Total amount raised
$346.8 Million
Latest funding date
2021-07-15
Location
Markforged has established itself as a key player in the industrial additive manufacturing sector, offering a comprehensive platform known as the Digital Forge. The company's innovative approach integrates software, printers, and materials to deliver robust 3D printing solutions.
Keep reading to explore the intricacies of Markforged's fundraising journey and the investors backing this innovative platform.
What Is Markforged?
Markforged is a prominent player in the additive manufacturing industry, known for its innovative Digital Forge platform. This platform seamlessly integrates advanced 3D printers, a diverse range of materials, and robust software solutions to produce strong, functional parts efficiently.
Founded to revolutionize manufacturing, Markforged serves a wide array of industries, including aerospace, automotive, consumer goods, education, electronics, energy, defense, food and beverage, industrial equipment, medical, product development, and packaging. The company's solutions are designed to reduce costs, improve operational efficiency, and provide greater manufacturing agility.
How Much Funding Has Markforged Raised?
- Seed Round
- Amount Raised: USD 1,100,000
- Date: July 2013
- Lead Investors: Matrix
- Series A
- Amount Raised: USD 8,500,000
- Date: May 2014
- Lead Investors: Matrix
- Series B
- Amount Raised: USD 15,200,000
- Date: February 2016
- Series C
- Amount Raised: USD 30,000,000
- Date: November 2017
- Lead Investors: N47
- Series D
- Amount Raised: USD 82,000,000
- Date: March 2019
- Lead Investors: Summit Partners
- Series Unknown
- Date: February 2020
- Lead Investors: IQT
- Post-IPO Equity
- Amount Raised: USD 210,000,000
- Date: July 2021
Markforged has raised a total of USD 347,800,000 across all funding rounds.
Key Investors
- Matrix
- Details: Matrix is a venture capital firm that invests in early-stage companies. They have a strong track record of supporting startups through their growth phases.
- Investment Focus Areas: Technology, healthcare, consumer products
- Notable Investments: HubSpot, Oculus, Zendesk
- Summit Partners
- Details: Summit Partners is a global alternative investment firm that invests in growth equity, fixed income, and public equity opportunities. They have been in operation since 1984.
- Investment Focus Areas: Technology, healthcare, financial services
- Notable Investments: Uber, Avast, Infor
- N47
- Details: N47 is a venture capital firm that focuses on investing in innovative technology companies. They aim to support companies that have the potential to disrupt their respective industries.
- Investment Focus Areas: Technology, software, industrial automation
- Notable Investments: Not publicly disclosed
- IQT
- Details: IQT, or In-Q-Tel, is a not-for-profit venture capital firm that invests in high-tech companies to support the missions of the U.S. intelligence community. They bridge the gap between the technology needs of the intelligence community and emerging commercial innovation.
- Investment Focus Areas: Security, data analytics, biotechnology
- Notable Investments: Palantir Technologies, Keyhole, FireEye
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