Inventables

Chicago, United States Founded: 2002 • Age: 24 yrs
Provider of subtractive manufacturing systems
Annual revenue - Latest available
Total funding $32.7M 5 rounds
Employees 43 Tracked headcount
Investors 10 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Inventables, Inc.
Operational Areas
Technology → Robotics, Automation & Advanced Manufacturing Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $32.72 M (USD)

    in 5 rounds

  • Latest Funding Round
    $11.06 M (USD), Series C

    Jul 30, 2024

  • Investors
    Cue Ball

    & 9 more

  • 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.

Product name locked
Category locked
Primary

Machine for cutting wood, plastic, and foam in manufacturing.

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Devices for precise cutting and engraving of materials.

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Platform for designing and generating CNC toolpaths.

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Bits for various cutting tasks on CNC machines.

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Tables for securing materials during CNC operations.

People of Inventables

Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Ashley Miller
Customer Success Sales Support Specialist I
People
Phil Lomac
COO

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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.

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.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Cue Ball is engaged in venture capital investments.
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Venture capital firm supporting AI founders through investments and community.
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Multiple sectors are targeted for venture capital investments by Greycroft.
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Investor details for Inventables

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Investments & Acquisitions by Inventables

Investments
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Investment portfolio details for Inventables

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  • Transaction dates
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Financial Statements - Inventables

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Detailed financials for Inventables

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Inventables Comparisons

Inventables Primary company
Description
Provider of subtractive manufacturing systems
Location
Chicago, United States
Founded Year
2002
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
43
As of 2022
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Peer comparison for Inventables

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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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.

Company Name Domain Founded year HQ Location Description
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Provider of cloud-based 3D CAD modeling software for the AEC industry
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3D laser printers with subtractive technology are designed by Glowforge.
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CAE and CAM software solutions are provided for engineering applications.
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Software solutions for sheet metal forming are provided by AutoForm.
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Web-based SaaS platform for engineering complex hardware is provided.
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Detailed competitors of Inventables

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Latest news on Inventables

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Complete news archive for Inventables

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Inventables

Inventables was founded in 2002 and raised its 1st funding round 8 years after it was founded.

Inventables is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Inventables is a funded company, having raised a total of $32.72M across 5 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Inventables is 43.

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.

Inventables's top competitors include Autodesk, Glowforge and Cevotec.

Inventables offers X-Carve Pro, Laser Cutters, Easel Software, CNC Cutting Bits, and Vacuum Tables.

Inventables has 10 investors. Key investors include Cue Ball, True Ventures, Greycroft, Pipeline Capital Partners, and Jeff Weiner.

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