Markforged

Markforged

3D printing technology for durable parts

About

Markforged specializes in advanced 3D printing technology, focusing on metal and carbon fiber materials. The company produces industrial 3D printers and offers proprietary software, such as Eiger and Blacksmith AI, to optimize the printing process and ensure high-quality output. Markforged's products allow clients in various sectors, including aerospace, automotive, and healthcare, to create durable parts quickly and cost-effectively, addressing the limitations of traditional manufacturing methods. Unlike its competitors, Markforged combines hardware sales, software subscriptions, and material sales into a comprehensive solution for industrial 3D printing. The company's goal is to lead the industrial 3D printing market by providing efficient and effective manufacturing solutions.

Company Stage

IPO

Employees

201-500

Industries

Hardware, Industrial & Manufacturing, AI & Machine Learning

Total Funding

$338.4M

Headquarters

Watertown, Massachusetts

Founded

2013


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Simplify's Take

What believers are saying

  • The merger with Nano Dimension could expand Markforged's market reach and capabilities.
  • Markforged's Vega filament launch aligns with growing aerospace demand for high-performance materials.
  • The settlement of IP litigation allows Markforged to focus on innovation and growth.

What critics are saying

  • Litigation with Desktop Metal over the merger could delay strategic plans.
  • Emerging competition from AI-driven design platforms like Backflip may disrupt market position.
  • The $25M lawsuit settlement with Continuous Composites may impact financial resources.

What makes Markforged unique

  • Markforged specializes in advanced 3D printing with metal and carbon fiber materials.
  • The company offers a comprehensive end-to-end solution, including hardware, software, and materials.
  • Markforged's proprietary Eiger software and Blacksmith AI optimize and ensure high-quality printing.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

1%

Benefits

Medical, dental, vision, life & disability insurance

401(k)

Equity

Parental leave

Unlimited vacation

Unlimited 3D printing

Wellness programs

Employee assistance program

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