Fictiv

Fictiv

Digital platform for custom parts sourcing

About

Fictiv simplifies the sourcing of custom-manufactured parts for businesses across various industries, including automotive and robotics. The platform connects clients with a global network of vetted manufacturing partners, allowing for low-volume production without the need for costly tooling. Clients can receive instant quotes, have their parts analyzed for manufacturability, and get real-time updates on production status. Additionally, Fictiv offers consultation services where technical experts provide design optimization advice through chat or video calls. The goal of Fictiv is to make the process of obtaining custom parts fast, easy, and efficient, reducing supply chain risks and enhancing manufacturability.

Company Stage

Series E

Employees

201-500

Industries

Consulting, Industrial & Manufacturing

Total Funding

$187.7M

Headquarters

N/A

Founded

2013


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Simplify's Take

What believers are saying

  • Fictiv's recent expansion into Mexico and the addition of 14 new materials to its 3D printing service demonstrate its commitment to growth and innovation.
  • The launch of hybrid injection molding and AI capabilities like Materials.AI highlight Fictiv's focus on cutting-edge technology to meet diverse client needs.
  • Partnerships with companies like m'Chel Haircare showcase Fictiv's ability to accelerate time-to-market and handle complex manufacturing challenges effectively.

What critics are saying

  • The competitive landscape in custom manufacturing is intense, with numerous players vying for market share.
  • Supply chain disruptions, despite a global network, could still pose risks to timely delivery and client satisfaction.

What makes Fictiv unique

  • Fictiv's global network of vetted manufacturing partners offers virtually unlimited low-volume manufacturing capacity, setting it apart from competitors with more limited networks.
  • The company's instant quoting and on-demand production status updates streamline the custom parts sourcing process, providing a hassle-free experience for clients.
  • Fictiv's AI-powered technology platform and consultation services for design optimization further enhance its competitive edge in the custom manufacturing sector.

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Growth & Insights
Headcount

6 month growth

8%

1 year growth

17%

2 year growth

31%

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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