About FARO Technologies
FARO Technologies is a company based in Lake Mary (United States) founded in 1981 was acquired by AMETEK in May 2025. FARO Technologies has raised $1.5 million across 2 funding rounds from investors including AMETEK and Lanmark Controls. FARO Technologies has completed 17 acquisitions, including ARAS 360, BuildIT Software & Solutions and CaTS GmbH. FARO Technologies operates in a competitive market with competitors including Renishaw, Occipital, KandaoVR, Mantis Vision and VoxelSensors, among others.
- Headquarter Lake Mary, United States
- Stage Public
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Sectors
TechnologyIndustrial Goods & Manufacturing
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People of FARO Technologies
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Sales and Marketing
54 people
Software Development Team
25 people
Account Team
16 people
Leadership Team
15 people
Senior Team
15 people
Finance and Accounting
8 people
Legal and Compliance
5 people
Human Resources and Administration
5 people
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Funding Insights of FARO Technologies
FARO Technologies has successfully raised a total of $1.5M across 2 strategic funding rounds. The most recent funding activity was a Post-IPO round of $41.5 million completed in November 2003. 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.
Investors in FARO Technologies
FARO Technologies has secured backing from 2 investors. Prominent investors backing the company include AMETEK and Lanmark Controls.
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Laser marking control boards and software are manufactured for factories.
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Manufacturer of multiple electronic and electrical components for automobile and aerospace industry
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Investor details for FARO Technologies
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Investments & Acquisitions by FARO Technologies
FARO Technologies has strategically engaged in corporate development activities, having acquired 17 companies. Notable acquisitions include ARAS 360, BuildIT Software & Solutions and CaTS GmbH.
Investment portfolio details for FARO Technologies
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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3D scanning mobile app for construction interiors is provided.
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3D imaging and visualization software is provided for various applications.
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Locked | Locked | 2016 | Locked | |
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Software solutions for public safety and law enforcement are offered.
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Locked | Locked | 2015 | Locked |
Complete acquisition details for FARO Technologies
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Financial Statements - FARO Technologies
Detailed financials for FARO Technologies
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Faro Technologies Comparisons
Peer comparison for FARO Technologies
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Competitors of FARO Technologies
FARO Technologies 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 Renishaw, Occipital, KandaoVR, Mantis Vision and VoxelSensors, among others.
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Provider of precision measurement, process control, motion control, and healthcare solutions
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Augmented reality-based 3D scanners for mobile devices are provided.
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Provider of cloud-based 3D stereo cameras for virtual reality-based applications
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3D capturing technology is developed for mobile devices and scanners.
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Developer of spatial and empathic computing technology using single photon sensors
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Detailed competitors of FARO Technologies
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Latest news on Faro Technologies
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Frequently Asked Questions about FARO Technologies
FARO Technologies was founded in 1981 and raised its 1st funding round 20 years after it was founded.
FARO Technologies is headquartered in Lake Mary, United States. It is registered at Lake Mary, Florida, United States.
FARO Technologies is a funded company, having raised a total of $1.5M across 2 funding rounds to date.
FARO Technologies was founded in 1981 in Lake Mary, United States. Computer-aided measurement and imaging devices are developed and marketed for the metrology sector. Solutions for 3D measurement, imaging, and realization are provided to support production and quality management. Precision comparison of parts is enabled through these systems. Software for managing instruments and monitoring data is offered. Industries served include aerospace, shipbuilding, metalworking, and engineering.
FARO Technologies's top competitors include Renishaw, Occipital and Calterah Semiconductor.
FARO Technologies has made 17 acquisitions, including ARAS 360, BuildIT Software & Solutions, and CaTS GmbH.
FARO Technologies has 2 investors. Key investors include AMETEK, and Lanmark Controls.