Companies · Other Technology

Formlabs Inc.

SOMERVILLE · Other Technology

Diligence memoA one-page analyst read on Formlabs Inc. — recommendation, valuation, rhythm, risks.
$84.5M
Total raised · real
5
Rounds
0.0×
Latest step-up
Top 5%
Sector rank · raised
Series B
Latest stage · inferred · Wed Jul 10 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Formlabs Inc. looks under-valued against its niche peers and is quiet on financing cadence.

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

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

Under-valued
  • Modeled value is 0.01× the median modeled value of Series B Other Technology companies in 2022–2024 (514 peers) — value vs value, same stage and era.
Quiet
  • Last raise 24 mo ago; this sector typically re-raises about every 13 months.
  • Slightly overdue versus sector 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 Other Technology

Formlabs Inc. is one of 21292 Other Technology companies tracked from SOMERVILLE. By capital raised it ranks among the largest (ahead of 96% of sector peers), and in the long tail 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 504
Reg D exemption
1
Investors (latest)
2024-07-10
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$500M$1.0B$1.5B$2.0BPre-Seed · 2011-11-09 Raised $500K (real) Modeled valuation $21M (est)$500K$21MPre-Seed2011Series B · 2016-07-25 Raised $39M (real) Modeled valuation $1.2B (est)$39M$1.2BSeries B2016Series B · 2018-03-13 Raised $30M (real) Modeled valuation $914M (est)$30M$914MSeries B2018Series B · 2018-07-16 Raised $15M (real) Modeled valuation $457M (est)$15M$457MSeries B2018Series B · 2024-07-10 Raised $393K (real) Modeled valuation $2.9M (est)$393K$2.9MSeries B2024+$39M+$30M+$15M+$393KCumulative $85M

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
Pre-Seed$500K · 2011
Series B$38.6M · 2016no Seed / Series A on file
Series B extension$30.0M · 2018
Series B extension$15.0M · 2018
Series B extension$393K · 2024

Stages are modeled from round size (public records carry no series label). No record for: Seed, Series A — 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
$2.9M
Base estimate est.
$963K
Conservative case
$5.2M
Upside case
$2.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ba $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $21.2M · 2011-11-092011Series B · modeled $1.2B · 2016-07-25Series B · modeled $913.7M · 2018-03-13Series B · modeled $456.8M · 2018-07-16Series B · modeled $2.9M · 2024-07-102024
Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
67%
Survival probability
44% low · 81% high
1.42×/yr
Annual markup
1.72×/yr upside case
2.0 yr
Elapsed time used
2.0 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
38 mo
Avg between rounds
$6.7M/yr
Capital velocity
14.6 yr
On record since
2011
First round
5
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. 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) 27× above median
This company$84.5M
Sector median$3.2M
Latest round — vs other Series B rounds in sector (real $, this stage) 0.0× of median
This company$393K
Sector median$19.2M
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$2.9M
Sector median$37.3M

