Fictiv

Fictiv

Digital platform for custom parts sourcing

About Fictiv

Simplify's Rating
Why Fictiv is rated
A-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Consulting

Industrial & Manufacturing

Company Size

201-500

Company Stage

Series E

Total Funding

$193M

Headquarters

San Francisco, California

Founded

2013

Overview

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, receive manufacturability analysis, and track production status updates, making the process efficient and straightforward. Fictiv also provides on-demand consultation services where technical experts offer design optimization suggestions. The company's goal is to streamline the custom parts sourcing process, reducing supply chain risks and enhancing operational efficiency for its clients.

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Simplify's Take

What believers are saying

  • AI-driven design tools enhance efficiency and reduce time-to-market for custom parts.
  • Hybrid manufacturing solutions optimize production processes, combining traditional and digital techniques.
  • On-demand manufacturing platforms enable flexible scaling of production, similar to Fictiv's model.

What critics are saying

  • Increased tariffs on imports could raise costs for Fictiv and its clients.
  • Emphasis on U.S. manufacturing could disrupt Fictiv's global network strategy.
  • Competitors' new AI capabilities may pressure Fictiv to continuously innovate.

What makes Fictiv unique

  • Fictiv's OS streamlines custom manufacturing from quote to delivery efficiently.
  • Global network reduces supply chain risks with partners in U.S., China, India, and Mexico.
  • Consultation services optimize designs for manufacturability, enhancing client product development.

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Funding

Total Funding

$193M

Below

Industry Average

Funded Over

5 Rounds

Notable Investors:
Series E funding typically includes additional rounds after Series D if the company needs more capital. The business is usually stable, and these rounds are typically used for further expansion or to address market challenges.
Series E Funding Comparison
Meet Average

Industry standards

$100M
$245M
Stripe
$250M
Reddit
$1250M
Epic Games
$1500M
Airbnb

Benefits

Free catered lunch, snacks, and drinks

Learning and development stipend

Paid parental leave

Equity options

Wellness stipend

Paid volunteer days

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

0%

2 year growth

1%
Yahoo Finance
Mar 17th, 2025
Manufacturing, Supply Chain Leaders Concerned About Trump Trade Policies

Digital manufacturing platform Fictiv today announced the results of its "10th Annual State of Manufacturing Supply Chain Report." The company surveyed 254 senior manufacturing and supply chain leaders to glean insight into mounting concerns regarding evolving U.S. trade policies, preventing supply chain disruptions and scaling innovation, AI and sustainability. Most Read on IEN: According to the report, some 96% of respondents have concerns over the impact that President Donald Trump's trade policies will have on supply chains. The chief among them is the potential toll tariffs will have on costs and profitability (57% of respondents), followed by the administration's renewed emphasis on bringing manufacturing back to the U.S. (53%). Manufacturing leaders are also fearful that tariffs will drive business uncertainty (48%), impact efforts to prioritize nearshoring (37%) and create a China+1 strategy (32%)

IEN
Mar 17th, 2025
Manufacturing, Supply Chain Leaders Concerned About Trump Trade Policies

Digital manufacturing platform Fictiv on Monday announced the results of its "10th Annual State of Manufacturing & Supply Chain Report."

PR Newswire
Feb 28th, 2025
Fictiv Announces Globalflex Solution For Injection Molding In North America

Amid global tensions and tariffs, the global manufacturing leader unveils a new offering that strengthens its portfolio of solutions and enhances its digital supply chain network.SAN FRANCISCO, Feb. 25, 2025 /PRNewswire/ -- Fictiv , a leader in manufacturing and supply chain solutions, today announced GlobalFlex, an innovative injection molding solution engineered to mitigate global supply chain disruptions and optimize lowest landed costs. GlobalFlex integrates tooling inserts produced in China with Fictiv's mold frames, assembled across next-generation manufacturing facilities in China, the U.S., and Mexico. The new offering leverages the speed and cost efficiencies of overseas production while enabling manufacturers to rapidly pivot to domestic production in response to shifts in demand or tariffs, for example.GlobalFlex is the latest in Fictiv's comprehensive suite of injection molding solutions in North America. Its U.S. partner network supports traditional molding approaches with aluminum tooling options for prototypes and steel options for production volumes

FreightWaves
Feb 9th, 2025
Borderlands Mexico: Diverse Supply Chain Can Limit Tariffs’ Impact, Expert Says

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Diverse supply chain can limit tariffs’ impact, expert says; CPKC launches Texas cross-border railway bridge; Canada-based components maker expands Mexico plant; and Mexico repeals ban on imports of genetically modified corn.With tariffs on imports from Canada and Mexico a possibility in less than 30 days, supply chain operators should focus on strategies to reduce the impact of increased duties, said Vinny Licata, head of logistics at Fictiv.Licata said supply chain diversification — which includes everything from relocating entire manufacturing operations to embracing multicountry assembly strategies — is key to mitigating the effect of tariffs or other types of disruptions.“We’ve had a lot of things happen in the last five years or so. We have had the pandemic, we have a lot of geopolitical issues, we’ve had a lot of weather events that have caused a lot of havoc all over the world,” Licata told FreightWaves in an interview. “I think these supply chains need to be diversified, whether it’s globally or even domestically. You need to have that.”President Donald Trump signed an executive order on Feb. 1 imposing 25% tariffs on imports from Canada and Mexico, along with a 10% tax on Chinese goods

FreightWaves
Dec 9th, 2024
Trump’S Tariffs Could Spark Price Hikes, Supply Chain Disruptions, Experts Say

President-elect Donald Trump’s plan to hit imports from China, Canada and Mexico with tariffs could deal a blow to companies across North America and trigger negative consequences for the global supply chain, according to experts.Trump said that on his first day back in office on Jan. 20, he will impose 25% tariffs on goods from Mexico and Canada. The tariffs are aimed at pressuring those countries to stop drugs and illegal migrants from crossing into the U.S., Trump posted on Truth Social on Nov. 25. He has also said he’ll impose an additional 10% tariff on Chinese imports to fight drugs coming from that country.Sri Laxmana, vice president of Americas at freight broker and 3PL giant C.H. Robinson, said the company began hearing from concerned customers as soon as Trump made the announcement.“We’ve been pulled into countless customer meetings to run risk scenarios for if Canada and Mexico tariffs were implemented,” Laxmana told FreightWaves in an email

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