Proto Labs

Maple Plain, United States Founded: 1999 • Age: 27 yrs
Online manufacturer of custom prototypes and low-volume parts for prototyping
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About Proto Labs

Proto Labs is a company based in Maple Plain (United States) founded in 1999.. Proto Labs has raised $52.24 million across 2 funding rounds from investors including North Bridge Venture Partners. The company has 2,360 employees as of December 31, 2024. Proto Labs has completed 4 acquisitions, including Alphaform Claho GmbH, Fineline Prototyping and Hubs. Proto Labs offers products and services including Injection Molding Service, CNC Machining Service, 3D Printing Service, and Sheet Metal Fabrication. Proto Labs operates in a competitive market with competitors including Xometry, Hubs, TriMech, Immensa and Ethereal Machines, among others.

  • Headquarter Maple Plain, United States
  • Employees 2360 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Proto Labs, Inc.
Operational Areas
Technology → Robotics, Automation & Advanced Manufacturing
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
    $500.89 M
    -0.59
    as on Dec 31, 2024
  • Net Profit
    $16.59 M
    -3.64
    as on Dec 31, 2024
  • EBITDA
    $61.3 M
    -6.99
    as on Dec 31, 2024
  • Total Equity Funding
    $52.24 M (USD)

    in 2 rounds

  • Latest Funding Round
    $150 K (USD), Grant

    Jun 18, 2015

  • Investors
  • Employee Count
    2360

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Proto Labs

Proto Labs is a publicly listed company on the NYSE with ticker symbol PRLB in USA, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: PRLB . Sector: Process industries · USA

Products & Services of Proto Labs

Proto Labs offers a comprehensive portfolio of products and services, including Injection Molding Service, CNC Machining Service, 3D Printing Service, and Sheet Metal Fabrication. 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.

Primary

Provides molded plastic prototypes and production parts quickly.

Offers precision machining for prototypes and parts in one day.

Delivers quality plastic and metal parts using various technologies.

Produces custom sheet metal parts with finishing options.

People of Proto Labs
Headcount 1000-5000
Employee Profiles 213
Board Members and Advisors 6
Employee Profiles
People
Christopher Rogers
Director Of Operations/site Leader
People
Andrew Bartholomew
Production Manager - DMLS
People
Matthew Ahart
Marketing Manager, Acquisition And Analytics
People
Felix Stehle
Operations Program Manager

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Board Members and Advisors
people
Moonhie Chin
Director
people
Archie C. Black
Director
people
Rainer Gawlick
Chairman
people
Stacy Greiner
Director

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Funding Insights of Proto Labs

Proto Labs has successfully raised a total of $52.24M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $150 thousand completed in June 2015. 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 Rounds 2
  • Last Round Grant — $150,000
  • First Round

    (19 Aug 2008)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2015 Amount Grant - Proto Labs Valuation

investors

Aug, 2008 Amount Series A - Proto Labs Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Proto Labs

Proto Labs has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include North Bridge Venture Partners. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
US focused seed to growth stage VC firm
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Proto Labs

Proto Labs has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Alphaform Claho GmbH, Fineline Prototyping and Hubs. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Tech-enabled on-demand 3D printing and manufacturing services are provided.
2013
Provider of 3D printing for rapid prototyping and production
2011
CNC machining and sheet metal fabrication services are provided.
2001
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Proto Labs

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Proto Labs Comparisons

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Competitors of Proto Labs

Proto Labs 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 Xometry, Hubs, TriMech, Immensa and Ethereal Machines, 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
Platform for on-demand distributed manufacturing and prototyping is provided.
domain founded_year HQ Location
Tech-enabled on-demand 3D printing and manufacturing services are provided.
domain founded_year HQ Location
On-demand 3D printing and manufacturing solutions are provided online.
domain founded_year HQ Location
Cloud-based on-demand manufacturing solutions are developed for additive services.
domain founded_year HQ Location
On-demand manufacturing services for industrial machines are offered.
domain founded_year HQ Location
Provider of industrial metal additive manufacturing system
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Proto Labs

Frequently Asked Questions about Proto Labs

When was Proto Labs founded?

Proto Labs was founded in 1999 and raised its 1st funding round 9 years after it was founded.

Where is Proto Labs located?

Proto Labs is headquartered in Maple Plain, United States. It is registered at Maple Plain, Minnesota, United States.

Is Proto Labs a funded company?

Proto Labs is a funded company, having raised a total of $52.24M across 2 funding rounds to date. The company's 1st funding round was a Series A of $52.24M, raised on Aug 19, 2008.

How many employees does Proto Labs have?

As of Dec 31, 2024, the latest employee count at Proto Labs is 2,360.

What is the annual revenue of Proto Labs?

Annual revenue of Proto Labs is $500.89M as on Dec 31, 2024.

What does Proto Labs do?

Proto Labs was founded in 1999 and is headquartered in Maple Plain, United States. Operations focus on digital manufacturing within the prototyping sector. Custom prototypes and low-volume production parts are offered via an online platform. Users can upload 3D CAD files, which are analyzed for manufacturability and quoted in real time. Services support rapid production for engineering and design applications across various industries.

Who are the top competitors of Proto Labs?

Proto Labs's top competitors include Xometry, VulcanForms and Fictiv.

What products or services does Proto Labs offer?

Proto Labs offers Injection Molding Service, CNC Machining Service, 3D Printing Service, and Sheet Metal Fabrication.

Is Proto Labs publicly traded?

Yes, Proto Labs is publicly traded on NYSE under the ticker symbol PRLB.

How many acquisitions has Proto Labs made?

Proto Labs has made 4 acquisitions, including Alphaform Claho GmbH, Fineline Prototyping, and Hubs.

Who are Proto Labs's investors?

Proto Labs has 1 investor. Key investors include North Bridge Venture Partners.

What is Proto Labs's ticker symbol?

The ticker symbol of Proto Labs is PRLB on NYSE.

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