Rize Inc.

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Rize Inc. - overview

Established

2012

Location

Woburn, MA, US

Primary Industry

Hardware

About

Rize Inc. specializes in advanced 3D printing technologies, offering innovative solutions that combine functional printing with composite materials and vibrant full-color capabilities. Founded in 2012 and headquartered in Woburn, US, Rize Inc. focuses on advanced 3D printing solutions.


The company raised USD 15 mn in Series B funding on February 12, 2019, with participation from Converge Venture Partners, Dassault Systemes, Innospark Ventures, and Sparta Group. Eugene Giller is the founder, and Andy Kalambi serves as CEO. Rize Inc. provides advanced 3D printing solutions, focusing on functional printing with composite materials and full-color capabilities.


Their core offerings include a variety of 3D printers suitable for manufacturing, education, and design. They maintain a continuous supply of filament materials for existing customers and are developing new services, including full-color 3D printing, to enhance their technological ecosystem and expand their client base in North America and Europe. Rize Inc. 's revenue model is based on direct sales of 3D printing devices and consumables to both businesses and individual customers.


Their transactions include the sale of printers and filament materials, supported by after-sales assistance. The company operates primarily on a B2B basis for larger transactions while also serving individual consumers who require specialized filament. Their pricing structure reflects the advanced materials and technologies used and aims to remain competitive for both existing and new clients. Rize Inc.


plans to leverage the USD 15 mn raised in Series B funding to enhance its product offerings and expand into new geographic markets, including targeted regions in North America and Europe. The company is focusing on the development of upcoming products and services designed to improve their technology ecosystem. This strategic funding will support initiatives aimed at optimizing production and prototyping processes, catering to diverse industry needs.


Current Investors

Longworth Venture Partners, SB Capital Partners, Converge Venture Partners

Primary Industry

Hardware

Sub Industries

Computer & Related Peripherals

Website

www.rize3d.com

Verticals

3D Printing

Company Stage

Series B

Total Amount Raised

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