Formlabs Analysis: $254M Raised
What is Formlabs?
Formlabs specializes in professional stereolithography (SLA) and selective laser sintering (SLS) 3D printers. Their innovative approach combines high-resolution printing with a wide range of materials, enabling rapid prototyping and production. This technology empowers professionals across various industries to create complex parts efficiently and effectively.
Location
35 Medford Street, Somerville, Massachusetts 02143, United States
Employees
501-1000
Founded
2011
Address
35 Medford St Ste 201, Somerville, MA 02143, US
Latest Funding Round Size
Series E
Public Company Status
Private
Recent Funding Round
Series E
Recent Venture Round Amount
$150,000,000
State of Headquarters
Massachusetts
Product Features & Capabilities
- High-resolution SLA 3D printers
- Selective laser sintering (SLS) printers
- Extensive range of high-performance materials
- Advanced software for print preparation
- Post-processing solutions for enhanced part quality.
Use Cases
Rapid prototyping for product development; Manufacturing aids for production efficiency; Custom dental applications for precise fittings; Aerospace component production for lightweight designs; Medical device prototyping for innovative healthcare solutions.
How much Formlabs raised
Seed Round - $1.8M
November 2011Lead Investor: SOSV
Product Crowdfunding - $2.9M
October 2012Series A - $19M
October 2013Lead Investor: DFJ Growth
Series B - $35M
August 2016Lead Investor: Foundry Group
Series C - $30M
April 2018Lead Investor: Tyche Partners
Series D - $15M
August 2018Lead Investor: New Enterprise Associates
Series E - $150M
May 19, 2021Lead Investor: SoftBank Vision Fund
Who are the founders of Formlabs
NG
Nick Graham
Chief Revenue Officer
Other Considerations
Over 130,000 printers trusted by professionals; Offers more than 45 high-performance materials; Notable clients include NASA and Ford.
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Financial Overview
$254MTotal Raised
Seed Round$1.8M
November 2011
Investors: SOSV
Product Crowdfunding$2.9M
October 2012
Series A$19M
October 2013
Investors: DFJ Growth
Series B$35M
August 2016
Investors: Foundry Group
Series C$30M
April 2018
Investors: Tyche Partners
Series D$15M
August 2018
Investors: New Enterprise Associates
Venture Round
January 2019
Investors: Vintage Investment Partners
Series E$150M
May 19, 2021
Investors: SoftBank Vision Fund