 1985, Parametric Technology Corporation has shown consistent revenue growth.

Parametric Technology Corporation Revenue GrowthReported revenue / ARR over time$0$500M$1B$2B$2B$3B19851987198919911993199519971999200120032005200720092011201320152017201920212023$0$2BSource: GetLatka.com
YearMilestoneQuote
2023Parametric Technology Corporation Hit $1.9b revenue in December 2023
1985Launched with $0 revenue

Parametric Technology Corporation Valuation, Funding Rounds

Parametric Technology Corporation is a bootstrapped PLM Software startup. Founded in 1985, Parametric Technology Corporation has grown to $1.9B in revenue without raising any venture capital or outside funding.

As a self-funded PLM Software SaaS company, Parametric Technology Corporation has built its business with no outside investment.

Parametric Technology Corporation Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$11985Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Neil Barua

Neil Barua is listed as Founder / CEO at Parametric Technology Corporation.

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Customers

We do not have customer count information for Parametric Technology Corporation yet.

Parametric Technology Corporation Employees & Team Size

Parametric Technology Corporation employs approximately 214 people as of 2026, up from 205 in 2022.

Parametric Technology Corporation Team GrowthReported headcount over time0501001502002501985198719891991199319951997199920012003200520072009201120132015201720192021202300214214Source: GetLatka.com
YearMilestone
2023Reached 214 employees (December 2023)
2022Reached 205 employees (December 2022)

Frequently Asked Questions about Parametric Technology Corporation

What is Parametric Technology Corporation's revenue?

Parametric Technology Corporation generates $1.9B in revenue.

Who founded Parametric Technology Corporation?

Parametric Technology Corporation was founded by Neil Barua.

Who is the CEO of Parametric Technology Corporation?

The CEO of Parametric Technology Corporation is Neil Barua.

How much funding does Parametric Technology Corporation have?

Parametric Technology Corporation raised $0.

How many employees does Parametric Technology Corporation have?

Parametric Technology Corporation has 214 employees.

Where is Parametric Technology Corporation headquarters?

Parametric Technology Corporation is headquartered in Needham, Massachusetts, United States.

Compare Parametric Technology Corporation to the industry

Parametric Technology Corporation operates across multiple industries. Browse revenue, funding, and growth data for Parametric Technology Corporation in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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