St. John’s-based CoLab Software has raised $98 million in a Series C funding round to accelerate its AI-driven transformation of engineering collaboration.
CoLab’s flagship platform—EngineeringOS—helps hardware and manufacturing teams make faster, smarter decisions by combining AI with engineering workflows. Its first AI agent, AutoReview, already has more than 47,000 engineers on the waitlist, and clients include global leaders like Ford, Lockheed Martin, and Schneider Electric.
“We’re on a mission to empower every engineer to do their best work,” said CoLab CEO Adam Keating. “This funding is fuel to accelerate how AI transforms engineering at scale.”
Growing Fast—and Hiring Faster
With its new funding, CoLab is expanding its team rapidly. According to the company’s careers page, headcount has grown from under 100 to 160 employees in the past year alone.
CoLab emphasizes a culture built on Kindness & Respect, One Team, One Mission, and Ownership Mentality—with a healthy dose of Grit. Employees enjoy comprehensive benefits including health and dental coverage, RRSP and 401K matching, stock options, and unlimited PTO, with remote-friendly work options.
While specific open roles vary, CoLab is currently hiring for these roles in Canada:
Why It Matters for Tech Talent
CoLab’s rise represents a rare combination in Canada’s tech scene: deep engineering roots, global reach, and category-defining AI ambition. For talent looking to work on hard tech problems that span software and manufacturing, this is a company to watch — and join.
Explore current opportunities on the Techtalent.ca Job Board.