Desktop Metal

Desktop Metal

Desktop Metal is reinventing the way design and manufacturing teams print with metal. Learn more

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2019202020212022202320242025
Revenues34.6m16.5m112m209m190m188m209m
% growth-(52 %)583 %86 %(9 %)(1 %)11 %
EBITDA(<1m)(82.5m)(151m)(182m)(147m)(25.6m)(8.8m)
% EBITDA margin-(501 %)(134 %)(87 %)(78 %)(14 %)(4 %)
Profit(<1m)(90.4m)(240m)(740m)(323m)(131m)(104m)
% profit margin(2 %)(549 %)(214 %)(354 %)(170 %)(70 %)(50 %)
EV / revenue-236.7x11.3x1.2x1.3x0.8x0.7x
EV / EBITDA--47.3x-8.4x-1.3x-1.7x-5.7x-16.6x
R&D budget4.7m43.1m68.1m96.9m85.1m--
R&D % of revenue14 %262 %61 %46 %45 %--
  • Edit
DateInvestorsAmountRound
-

N/A

-

$4.0m

Series B

$45.0m

Valuation: $305m

Series C
*

$115m

Valuation: $885m

Series D
*

$65.0m

Valuation: $1.0b

Series D
*

$160m

Valuation: $1.0b

Series E
N/A

N/A

IPO
*

N/A

Support Program

N/A

Late VC
*

N/A

Acquisition
*

$135m

Valuation: $135m

Acquisition
Total FundingAUD675m

Recent News about Desktop Metal

Edit
More about Desktop Metalinfo icon
Edit

Desktop Metal, Inc. is a pioneering company in the field of metal 3D printing, offering advanced manufacturing solutions designed for the factory floor. The company specializes in high-speed mass production of metal parts, catering to a diverse range of industries including consumer goods, automotive, heavy industry, and education. Desktop Metal's technology allows for rapid prototyping, enabling manufacturers to quickly test new designs for functionality and market feedback. This flexibility also supports low-volume and regionally targeted production, providing greater design freedom and customization.

The company's business model revolves around selling 3D printing systems and related services. These systems are designed to simplify the manufacturing process, reduce lead times, and lower costs by enabling on-demand production of custom parts. Desktop Metal's clients include some of the most innovative companies globally, who leverage the technology to reinvent how metal parts are created. The company also serves educational institutions, providing tools that help students develop important career skills.

Desktop Metal makes money through the sale of its 3D printing systems, consumables like printing materials, and maintenance services. The company operates in the additive manufacturing market, a sector that is rapidly growing as more industries adopt 3D printing technologies for their production needs.

In summary, Desktop Metal is transforming traditional manufacturing with its cutting-edge metal 3D printing technology, offering solutions that enhance design flexibility, reduce costs, and streamline production processes.

Keywords: Metal 3D printing, rapid prototyping, mass production, factory floor, custom parts, manufacturing solutions, additive manufacturing, innovative companies, educational tools, design freedom.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.

Investments by Desktop Metal

Edit
Shapeways
exited
Adaptive3D
ACQUISITION by Desktop Metal May 2021
ExOne
ACQUISITION by Desktop Metal Aug 2021
Aerosint
ACQUISITION by Schaeffler Oct 2023
Beacon Bio
ACQUISITION by Desktop Metal Sep 2021