Raised more than 96% of sector peers (real $). Modeled value above 7% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) 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 company ranks #512 of 514.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$10.0B$10.0M$100.0MCapital raised (log)Contabilizei Co · Series B Raised $66.4M · modeled $707.8M (est)Skan, Inc. · Series B Raised $39.3M · modeled $684.7M (est)Design Barn Inc. · Series B Raised $37.0M · modeled $662.7M (est)SKAEL, Inc. · Series B Raised $37.9M · modeled $658.4M (est)Maze.Design, Inc. · Series B Raised $57.0M · modeled $649.8M (est)Infinity Stones Inc. · Series B Raised $78.9M · modeled $648.5M (est)GridX, Inc. · Series B Raised $54.7M · modeled $623.3M (est)Convictional, Inc. · Series B Raised $43.4M · modeled $608.7M (est)SourceDay, Inc. · Series B Raised $58.0M · modeled $599.3M (est)Xatabase, Inc. · Series B Raised $35.0M · modeled $596.0M (est)Concord SCC Ltd · Series B Raised $39.8M · modeled $585.1M (est)sovrn Holdings, Inc. · Series B Raised $80.4M · modeled $559.5M (est)Formlabs Inc. (this company) Raised $84.5M · modeled $2.9M (est)Formlabs Inc.
CompanyStageRaised · realValue · estvs peer med.
Contabilizei CoSeries B$66.4M$707.8M3.30×
Skan, Inc.Series B$39.3M$684.7M3.19×
Design Barn Inc.Series B$37.0M$662.7M3.09×
SKAEL, Inc.Series B$37.9M$658.4M3.07×
Maze.Design, Inc.Series B$57.0M$649.8M3.03×
Infinity Stones Inc.Series B$78.9M$648.5M3.02×
GridX, Inc.Series B$54.7M$623.3M2.90×
Convictional, Inc.Series B$43.4M$608.7M2.84×
SourceDay, Inc.Series B$58.0M$599.3M2.79×
Xatabase, Inc.Series B$35.0M$596.0M2.78×
Concord SCC LtdSeries B$39.8M$585.1M2.73×
sovrn Holdings, Inc.Series B$80.4M$559.5M2.61×
Formlabs Inc. this companySeries B$84.5M$2.9M0.01×
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.
Pre-Seed$500K2011-11-09$2.8M$21.2M85%
Series B$38.6M2016-07-25$214.6M$1.2B85%
Series B$30.0M2018-03-13$166.7M$913.7M90%
Series B$15.0M2018-07-16$83.3M$456.8M90%
Series B$393K2024-07-10$2.2M$2.9M90%
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. Pre-Seed$500K2011-11-09
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
  2. Series B$38.6M2016-07-25
    • Raised again after 57 mo — slower than the ~13 mo sector norm.
    • Round 77.3× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 14 investors on this round.
  3. Series B$30.0M2018-03-13
    • Raised 20 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 11 investors on this round.
  4. Series B$15.0M2018-07-16
    • Came back fast: 4 mo vs the ~13 mo sector norm.
    • Round 2.0× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  5. Series B$393K2024-07-10
    • Raised again after 72 mo — slower than the ~13 mo sector norm.
    • Round 38.2× smaller than the prior — bridge or down round.
    • Switched to Rule 504 (was Rule 506(b)).
    • 1 investor on this round.
Intelligence
2027 ~Q3
Modeled next raise · ~38mo cadence
$393K
Modeled next size est.range $393K$629K
0.0×
Last step-up
$6.7M/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
Brad Feld28 other2018-07
Barry Schuler8 other2018-07
Carl Bass7 other2018-07
Jeffrey Immelt4 other2018-07
Natan Linder2 other2018-07
Maxim Lobovsky1 other2018-07
Barry Boris Schuler2016-07
Brad Boris Feld2016-07
Carl Boris Bass2018-03
Chris Capossela2024-07
John David Cranor III2011-11
Maxim Boris Lobovsky2011-11
Nadia Shouraboura2024-07
Natan Boris Linder2016-07
Natan David Linder2011-11
Shirley Paley2024-07
Registry & provenance

Formlabs 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
1535399
SEC CIK
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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.

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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
Formfactor IncOther TechnologySeries B$93.1M90%
FormX Inc.Other TechnologySeries A$31.6M89%
Formplus Inc.Other TechnologyPre-Seed$3.9M89%
forml, Inc.Other TechnologyPre-Seed$2.8M89%
Formetrix, Inc.Other TechnologySeries A$13.3M88%
FormAssembly, Inc.Other TechnologySeries A$25.2M87%
ForMotiv Inc.Other TechnologySeries A$20.4M87%
Forms Logic Inc.Other TechnologySeed$6.1M86%
Frequently asked
How much funding has Formlabs Inc. raised?
Formlabs Inc. has raised approximately $84.5M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Formlabs Inc.'s estimated valuation?
Provath's modeled valuation for Formlabs Inc. is approximately $2.9M (modeled range $963K–$5.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Formlabs Inc. at?
Formlabs Inc.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Wed Jul 10.
What does Formlabs Inc. do and where is it based?
Formlabs Inc. operates in the Other Technology sector, based in SOMERVILLE.
Explore related

See where Formlabs 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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