Mark Forged
Financials
Estimates*
USD | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
---|---|---|---|---|---|---|---|
Revenues | 70.0m | 71.9m | 91.2m | 101m | 93.8m | 91.1m | 99.1m |
% growth | - | - | 27 % | 11 % | (7 %) | (3 %) | 9 % |
EBITDA | - | (15.8m) | (59.6m) | (84.6m) | (63.2m) | - | - |
% EBITDA margin | - | (22 %) | (65 %) | (84 %) | (67 %) | - | - |
Profit | - | (18.0m) | 3.9m | (25.4m) | (104m) | - | - |
% profit margin | - | (25 %) | 4 % | (25 %) | (110 %) | - | - |
R&D budget | - | 17.2m | 32.2m | 42.4m | 40.7m | - | - |
R&D % of revenue | - | 24 % | 35 % | 42 % | 43 % | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
$1.1m | Seed | ||
$1.1m | Seed | ||
$8.5m | Series A | ||
$15.2m | Series B | ||
$30.0m | Series C | ||
$82.0m | Series D | ||
N/A | - | ||
$200m Valuation: $2.1b 29.2x EV/LTM Revenues -132.9x EV/LTM EBITDA | SPAC IPO | ||
$210m Valuation: $2.1b 29.2x EV/LTM Revenues -132.9x EV/LTM EBITDA | SPAC Private Placement | ||
N/A | N/A | IPO | |
Total Funding | AUD538m |
Related Content
Recent News about Mark Forged
EditMarkforged is a US-based company specializing in advanced 3D printing technology, particularly in metal and carbon fiber. Founded with the vision of revolutionizing manufacturing, the company has grown from a small garage operation to a global enterprise with a diverse team of engineers, scientists, and innovators. Markforged aims to address the shortcomings of traditional manufacturing and early additive manufacturing technologies, which were often too expensive, slow, or limited in material options.
The company serves a wide range of clients, including those in aerospace, automotive, healthcare, and industrial sectors. These clients benefit from Markforged's ability to produce high-quality, durable parts quickly and cost-effectively. The market for industrial 3D printing is growing rapidly, and Markforged is positioned as a leader in this space due to its innovative approach and robust technology.
Markforged operates on a business model that combines hardware sales, software subscriptions, and material sales. The company sells industrial 3D printers and associated systems, which are complemented by its proprietary Eiger 3D printing software and Blacksmith AI for adaptive manufacturing. These software solutions enhance the printing process by optimizing designs and ensuring high-quality output. Additionally, Markforged generates revenue through the sale of specialized printing materials, which are essential for producing durable and functional parts.
The company has received numerous accolades for its rapid growth and technological innovation. For instance, it ranked 110th on the Deloitte Technology Fast 500 list with a three-year growth rate of 1,157% between 2015 and 2018. Markforged has also been recognized for its impact on the local community and its potential for future growth.
In summary, Markforged is a pioneering company in the industrial 3D printing market, offering a comprehensive end-to-end solution that rivals traditional manufacturing in both speed and cost.
Keywords: 3D printing, industrial, metal, carbon fiber, manufacturing, innovation, software, hardware, adaptive manufacturing, materials.