CoLab Software, founded in 2017 and based in St. John's, Newfoundland, is a cloud-based platform designed for hardware and mechanical engineering teams. The company was established by mechanical engineers Adam Keating and Jeremy Andrews and has grown rapidly, now employing over 150 people, including former employees from notable companies like Tesla and Rivian. CoLab has raised $40.1 million in funding, including a $21 million Series B round led by Insight Partners. The core offering of CoLab is EngineeringOS, a web-based tool that facilitates sharing CAD files, real-time collaboration, and automated design reviews. Key features include virtual design reviews with live commenting, an AI agent called AutoReview that enhances design processes, and integration with various PLM systems. CoLab's platform aims to improve efficiency in product development, helping teams reduce design cycles and lead times significantly. The company serves a range of sectors, including new product development and supplier collaboration, and is trusted by several Fortune 500 companies.