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FARO Technologies - About the company

FARO Technologies is an acquired company based in Lake Mary (United States), founded in 1981. It operates as a Developer of 3D scanners for coordinate measurements. FARO Technologies has raised $1.5M in funding, with last known valuation of $*****. The company has 105 active competitors, including 26 funded and 17 that have exited. Its top competitors include companies like Calterah Semiconductor, Renishaw and Occipital.

Company Details

Developer of 3D scanners for coordinate measurements. It offers solutions for 3D measurement, imaging, and realization systems. It develops and markets computer-aided measurement and imaging devices. It also provides precision 3D measurement, imaging, and comparison of parts within production and quality management processes. It also offers software for the management and monitoring of these instruments and generated data. The offering industries include aerospace, shipbuilding, metalworking, engineering, etc.
Social
X
Registered Address
Lake Mary, Florida
Key Metrics
Founded Year
1981
Location
Lake Mary, United States
Stage
Acquired
Total Funding
$1.5M in 2 rounds
Latest Funding Round
Last Known Valuation
$***** as on May 06, 2025
Ranked
Annual Revenue
$100M - $500M as on Dec 31, 2024
Employee Count
1,946 as on Dec 04, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by AMETEK (May 06, 2025)

FARO Technologies's acquisition details

FARO Technologies got acquired by AMETEK on May 06, 2025 at an acquisition amount of $*****.
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FARO Technologies's funding and investors

FARO Technologies has raised a total funding of $1.5M over 2 rounds. Its first funding round was on Apr 23, 2001. FARO Technologies has 1 institutional investor.

Here is the list of recent funding rounds of FARO Technologies:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 2003
3851230
Post IPO
1777440
3472806
9983617
9080720
Apr 23, 2001
1423946
Unattributed
8963294
7545362
2598006
4442302
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FARO Technologies' founders and board of directors

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FARO Technologies' employee count trend

FARO Technologies has 1,946 employees as of Dec 25. Here is FARO Technologies's employee count trend over the years:
Employee count trend for FARO Technologies
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FARO Technologies's Competitors and alternates

Top competitors of FARO Technologies include Calterah Semiconductor, Renishaw and Occipital. Here is the list of Top 10 competitors of FARO Technologies, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Calterah Semiconductor
Calterah Semiconductor
2014, Shanghai (China), Series D
Developer of CMOS millimeter wave radar sensors
-
61/100
2nd
Logo for FARO Technologies
FARO Technologies
1981, Lake Mary (United States), Acquired
Developer of 3D scanners for coordinate measurements
$1.5M
61/100
3rd
Logo for Renishaw
Renishaw
1973, Wotton under Edge (United Kingdom), Public
Precision engineering company providing metrology, healthcare, and manufacturing technology solutions
-
60/100
4th
Logo for Occipital
Occipital
2008, Boulder (United States), Series C
Provider of augmented reality-based mounted 3D scanners
$41.8M
58/100
5th
Logo for VoxelSensors
VoxelSensors
2020, Brussels (Belgium), Seed
Developer of spatial and empathic computing technology using single photon sensors
$10.3M
58/100
6th
Logo for Intel® RealSense
Intel® RealSense
2013, Santa Clara (United States), Funding Raised
Provider of depth and tracking cameras
-
55/100
7th
Logo for Airy 3D
Airy 3D
2015, Montreal (Canada), Series A
Developer of a 3D computer vision platform
$13.5M
53/100
8th
Logo for Wooptix
Wooptix
2016, Madrid (Spain), Series C
Application that allows 3D capture using single standard camera
$24.9M
51/100
9th
Logo for PrimeSense
PrimeSense
2005, Tel Aviv (Israel), Acquired
Provider of 3D sensing technology
$79.4M
50/100
10th
Logo for Framos
Framos
1981, Taufkirchen (Germany), Funding Raised
Provider of image sensors
-
48/100
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FARO Technologies's Investments and acquisitions

FARO Technologies has not made any investments yet. FARO Technologies has made 17 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Dec 01, 2022
Acquisition
2020
New York City (United States)
Sep 01, 2022
Acquisition
2012
Ruddington (United Kingdom)
Jun 07, 2021
Acquisition
2015
San Francisco (United States)
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Reports related to FARO Technologies

Here is the latest report on FARO Technologies's sector:

News related to FARO Technologies

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Media has covered FARO Technologies for a total of 3 events in the last 1 year, 2 of them have been about company updates.
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