Desktop Metal - About the company
Desktop Metal is an acquired company based in Burlington (United States), founded in 2015 by Ric Fulop. It operates as a Manufacturer of 3D printing systems, materials, and software for production. Desktop Metal has raised $438M in funding from investors like New Enterprise Associates, General Electric and Google Ventures, with last known valuation of $179M. The company has 136 active competitors, including 15 funded and 25 that have exited. Its top competitors include companies like Carbon, Mantle and Divergent.
Sectors and market segments that Desktop Metal operate in
Desktop Metal serves in the High Tech market segments.The primary business model of Desktop Metal is:Company Details
Manufacturer of 3D printing systems, materials, and software for production. The company provides metal and composite printers, along with solutions for healthcare, industrial-grade polymers, sand, and tooling. Materials include photopolymers, upcycled wood, metals, polymers, and ceramics. Software offerings manage printers, processes, tolerance analysis, build optimization, and system monitoring.
- Website
- desktopmetal.com
- Social
- Phone Number
- +1 **********
- Registered Address
- Burlington, Massachusetts
Key Metrics
Founded Year
2015
Location
Burlington, United States
Stage
Acquired
Total Funding
$438M in 7 rounds
Latest Funding Round
Last Known Valuation
$179M as on Jul 02, 2024
Investors
Ranked
2nd among 136 active competitors
Annual Revenue
$100M - $500M as on Dec 31, 2023
Employee Count
175 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Nano Dimension (Jul 02, 2024)
Legal entities associated with Desktop Metal
Desktop Metal is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Desktop Metal, Inc. CIN: 474947659 , United States, Active | Aug 24, 2015 | $100M - $500M (As on Dec 31, 2023) | 250 (As on Dec 31, 2024) | - |
Desktop Metal's acquisition details
Desktop Metal got acquired by Nano Dimension on Jul 02, 2024.
Click here to take a look at Desktop Metal's acquisition in detail
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Desktop Metal's funding and investors
Desktop Metal has raised a total funding of $438M over 7 rounds. Its first funding round was on Oct 28, 2015. Desktop Metal has 37 institutional investors.
Here is the list of recent funding rounds of Desktop Metal:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 10, 2022 | $100M | Post IPO | - | - | - | - |
Jan 23, 2019 | $160M | Series E | $1.5B | - | - | |
Mar 19, 2018 | $65M | Series D | $1B | - |
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Desktop Metal's founders and board of directors
Founder? Claim ProfileHere are the details of Desktop Metal's key team members:
- Ric Fulop: Co-Founder, Chairman and CEO of Desktop Metal and founder of 2 other companies, A123 Systems and Lumafield. They are also an angel investor in 1 startup.
View details of Desktop Metal's Founder profiles and Board Members
Desktop Metal's employee count trend
Desktop Metal has 175 employees as of Aug 26. Here is Desktop Metal's employee count trend over the years:
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Desktop Metal's Competitors and alternates
Top competitors of Desktop Metal include Carbon, Mantle and Divergent. Here is the list of Top 10 competitors of Desktop Metal, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Carbon 2013, Redwood City (United States), Series E | Provider of three-dimensional printing services using design software and advanced materials | $742M | 69/100 | |
2nd |  Desktop Metal 2015, Burlington (United States), Acquired | Manufacturer of 3D printing systems, materials, and software for production | $438M | 68/100 | |
3rd |  Mantle 2015, San Francisco (United States), Acquired | Manufacturer of tooling solutions combining CNC machining with 3D printing | $61.5M | 65/100 | |
4th |  Divergent 2014, Torrance (United States), Series E | Developer of adaptive production system for complex structures manufacturing | $828M | 64/100 | |
5th |  Mark Forged 2013, Waltham (United States), Acquired | Provider of metal-based industrial 3d printers | $133M | 64/100 | |
6th | Velo3D 2015, San Francisco (United States), Acquired | Manufacturer of metal additive manufacturing systems, software, and related services | $150M | 64/100 | |
7th | Manufacturer of machine tools, automation systems, and related peripheral products | - | 63/100 | ||
8th |  Immensa 2016, Dammam (Saudi Arabia), Series B | Provider of digital inventory and additive manufacturing solutions for spare parts | $27M | 63/100 | |
9th |  Alloyed 2017, Kidlington (United Kingdom), Series B | Provider of advanced metal component manufacturing, materials, and metallurgy solutions | $107M | 63/100 | |
10th | Renishaw 1973, Wotton under Edge (United Kingdom), Public | Manufacturer of precision measurement systems and metal additive manufacturing machines | - | 60/100 |
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Desktop Metal's Investments and acquisitions
Desktop Metal has acquired 3 companies including Meta Additive, Aidro and Adaptive3D. Desktop Metal has not made any investments as of now.Here is the list of its acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Nov 16, 2021 | Acquisition | 2019 | Stoke on Trent (United Kingdom) | |
Sep 09, 2021 | Acquisition | 1982 | Taino (Italy) | |
May 17, 2021 | Acquisition | 2014 | Dallas (United States) |
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Reports related to Desktop Metal
Here is the latest report on Desktop Metal's sector:
News related to Desktop Metal
Filter this listMedia has covered Desktop Metal for a total of 2 events in the last 1 year.
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Arc Impact Acquires Desktop Metal Assets, Relaunching as AI-Driven Manufacturing PlatformMiningstockeducation•Sep 16, 2025•ARC Group, Desktop Metal, , Arc and 3 others
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Quantum Acquires BCN3D's Assets After Bankruptcy FilingTCT Magazine•Aug 19, 2025•BCN3D, Quantum, Anzu Partners, Desktop Metal
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Anzu Partners affiliate to acquire EnvisionTec GmbHTCT Magazine•Aug 14, 2025•Anzu Partners, Desktop Metal, EnvisionTEC
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3-D Printer Maker Desktop Metal Risks Liquidation Without Sale of AssetsThe Wall Street Journal•Jul 30, 2025•Desktop Metal
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Nano Dimension Statement on Desktop Metal Bankruptcy and No Asset AcquisitionGlobeNewswire•Jul 29, 2025•Nano Dimension, Desktop Metal
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Desktop Metal files for Chapter 11 bankruptcy; foreign subsidiaries to be soldTCT Magazine•Jul 29, 2025•Desktop Metal, Anzu Partners, ExOne
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Nano Dimension subsidiary Desktop Metal files for bankruptcySeeking Alpha•Jul 28, 2025•Desktop Metal
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Desktop Metal to Pursue Sale of Business Through Court-Supervised ProcessPR Newswire•Jul 28, 2025•Anzu Partners, Desktop Metal, ExOne
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