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Company overview

Formlabs manufactures a 3D printing ecosystem used for prototyping and in-house printing in the industrial, automotive, manufacturing, dental, and other industries. Alongside a series of industrial-quality 3D printers (Formlabs offers 5 different models), the OEM also manufactures post-processing machines for washing, curing, and finishing prints. The company also has a portfolio of 45 proprietary resins.

Formlabs’ hardware-as-a-service (HaaS) business model offers both full and hybrid options: Some customers purchase their printers outright, while others lease them short-term in order to scale, respond to supply chain shortages, or launch limited-edition products. Customers can also purchase accessories (materials, resin tanks, built platforms, etc.) as they require them.

Formlabs also has three proprietary software offerings—PreForm, which simplifies print preparation, and Dashboard, both of which are free; and Fleet Control, which is available at a monthly subscription cost. The company also offers service plans like dedicated phone support and “hot swap” replacements.

Customers and target markets

  • Google
  • Lufthansa
  • Hasbro
  • Sony
  • Ford

Company metrics

Headquarters:
Somerville, Massachusetts
Company size:
501-1000
Founded:
2011