About Inventables
Inventables is a company based in Chicago (United States) founded in 2002.. Inventables has raised $32.72 million across 5 funding rounds from investors including Cue Ball, True Ventures and Greycroft. The company has 43 employees as of December 31, 2022. Inventables offers products and services including X-Carve Pro, Laser Cutters, Easel Software, CNC Cutting Bits, and Vacuum Tables. Inventables operates in a competitive market with competitors including Autodesk, Glowforge, Concepts NREC, AutoForm and Valispace, among others.
- Headquarter Chicago, United States
- Employees 43 as on 31 Dec, 2022
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Inventables, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$32.72 M (USD)
in 5 rounds
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Latest Funding Round
$11.06 M (USD), Series C
Jul 30, 2024
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Investors
Cue Ball
& 9 more
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Employee Count
43
as on Dec 31, 2022
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Products & Services of Inventables
Inventables offers a comprehensive portfolio of products and services, including X-Carve Pro, Laser Cutters, Easel Software, CNC Cutting Bits, and Vacuum Tables. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Machine for cutting wood, plastic, and foam in manufacturing.
Devices for precise cutting and engraving of materials.
Platform for designing and generating CNC toolpaths.
Bits for various cutting tasks on CNC machines.
Tables for securing materials during CNC operations.
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Funding Insights of Inventables
Inventables has successfully raised a total of $32.72M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $11.06 million completed in July 2024. 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 Total Funding
- Total Rounds 5
- Last Round Series C — $11.1M
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First Round
First Round
(27 Jan 2010)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series C - Inventables | Valuation |
investors |
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| Jul, 2019 | Amount | Series C - Inventables | Valuation | Cue Ball | |
| Oct, 2015 | Amount | Series B - Inventables | Valuation | Greycroft |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Inventables
Inventables has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Cue Ball, True Ventures and Greycroft. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Cue Ball is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital firm supporting AI founders through investments and community.
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Founded Year | Domain | Location | |
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Multiple sectors are targeted for venture capital investments by Greycroft.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Inventables
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Inventables
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Inventables Comparisons
Competitors of Inventables
Inventables 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 Autodesk, Glowforge, Concepts NREC, AutoForm and Valispace, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of cloud-based 3D CAD modeling software for the AEC industry
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| domain | founded_year | HQ Location |
3D laser printers with subtractive technology are designed by Glowforge.
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| domain | founded_year | HQ Location |
CAE and CAM software solutions are provided for engineering applications.
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| domain | founded_year | HQ Location |
Software solutions for sheet metal forming are provided by AutoForm.
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| domain | founded_year | HQ Location |
Web-based SaaS platform for engineering complex hardware is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Inventables
Frequently Asked Questions about Inventables
When was Inventables founded?
Inventables was founded in 2002 and raised its 1st funding round 8 years after it was founded.
Where is Inventables located?
Inventables is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Inventables a funded company?
Inventables is a funded company, having raised a total of $32.72M across 5 funding rounds to date. The company's 1st funding round was a Series B of $5.17M, raised on Jan 27, 2010.
How many employees does Inventables have?
As of Dec 31, 2022, the latest employee count at Inventables is 43.
What does Inventables do?
Inventables was founded in 2002 in Chicago, United States, within the subtractive manufacturing sector. Systems including a 3D carving tool and web-based software are developed for designing, importing, and carving operations. Features such as process management, optimization, cut setting libraries, cloud storage, and community forums are incorporated to support users in manufacturing workflows.
Who are the top competitors of Inventables?
What products or services does Inventables offer?
Inventables offers X-Carve Pro, Laser Cutters, Easel Software, CNC Cutting Bits, and Vacuum Tables.
Who are Inventables's investors?
Inventables has 10 investors. Key investors include Cue Ball, True Ventures, Greycroft, Pipeline Capital Partners, and Jeff Weiner.
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