About Essentium
Essentium is a company based in Pflugerville (United States) founded in 2013 by Lars Uffhausen, Blake Teipel, Brandon Sweeney, and Elisa Teipel was acquired by Nexa3D in January 2024. Essentium has raised $46.48 million across 2 funding rounds from investors including BASF, Nexa3D and Materialise. The company has 179 employees. Essentium has completed 1 acquisition, including TriFusion. Essentium operates in a competitive market with competitors including 9T Labs, Stratasys, Photocentric, BigRep and Quantica, among others.
- Headquarter Pflugerville, United States
- Employees 179
- Founders Lars Uffhausen, Blake Teipel, Brandon Sweeney, Elisa Teipel
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website essentium.com
- Social LinkedIn X Facebook
- Acquired by Nexa3D (Jan 2024)
Funding Insights of Essentium
Essentium has successfully raised a total of $46.48M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $22.2 million completed in January 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $46.48M
- Total Rounds 2
- Last Round Series A — $22.2M
- First Round $24.28M
(Nov 2018)
- Investors Count 3
All 2 funding rounds of Essentium with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2019 | $22.2M | Series A | – | BASF | |
| Nov 2018 | $24.28M | Series A | – | – | – |
4 investors in total: 4 institutional.
Investors in Essentium
Essentium has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include BASF, Nexa3D and Materialise.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | genesis-park.com | - | |
Chemicals and related products are produced and marketed globally. | 1865 | basf.com | Florham Park, United States | |
3D printing software is developed for design and manufacturing needs. | 1990 | materialise.com | Leuven, Belgium | |
Industrial 3D printers based on stereolithography technology are provided. | 2015 | nexa3d.com | Ventura, United States |
Investor details for Essentium
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People of Essentium
16 people are tracked at Essentium (6 in leadership, 10 in team); the tracked headcount is 179.
| Name | Role | Group |
|---|---|---|
Lars Uffhausen | Co-Founder & COO | Leadership |
Blake Teipel | Co-Founder & CEO | Leadership |
Brandon Sweeney | Co-Founder | Leadership |
Elisa Teipel | Co-Founder | Leadership |
Stefan A. | Director Of Quality And Compliance | Leadership |
Luke Johnson | VP of R&D, Concepts | Leadership |
Raudel Martínez | Senior Developer .net | Team |
Wesley Lam | Application Manager, APAC | Team |
Marc Peterman | Training With Industry Defense Military Fellow | Team |
Tyler Anderson | Lead Mechanical Engineer | Team |
Xingping Li | Principal Engineer | Team |
Michaela Bekavac | Liquidatorin | Team |
Ricky Ferrer | Field Applications Engineering Manager | Team |
Ramy Chalaby | Senior Software Engineer | Team |
Moria Shebsovich | Software QA Analyst III | Team |
Garrett Jones | Sr. Application Engineer - R&d | Team |
Complete people profiles for Essentium
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Essentium
Essentium has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TriFusion.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
3D Printed Prosthetics | trifusiondevices.com | College Station, United States | 2016 | Oct 2016 | •••• |
Complete acquisition details for Essentium
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Timeline of Essentium
Competitors of Essentium
Essentium operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as 9T Labs, Stratasys, Photocentric, BigRep and Quantica, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 9tlabs.com | 2018 | Zurich, Switzerland | $21.55M | – | Provider of diversified 3D printing equipment | |
| stratasys.com | 1989 | Rehovot, Israel | – | 30 | 3D printing equipment and materials are manufactured by Stratasys. | |
| photocentricgroup.com | 2002 | Peterborough, United Kingdom | – | 193 | Manufacturer of multiple 3D printing accessories | |
| bigrep.com | 2014 | Berlin, Germany | $7.5M | 70 | Diversified 3D printing equipment is provided for industrial applications. | |
| q3d.io | 2016 | Berlin, Germany | $21.46M | 21 | Open 3D printers and materials | |
| elegoo.com | 2015 | Shenzhen, China | – | – | Provides 3D printers, resins, filaments, accessories, and STEM kits globally. | |
| longer3d.com | 2014 | Shenzhen, China | – | – | 3D printers, scanners, and filaments are manufactured for various applications. | |
| gtstar3d.com | 2018 | China | – | – | Desktop and modular 3D printers are manufactured in China. |
Detailed competitors of Essentium
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Latest news on Essentium
Complete news archive for Essentium
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Similar companies to Essentium
10 companies that operate in the same segment as Essentium (3D Printing & Scanning Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 203.44 M | USD 686.63 M | 1,090 | |
Provider of cloud and AI-based virtual tour solutions for construction professionals | 2011 | Sunnyvale, California, United States | USD 163.18 M | – | – | |
Hover is recognized for providing construction and renovation software solutions. | 2011 | San Francisco, California, United States | USD 142.3 M | – | – | |
Metal-based desktop 3D printers are manufactured for production and prototyping. | 2015 | Burlington, Vermont, United States | USD 446.55 M | – | – | |
Online marketplace to custom manufacture and sell 3D printed products | 2007 | New York, New York, United States | USD 106.9 M | USD 34.46 M | – | |
Industrial 3D printers using selective laser melting technology are manufactured. | 1923 | Ditzingen, Baden-wurttemberg, Germany | – | – | – | |
Carbon digital light synthesis-based 3D printers and materials are provided. | 2013 | Redwood City, California, United States | USD 742.21 M | – | – | |
Manufacturer of selective laser melting technology-based 3D printers | 2015 | San Francisco, California, United States | USD 92.09 M | USD 45.97 M | 105 | |
AI-powered 3D printed launch vehicles are developed for small payloads. | 2015 | Inglewood, California, United States | USD 1.34 B | – | – | |
Develop and manufacture Industrial printers based on Moving Light Technology and Laser Sintering technology | 2008 | Les Mureaux, Ile-de-france, France | USD 27.46 M | – | – |
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Frequently Asked Questions about Essentium
Essentium was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Essentium is headquartered in Pflugerville, United States. It is registered at Pflugerville, Texas, United States.
Blake Teipel is the current CEO of Essentium. They have also founded this company.
Essentium is a funded company, having raised a total of $46.48M across 2 funding rounds to date. The company's 1st funding round was a Series A of $24.28M, raised on Nov 2018.
Essentium has 179 employees.
Essentium was founded in 2013 and is based in Pflugerville, United States. Operations focus on the development and production of 3D printing technology within the manufacturing sector. High-speed extrusion-based printers featuring dual extruders are created, alongside industrial filaments made from materials such as carbon fibers, co-polyamides, copolyesters, nylon, and urethane. These products support advanced additive manufacturing applications.
Essentium's top competitors include Stratasys, BigRep and Photocentric.
Essentium has made 1 acquisition, including TriFusion.
Essentium has 4 investors. Key investors include BASF, Nexa3D, Materialise, and Genesis Park.
Yes. Essentium was acquired by Nexa3D in January 2024.