Layoff
Formlabs confirmed layoffs totaling fewer than 40 people from a headcount just under 750, occurring in waves over the prior two years and including recent cuts; the company said it continued hiring and investing in R&D.
SourceCompany research
Public company, workplace, funding, and market signals
Updated Aug 5, 2026
Overview
Formlabs is a privately held Somerville, Massachusetts additive-manufacturing company founded by MIT graduates. It makes professional, relatively accessible 3D-printing systems spanning resin-based SLA/LFD, powder-based SLS, software, post-processing, and proprietary materials; it reports 130,000+ printers sold, 500M+ parts printed, 750+ employees, and 45+ materials.
Primary product
Professional 3D-printing ecosystem: Form 4/Form 4L resin printers, Fuse 1+ 30W and Fuse X1 SLS printers, PreForm software, post-processing equipment, and materials. The newest major product is Fuse X1, a large-format industrial SLS system starting at $84,999.
Founded
2011
Headquarters
Somerville, Massachusetts, United States (global headquarters)
Team size
Approximately 700–800; Formlabs states 750+ globally; third-party estimates range from 756 to 781 in 2026.
Work style
Hybrid
Industry
Computers and electronics manufacturing
Sub-industry
Professional 3D printing / additive manufacturing
Offices
Somerville/Boston, Massachusetts, United States
Millbury, Ohio, United States
Milwaukee, Wisconsin, United States
Berlin, Germany
Budapest, Hungary
Shenzhen, China
Tokyo, Japan
Singapore
Business model
Direct sale of 3D printers and post-processing equipment
Funding
Stage
Late-stage venture / Series E private company
Total raised
$254M
Latest round
Series E (database records also show a small 2024 later-stage/Series E transaction) · May 2021
Latest amount
$150M
$393K
May 2021 · SoftBank Vision Fund
People & investors
Leadership
Co-founder and CEO
Co-founder and Chairman
Chief Product Officer
Nick Graham
Chief Revenue Officer
Work & culture
The careers site describes a culture centered on curiosity, autonomy, and results, with engineering-led collaboration, fast iteration, and a mission of expanding access to digital fabrication. Public employee-review signals are mixed, so the official culture claims should be balanced against those reviews.
Work style
Hybrid
Visa sponsorship
Yes
Compensation
Public H-1B/PERM records indicate sponsorship, especially for mechanical, manufacturing, software, technical-program, materials, and print-process roles. H-1B salary data shows roughly $87,500–$128,000 for the middle 50%, with a reported median near $99,000; Glassdoor estimates span approximately $44,000–$336,000 by role and reports a 2.9/5 compensation-and-benefits rating. These are directional third-party signals, not an official company pay band.
Benefits
Health, dental, and vision insurance
401(k)
Equity/company stock
Flexible spending account
Parental leave and family medical leave
Commuter benefits
Free snacks and drinks
Professional development/customized development tracks
Product & market
Pricing
Hardware sold by configuration and application; materials are recurring consumables; software is part of the integrated ecosystem; service plans, support, training, and enterprise/dental offerings are additional or bundled. Public examples include Form 4/4L and Fuse systems sold online or through sales/partners; Fuse X1 starts at $84,999.
Differentiators
- —Professional SLA and SLS in an integrated, comparatively accessible ecosystem
- —Strong ease-of-use and workflow integration through PreForm and automated post-processing
- —Broad proprietary materials portfolio and application-specific dental/medical materials
- —Global direct-sales, partner, support, and customer-experience footprint
- —Lower claimed cost and smaller footprint than legacy industrial SLS/MJF systems
- —Large installed base and reported 500M+ printed parts
Scale & contact
Estimated revenue
Approximately $250M–$300M annually; Formlabs publicly stated annual revenue surpasses $250M, while LinkedIn/company-data signals estimate $200M–$300M.
Signals & risks
Acquisition
Jul 2024Acquired Wisconsin-based desktop-SLS startup Micronics; its founders and team joined Formlabs. The Micronics Kickstarter was cancelled as part of the transaction.
SourceAcquisition
Nov 2019Acquired Spectra Group Photopolymers and invested in an ISO 13485/FDA-registered biocompatible-materials facility.
Latest news
DailyCADCAM · Jul 2026
Covers the Shenzhen partner summit, Fuse X1 regional rollout, reported annual revenue above $250M, and customer examples including Tesla, Radio Flyer, and Autotiv.
VoxelMatters · Jul 2026
Reports record Q2 2026 performance across total, hardware, non-hardware, services, and SLS sales, plus plans for three additional printer platforms.
Formlabs · Jun 2026
Announces Fuse X1 at $84,999, claiming 50% lower cost per part and 3x the throughput of comparable industrial systems, with Q4 2026 deliveries.
TechCrunch · Aug 2024
Reports fewer than 40 layoffs in waves over two years, while Formlabs said it remained revenue-growing and continued hiring and R&D investment.
Open Positions
192 jobs at Formlabs
Operation Program Manager_SEA
On-site
Manufacturing
Hanoi
Today
On-site
Full-time