Desktop Metal Revenue and Competitors

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Boston, MA USA

Location

#1067

Growjo Ranking

3D

Industry

Estimated Revenue & Valuation

  • Desktop Metal's estimated annual revenue is currently $64.1M per year.(i)
  • Desktop Metal received $160.0M in venture funding in January 2019.
  • Desktop Metal's estimated revenue per employee is $162,690
  • Desktop Metal's total funding is $711.8M.
  • Desktop Metal's current valuation is $1.4B. (January 2022)

Employee Data

  • Desktop Metal has 394 Employees.(i)
  • Desktop Metal grew their employee count by 20% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$88.9M43831%$346.8M$910.7M
#2
$23.8M23174%$205.1M$1B
#3
$637.4M25216%$264.2M$2.6B
#4
$582.6M194910%$20.7M$1.6B
#5
$69.3M32681%N/AN/A

Desktop Metal is reinventing the way design and manufacturing teams produce metal parts - from prototyping through mass production. Our team is built around the disciplines of materials science, hardware and software engineering, and design. We have raised $277 million in equity funding with investment from technology leaders including Google, BMW, Ford Motor Company, Lowe's, and Kleiner Perkins Caufield & Byers. In 2017, the company was selected as one of the world's 30 most promising Technology Pioneers by World Economic Forum, and was named to MIT Technology Review's list of 50 Smartest Companies. Located just outside of Boston we are assembling a team of experts and are looking to hire curious and driven engineers, scientists, and designers.

keywords:saas, Hardware

$711.8M

Total Funding

394

Number of Employees

$64.1M

Revenue (est)

20%

Employee Growth %

$1.4B

Valuation

N/A

Accelerator

Desktop Metal News

2022-04-17 - Desktop Metal launches affordable new ExOne S-Max Flex 3D ...

Industrial 3D printer manufacturer Desktop Metal (DM) has announced the launch of an accessible new binder jetting system.

2022-04-13 - Desktop Metal Introduces the All-New S-Max® Flex, a Robotic ...

New system joins Desktop Metal's category-leading ExOne S-Max line of industrial sand binder jetting solutions; S-Max Flex leverages the...

2022-04-13 - Desktop Metal's S-Max Flex makes 3D Printed sand casting ...

Desktop Metal announced the launch of the ExOne S-Max Flex, a scalable, large-format binder jetting system that 3D prints sand tooling.

2021-11-16 - Desktop Metal : Announces Third Quarter 2021 Financial Results - Form 8-K

Desktop Metal Announces Third Quarter 2021 Financial Results November 15, 2021 ● Revenue growth of 34% from the second quarter of 2021 to $25.4 million ● GAAP gross margin of 16%; non-GAAP gross margin of 27% ● Closed ExOne acquisition, cementing leadership in additive manufacturing for m ...

2021-08-12 - DESKTOP METAL : TO ACQUIRE EXONE, CEMENTING ITS LEADERSHIP IN ADDITIVE MANUFACTURING FOR MASS PRODUCTION (Form 8-K)

DESKTOP METAL TO ACQUIRE EXONE, CEMENTING ITS LEADERSHIP IN ADDITIVE MANUFACTURING FOR MASS PRODUCTION August 11, 2021 Acquisition Joins Two Additive Manufacturing Pioneers and Complementary Technology Platforms to Further Accelerate the Adoption of Additive Manufacturing 2.0 BOSTON, MA a ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$35M407N/AN/A
#2
$137.7M40820%N/A
#3
$111.4M4262%N/A
#4
$120M457N/AN/A
#5
$122.9M468-23%N/A

Desktop Metal Funding

DateAmountRoundLead InvestorsReference
2016-04-27$33.8MUndisclosedArticle
2016-07-07$52.0MUndisclosedGE VenturesArticle
2017-02-07$45.0MCGoogle VenturesArticle
2017-07-18$115.0MDMultipleArticle
2018-03-20$65.0MUndisclosedFord Motor CompanyArticle
2019-01-18$150.0MEArticle
2019-01-24$160.0MUndisclosedKoch Disruptive TechnologiesArticle