About Geomagic
Geomagic is a company based in Cary (United States) founded in 1996 was acquired by 3D Systems in December 2012. Geomagic has raised $8 million across 2 funding rounds from investors including 3D Systems, Valhalla Partners and National Science Foundation. The company has 54 employees as of December 31, 2022. Geomagic has completed 1 acquisition, including SensAble Technologies. Geomagic offers products and services including Geomagic Control X, Geomagic Design X, Geomagic Freeform, Geomagic for SOLIDWORKS, and Geomagic Wrap. Geomagic operates in a competitive market with competitors including Onshape, Vention, Intergraph, Tech Soft and GrabCAD, among others.
- Headquarter Cary, United States
- Employees 54 as on 31 Dec, 2022
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Geomagic, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$8 M (USD)
in 2 rounds
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Latest Funding Round
$8 M (USD), Series A
Oct 29, 2008
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Investors
3D Systems
& 2 more
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Employee Count
54
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
3D Systems
(Dec 01, 2012)
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Products & Services of Geomagic
Geomagic offers a comprehensive portfolio of products and services, including Geomagic Control X, Geomagic Design X, Geomagic Freeform, Geomagic for SOLIDWORKS, and Geomagic Wrap.
Processes data from 3D scanners for quality control.
Creates CAD models from 3D scan data quickly.
Handles complex organic models for digital design.
Integrates point clouds into SOLIDWORKS for CAD work.
Transforms 3D scans into usable models accurately.
Funding Insights of Geomagic
Geomagic has successfully raised a total of $8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in October 2008. 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 Geomagic
Geomagic has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include 3D Systems, Valhalla Partners and National Science Foundation.
| Investor | Description | Founded Year | Domain | Location |
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Tech-focused VC firm investing in geographies such as the US
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A government-backed foundation providing seed-stage investments to support small businesses.
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Provider of solid imaging solutions
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Investor details for Geomagic
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- Investor locations
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Investments & Acquisitions by Geomagic
Geomagic has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SensAble Technologies.
Investment portfolio details for Geomagic
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Developer of 3D touch-enabled modelling system
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Locked | Locked | 1993 | Locked |
Complete acquisition details for Geomagic
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- Acquired stakes
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Financial Statements - Geomagic
Detailed financials for Geomagic
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Geomagic Comparisons
Peer comparison for Geomagic
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Competitors of Geomagic
Geomagic 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 Onshape, Vention, Intergraph, Tech Soft and GrabCAD, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based 3D CAD system is accessed via web browsers.
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Modular hardware and software platform for industrial automation is provided.
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Computer-aided design and geospatial intelligence software is supplied for enterprises.
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Provide 3D designing softwares for developers
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Cloud-based design collaboration software
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Provider of AI and cloud-based 3D model fixing software
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Detailed competitors of Geomagic
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Latest news on Geomagic
Complete news archive for Geomagic
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Frequently Asked Questions about Geomagic
Geomagic was founded in 1996 and raised its 1st funding round 12 years after it was founded.
Geomagic is headquartered in Cary, United States. It is registered at Cary, North Carolina, United States.
Geomagic is a funded company, having raised a total of $8M across 2 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Geomagic is 54.
Geomagic was founded in 1996 in Cary, United States, within the digital shape sampling and processing sector. Operations focus on 3D scanners, design software, inspection tools, and haptic devices such as Geomagic Touch for sculpting and simulations, Touch X for precise positioning, and Phantom Premium models for manufacturing verification and medical research. The company was acquired by 3D Systems in January 2013.
Geomagic offers Geomagic Control X, Geomagic Design X, Geomagic Freeform, Geomagic for SOLIDWORKS, and Geomagic Wrap.
Geomagic has made 1 acquisition, including SensAble Technologies.
Geomagic has 3 investors. Key investors include 3D Systems, Valhalla Partners, and National Science Foundation.