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.
- Website
- www.faro.com/en
- 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
Investors
Ranked
2nd among 105 active competitors
Annual Revenue
$100M - $500M as on Dec 31, 2024
Employee Count
1,946 as on Dec 04, 2025
Similar Companies
Exit Details
Acquired by AMETEK (May 06, 2025)
Legal entities associated with FARO Technologies
FARO Technologies is associated with 6 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FARO TECHNOLOGIES INC CIN: 917491 , United States, Active | $100M - $500M (As on Dec 31, 2024) | - | - | |
FARO BUSINESS TECHNOLOGIES INDIA PRIVATE LIMITED CIN: U51505DL2004PTC222553 , India, Active | Dec 09, 2004 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 37 (As on Jan 01, 2026) | |
Faro Technologies, Inc CIN: 59-3157093 , United States, Active | Dec 31, 1980 | - | 491 (As on Dec 31, 2021) | - |
Faros-Euro s.r.o. CIN: 25697901 , Czech Republic, Active | Oct 01, 1998 | - | - | |
Faro Technologies, Inc. CIN: 593157093 , United States, Active | Dec 26, 999 | - | 400 (As on Dec 31, 2024) | - |
Faro Technologies, Inc. CIN: 536867 , United States, Active | Dec 20, 2016 | - | - | - |
FARO Technologies's acquisition details
Click here to take a look at FARO Technologies's acquisition in detail
Sign up to download FARO Technologies' company profile
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 |
View details of FARO Technologies's funding rounds and investors
FARO Technologies' founders and board of directors
Founder? Claim ProfileFARO 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:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
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:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Calterah Semiconductor 2014, Shanghai (China), Series D | Developer of CMOS millimeter wave radar sensors | - | 61/100 | |
2nd | FARO Technologies 1981, Lake Mary (United States), Acquired | Developer of 3D scanners for coordinate measurements | $1.5M | 61/100 | |
3rd | Renishaw 1973, Wotton under Edge (United Kingdom), Public | Precision engineering company providing metrology, healthcare, and manufacturing technology solutions | - | 60/100 | |
4th | Occipital 2008, Boulder (United States), Series C | Provider of augmented reality-based mounted 3D scanners | $41.8M | 58/100 | |
5th | VoxelSensors 2020, Brussels (Belgium), Seed | Developer of spatial and empathic computing technology using single photon sensors | $10.3M | 58/100 | |
6th | Intel® RealSense 2013, Santa Clara (United States), Funding Raised | Provider of depth and tracking cameras | - | 55/100 | |
7th | Developer of a 3D computer vision platform | $13.5M | 53/100 | ||
8th | Application that allows 3D capture using single standard camera | $24.9M | 51/100 | ||
9th | PrimeSense 2005, Tel Aviv (Israel), Acquired | Provider of 3D sensing technology | $79.4M | 50/100 | |
10th | Provider of image sensors | - | 48/100 |
Looking for more details on FARO Technologies's competitors? Click here to see the top ones
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:
Filter 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) |
See all acquisitions by FARO Technologies
Reports related to FARO Technologies
Here is the latest report on FARO Technologies's sector:
News related to FARO Technologies
Media has covered FARO Technologies for a total of 3 events in the last 1 year, 2 of them have been about company updates.
•
•
Faro and Creaform form two new divisions for measurement technologyWileyindustrynews•Jan 14, 2026•Creaform, FARO Technologies
•
AMETEK Acquires FARO Technologies for $920 Millionintelligence360•Aug 07, 2025•AMETEK, FARO Technologies
•
AMETEK Completes Acquisition of FARO Technologies for $920 MillionPR Newswire•Jul 21, 2025•AMETEK, FARO Technologies
•
AMETEK Acquires FARO Technologies to Lead in 3D Metrology SolutionsForexTV•Jul 21, 2025•FARO Technologies, AMETEK
•
AMETEK Acquires FARO Technologies, Enhancing Leadership in 3D MetrologyEIN Presswire•Jul 21, 2025•AMETEK, FARO Technologies
•
•
Vontobel Holding Ltd. Invests $437,000 in FARO Technologies, Inc. (NASDAQ:FARO)MarketBeat•Jul 08, 2025•Vontobel, FARO Technologies
•
•
AMETEK, Inc. acquires shares and control in FARO Technologies, Inc.FinanzNachrichten•Jun 03, 2025•AMETEK, FARO Technologies
Are you a Founder ?
FAQs about FARO Technologies
Explore our recently published companies
- Yug Global - Mumbai based, 2007 founded, Unfunded company
- Bateman Engineering - Aurora based, 1999 founded, Acquired company
- Nxtinfratrust.com - Unfunded company
- Greenhorn Wellness - Bengaluru based, 2020 founded, Unfunded company
- Infiligence - Pleasanton based, 2024 founded, Unfunded company
- Gmfoods.co.in - India based, Unfunded company