Process and requirements tracker for small hardware engineering firms

Process and requirements tracker for small hardware engineering firms targets a $360M = 90,000 small hardware engineering firms x $4K ACV. Assumes 90k global 1-10 person firms doing contract or custom product engineering, willing to pay roughly $300/month or $4k/year for a tool that wins contracts and cuts rework. total addressable market with medium saturation and a year-over-year growth rate of 10% - digital tools adoption in engineering and PLM/ALM integration growth.

Key trends driving demand: Embedded product complexity -- more electronics and software increase the need for cross-discipline traceability and BOM accuracy.; Supply chain volatility -- frequent part substitutions and long lead times make automated RFQ/BOM management valuable to small teams.; API-enabled ECAD/MCAD tools -- modern tools expose APIs enabling automatic extraction of parts, drawings, and revision histories.; Shift toward contracting and design-for-outsource -- small firms need crisp documentation and RFQs to win outsourced manufacturing and subcontract work..