About Markforged
Markforged is a Technology company based in Laramie (United States) founded in 2018, and was acquired by Mark Forged in April 2022. Software for simulating performance of 3D printed parts is provided. It operates on a SaaS (Software-as-a-Service) and Direct-to-Consumer (D2C) model. Markforged offers products and services including Simulation Software, Digital Forge Complete, and FX10â„¢ 3D Printer. Its focus areas include Manufacturing Technology, 3D Printing, Software and Simulation Software. Its competitors include Genpact, 1&1 IONOS and Mavenir; 1 of its 3 listed competitors has raised funding.
Company details
Simulation software for analyzing the performance of 3D printed parts is developed by Markforged. Solutions are offered for industries such as aerospace, automotive, and medical sectors. The Digital Forge platform is utilized to optimize print settings and validate part performance. Efficiency in manufacturing processes is enhanced through advanced simulation tools. Various 3D printers and materials for metal and composite printing are also provided.
- Headquarters Laramie, United States
- Stage Acquired
- SectorsTechnology
- Phone•••• ••••
- Website tetonsim.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Mark Forged (Apr 2022)
- Legal Name Markforged
- Latest Funding Round$1.42M (USD), Grant
Oct 2018
- InvestorsMark Forged
& 2 more
- Acquired byMark Forged
(Apr 2022)
Products & Services of Markforged
Markforged offers a comprehensive portfolio of products and services, including Simulation Software, Digital Forge Complete, and FX10™ 3D Printer.
Software for simulating performance of 3D printed parts.
Platform for managing 3D printing and simulation processes.
3D printer for metal and composite material printing.
Apps and channels of Markforged
its YouTube channel Markforged has 29.3K subscribers and 30 videos.
Videos from Markforged
The most watched videos on Markforged's YouTube channel, Markforged (29.3K subscribers). Click a video to play it here.
More on Markforged.
Funding Insights of Markforged
- Total Rounds 2
- Last Round Grant — $1.42M
- First Round $224,194
(Aug 2018)
- Investors Count 2
All 2 funding rounds of Markforged 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 |
|---|---|---|---|---|---|
| Oct 2018 | $1.42M | Grant | – | – | |
| Aug 2018 | $224,194 | Grant | – | – |
3 investors in total: 3 institutional.
Investors in Markforged
Markforged has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Mark Forged, America’s Seed Fund and National Science Foundation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund backed by the US Government | seedfund.nsf.gov | Alexandria, United States | ||
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States | |
Provider of metal-based industrial 3d printers | 2013 | markforged.com | Waltham, United States |
Investor details for Markforged
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People of Markforged
11 people are tracked at Markforged (5 in leadership, 4 in board & advisors, 2 in team).
| Name | Role | Group |
|---|---|---|
Keith Ozar | VP of Marketing | Leadership |
Doug Kenik | CEO | Leadership |
Jeff Selden | VP of Numerical Methods & AI | Leadership |
Brady Adams | CTO | Leadership |
Rick Dalgarno | Director of Alliances & Operations | Leadership |
Mike Kmetz | Chairman | Board & advisors |
Jared Stack | Director | Board & advisors |
Andrew Hansen | Advisor | Board & advisors |
Paul Heiden | Director | Board & advisors |
James Bishop | Senior Sales Leader | Team |
David Heaney | Software Engineer | Team |
Complete people profiles for Markforged
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Markforged
4 dated milestones of Markforged across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Markforged is founded.
- Funding First funding round of $224K.
- Funding Latest funding round, Grant, of $1.4M.
- Exit Acquired by Mark Forged.
Competitors of Markforged
Markforged has 3 listed competitors in our database, 1 of them funded. They include Genpact, 1&1 IONOS and Mavenir.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| genpact.com | 1997 | New York, United States | 129,140 | Provider of end-to-end business process outsourcing services | ||
| ionos.com | 1988 | Chesterbrook, United States | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | ||
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. |
Detailed competitors of Markforged
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Top companies in IT Services & Operations
3 companies that operate in the same segment as Markforged (IT Services & Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 |
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Related news about Markforged
Complete news archive for Markforged
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Frequently Asked Questions about Markforged
Markforged was founded in 2018.
Markforged is headquartered in Laramie, United States. It is registered at Laramie, Wyoming, United States.
Simulation software for analyzing the performance of 3D printed parts is developed by Markforged. Solutions are offered for industries such as aerospace, automotive, and medical sectors. The Digital Forge platform is utilized to optimize print settings and validate part performance. Efficiency in manufacturing processes is enhanced through advanced simulation tools. Various 3D printers and materials for metal and composite printing are also provided.
Markforged offers Simulation Software, Digital Forge Complete, and FX10â„¢ 3D Printer.
Markforged has 3 investors. Key investors include Mark Forged, America’s Seed Fund, and National Science Foundation.
Markforged operates through Markforged.
Yes. Markforged was acquired by Mark Forged in April 2022.