Makerbot
Makerbot is a company.
Financial History
Leadership Team
Key people at Makerbot.
Makerbot is a company.
Key people at Makerbot.
Key people at Makerbot.
MakerBot Industries is a pioneering 3D printing company founded in 2009 that popularized affordable desktop 3D printers for consumers, educators, hobbyists, and small businesses.[1][2][4] It builds fused deposition modeling (FDM) printers like the Cupcake CNC, Thing-O-Matic, and Replicator series, serving makers, schools, startups, and enterprises by enabling rapid prototyping, custom manufacturing, and creative fabrication at low cost.[3][5][7] MakerBot solves the problem of inaccessible manufacturing by democratizing 3D printing through open-source roots and user-friendly kits, though growth later slowed after its 2013 acquisition by Stratasys for $403 million, shifting focus to consumer and desktop markets amid layoffs and retail closures.[1][3]
Early sales momentum was explosive—750 units in 2009, 2,300 in 2010, over 13,000 by 2012—fueled by $10 million from Foundry Group and angel investments, capturing 21.6% market share by 2011.[2][4] Post-acquisition, it operated as a Stratasys brand, but faced challenges including leadership changes and downsizing in 2015.[1]
MakerBot was founded in January 2009 in New York (initially Brooklyn) by Bre Pettis (former teacher and Etsy videographer who co-founded NYC Resistor hackerspace), Adam Mayer, and Zach Smith (RepRap Research Foundation member).[1][2][4][5][8] The idea emerged from the open-source RepRap project, launched in 2005 by Adrian Bowyer to create self-replicating 3D printers using FDM technology—Pettis discovered it during a 2007 art residency in Vienna while seeking a robot to print shot glasses.[1][3][5][7]
They launched the Cupcake CNC kit in 2009, based on RepRap, with such high demand (3,500 units shipped) that owners printed parts for new ones; seed funding included $75,000 from Jake Lodwick and Bowyer.[1][4][5] The 2010 Thing-O-Matic followed with upgrades. Pivotal moments: 2011 Foundry Group $10M investment (Smith ousted, early layoffs), Thingiverse launch for designs, first retail store in 2012, and 2013 Stratasys acquisition—Pettis departed, Jonathan Jaglom took over amid 2015 cuts.[1][2][3]
MakerBot stood out in early desktop 3D printing through these key strengths:
Challenges emerged later: Product quality issues, abandoning open-source (angering community), and integration struggles under Stratasys.[3][5]
MakerBot rode the desktop 3D printing revolution, capitalizing on RepRap's open-source momentum and 2009 FDM patent expiration to bring prototyping from factories to homes/schools.[7] Timing was ideal amid maker movement growth (hackerspaces, Etsy), fueling trends in digital fabrication, customization, and DIY manufacturing—shipping thousands of printers popularized Thingiverse as a global design hub.[3][6]
Market forces like falling hardware costs and VC interest (e.g., $10M round) worked in its favor, influencing the ecosystem by inspiring competitors, education adoption, and Fortune 50 use.[2][6] It bridged hobbyist innovation to commercial viability, but acquisition highlighted tensions between open-source ideals and scaled production, shaping industry consolidation under firms like Stratasys.[1][3]
MakerBot transformed from 2009 upstart to 3D printing icon, but post-2013 Stratasys era brought stagnation via layoffs and store closures—now a legacy brand in desktop FDM.[1][3] Next: Likely deeper Stratasys integration, emphasizing software ecosystems like Thingiverse and hybrid industrial-desktop models amid maturing 3D printing market.
Trends like AI-driven design, sustainable materials, and mass customization will shape it; influence may evolve toward B2B reliability over consumer hype, potentially regaining momentum if Stratasys innovates on affordability. This pioneer proves open-source sparks revolutions, even if scaling tests ideals—echoing its RepRap roots in self-replication.[7][8]