Fictiv

Fictiv

Digital platform for custom parts sourcing

About

Fictiv simplifies the sourcing of custom-manufactured parts for businesses across various industries, such as automotive and robotics. The platform connects clients with a global network of vetted manufacturing partners, allowing for low-volume production without the need for expensive tooling. Businesses can quickly obtain instant quotes, analyze parts for manufacturability, and receive updates on production status, making the process efficient and straightforward. Additionally, Fictiv offers consultation services where technical experts provide design optimization advice through chat or video calls. The goal of Fictiv is to streamline the custom parts sourcing process, reducing supply chain risks and enhancing operational efficiency for its clients.

Company Stage

Series E

Employees

201-500

Industries

Consulting, Industrial & Manufacturing

Total Funding

$187.7M

Headquarters

San Francisco, California

Founded

2013


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Simplify's Take

What believers are saying

  • Expansion into Mexico mitigates supply chain risks and offers economical pricing.
  • Carbon DLS technology enhances 3D printing capabilities for high-volume production.
  • Soft robotics involvement positions Fictiv in a market projected to reach $22 billion by 2030.

What critics are saying

  • New tariffs on imports could increase costs and disrupt Fictiv's supply chains.
  • Soft robotics market growth may attract competitors, impacting Fictiv's market share.
  • Political instability in Mexico could challenge Fictiv's new operations and partnerships.

What makes Fictiv unique

  • Fictiv's OS streamlines custom manufacturing with a global network of vetted partners.
  • The platform offers instant quotes and manufacturability analysis, enhancing customer experience.
  • Fictiv's AI-powered tools optimize design and material selection, reducing time and costs.

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Growth & Insights
Headcount

6 month growth

6%

1 year growth

19%

2 year growth

37%

Benefits

Free catered lunch, snacks, and drinks

Learning and development stipend

Paid parental leave

Equity options

Wellness stipend

Paid volunteer days

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