Diligence memo · auto-generated · as of July 2, 2026
Formlabs Inc.
Formlabs Inc. looks under-valued against its niche peers and is quiet on financing cadence.
Businessfiled
Formlabs Inc. operates in Other Technology, based in SOMERVILLE.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Formlabs Inc. has raised $85M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $39M on 2016-07-25.
Most recent recorded round closed around 2024-07-10.
Valuation (modeled)modeled
Provath models Formlabs Inc. at approximately $2.9M (range $963K–$5.2M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
Historic cadence: a new round about every 38 months.
Last raise 24 mo ago; this sector typically re-raises about every 13 months.
Slightly overdue versus sector cadence.
The last round was 38.2× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 96% of Other Technology peers (21302 compared).
Modeled value ranks above 7% of those peers.
Closest niche peers: Contabilizei Co, Skan, Inc., Design Barn Inc., SKAEL, Inc., Maze.Design, Inc..
Peoplefiled
16 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.