Companies · Mining & Resources

Desktop Metal, Inc.

Burlington · Mining & Resources · refined from filed group “Other

Diligence memoA one-page analyst read on Desktop Metal, Inc. — recommendation, valuation, rhythm, risks.
$207.4M
Total raised · real
3
Rounds
4.7×
Latest step-up
Top 2%
Sector rank · raised
Series D+
Latest stage · inferred · Mon Jan 14 2019 00:00:00 GMT+0000 (Coordinated Universal Time)

Desktop Metal, Inc. has raised $207M over 3 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the extractive sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Dormant
  • Last raise 7.5 yr ago; this sector typically re-raises about every 11 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Mining & Resources

Desktop Metal, Inc. is one of 701 Mining & Resources companies tracked from Burlington. By capital raised it ranks among the largest (ahead of 99% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
16
Investors (latest)
2015
Year incorporated
2019-01-14
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$250M$500M$750M$1.0BSeries A · 2015-10-20 Raised $14M (real) Modeled valuation $61M (est)$14M$61MSeries A2015Series B · 2016-04-11 Raised $34M (real) Modeled valuation $162M (est)$34M$162MSeries B2016Series D+ · 2019-01-14 Raised $160M (real) Modeled valuation $796M (est)$160M$796MSeries D+2019+$34M+$160MCumulative $207M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$13.9M · 2015
Series B$33.8M · 2016
Series D+$159.8M · 2019no Series C on file

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$796.4M
Base estimate est.
$860.2M
Conservative case
$1.7B
Upside case
$1.3B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Series A · modeled $60.5M · 2015-10-202015Series B · modeled $162.0M · 2016-04-11Series D+ · modeled $796.4M · 2019-01-142019
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
81%
Survival probability
65% low · 89% high
0.95×/yr
Annual markup
1.07×/yr upside case
6.0 yr
Elapsed time used
7.5 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
19 mo
Avg between rounds
$64.1M/yr
Capital velocity
10.7 yr
On record since
2015
First round
3
Rounds on file
How it compares to the market

Benchmarked against 701 companies in Mining & Resources. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 90× above median
This company$207.4M
Sector median$2.3M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 1.4× above median
This company$159.8M
Sector median$113.5M
Modeled value — vs sector median (estimate, all stages) 315× above median
This company$796.4M
Sector median$2.5M

Raised more than 99% of sector peers (real $). Modeled value above 99% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful.

This companyCohort peer
$100.0M$1.0B$10.0B$100.0M$1.0BCapital raised (log)Silver Spike Acquisition Corp. · Series D+ Raised $325.0M · modeled $1.7B (est)Hut 8 Mining Corp. · Series D+ Raised $109.6M · modeled $530.7M (est)Desktop Metal, Inc. (this company) Raised $207.4M · modeled $796.4M (est)Desktop Metal, Inc.
CompanyStageRaised · realValue · estvs peer med.
Silver Spike Acquisition Corp.Series D+$325.0M$1.7B2.08×
Desktop Metal, Inc. this companySeries D+$207.4M$796.4M1.00×
Hut 8 Mining Corp.Series D+$109.6M$530.7M0.67×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$13.9M2015-10-20$63.0M$60.5M85%
Series B$33.8M2016-04-11$187.6M$162.0M85%
Series D+$159.8M2019-01-14$1.3B$796.4M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$13.9M2015-10-20
    • First recorded raise — entered as Series A.
    • 21 investors on this round.
  2. Series B$33.8M2016-04-11
    • Came back fast: 6 mo vs the ~11 mo sector norm.
    • Round 2.4× larger than the prior — scaling up.
    • 6 investors on this round.
  3. Series D+$159.8M2019-01-14
    • Raised again after 33 mo — slower than the ~11 mo sector norm.
    • Round 4.7× larger than the prior — scaling up.
    • 16 investors on this round.
Intelligence
2020 ~Q3
Modeled next raise · ~19mo cadence
$479.4M
Modeled next size est.range $311.6M$767.0M
4.7×
Last step-up
$64.1M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Bilal Zuberi12 other2016-04
Dayna Grayson12 other2015-10
Wen Hsieh8 other2016-04
Andy Wheeler5 other2019-01
Jeffrey Immelt4 other2019-01
Ric Fulop3 other2015-10
Steve Papa3 other2019-01
Ken Washington1 other2019-01
Byron L. Knight2019-01
Registry & provenance

Desktop Metal, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1656886
SEC CIK
2015
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Code Metal, Inc.Mining & ResourcesSeries D+$181.9M$815.0Msame sector · same stage
MINERALRITE CorpMining & ResourcesSeries D+$180.0M$1.1Bsame sector · same stage
Hycroft Mining Holding CorpMining & ResourcesSeries D+$165.9M$387.8Msame sector · same stage
Eridu CorpOther TechnologySeries D+$187.5M$1.4Bnetwork1 shared operator · same stage
Tendo Systems Inc.Software / TechSeries D+$187.0M$1.6Bnetwork1 shared operator · same stage
Onshape Inc.Other TechnologySeries D+$185.0M$3.3Bnetwork1 shared operator · same stage
Imperial Metals CorpMining & ResourcesSeries D+$141.9M$93.9Msame sector · same stage
Spinlaunch Inc.Other TechnologySeries C$140.5M$100.8Mnetwork2 shared operators
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Metallic Minerals Corp.Mining & ResourcesSeed$7.5M87%
Metal Stacks, LLCMining & ResourcesPre-Seed$756K87%
Metalite Resources Inc.OtherPre-Seed$5.6M87%
Scientific Metals Corp.Mining & ResourcesPre-Seed$1.1M86%
Key Metals Corp.Mining & ResourcesSeries A$8.3M86%
Military Metals Corp.Mining & ResourcesPre-Seed$241K85%
Sun Metals Corp.Mining & ResourcesPre-Seed$899K85%
American Metal LLCMining & ResourcesPre-Seed$2.4M85%
Frequently asked
How much funding has Desktop Metal, Inc. raised?
Desktop Metal, Inc. has raised approximately $207.4M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Desktop Metal, Inc.'s estimated valuation?
Provath's modeled valuation for Desktop Metal, Inc. is approximately $796.4M (modeled range $860.2M–$1.7B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Desktop Metal, Inc. at?
Desktop Metal, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Mon Jan 14.
What does Desktop Metal, Inc. do and where is it based?
Desktop Metal, Inc. operates in the Mining & Resources sector, based in Burlington.
Explore related

See where Desktop Metal, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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