Toybox Labs, LLC

Toybox Labs, LLC is a 3D printing company that empowers consumers to create custom toys and objects using an intuitive, cloud-based platform and an easy-to-use 3D printer designed for all ages. Founded in 2016 in Oakland, US, Toybox Labs, LLC focuses on simplifying the 3D printing process for users. The company has successfully completed three deals, with the most recent funding round occurring on August 5, 2020. The CEO is Ben Baltes, one of the co-founders, alongside Jenn Chin, Tamara Schembri, and Zach Oligschlaeger.

Toybox Labs specializes in the development of the Toybox 3D Printer, designed to streamline the 3D printing process for users of every age. This printer enables the creation of a diverse array of custom toys and objects through a cloud-based platform that offers a library of pre-designed models. Targeting both individual consumers and educational institutions, the Toybox 3D Printer serves markets primarily in North America and Europe, catering to families, educators, and hobbyists. The revenue model of Toybox Labs revolves around direct-to-consumer sales, subscription services, and partnerships with educational institutions.

Clients purchase the Toybox 3D Printer and subscribe for access to an evolving library of designs, providing ongoing value through new content. The pricing strategy aims to maintain accessibility while ensuring profitability, allowing for bulk purchase options for schools and educational packages to diversify revenue streams. Following the most recent funding round led by Legendary Ventures in August 2020, Toybox Labs aims to expand its product offerings and market presence. Plans include launching new products that enhance user experience and expanding into new geographic regions, particularly targeting additional markets in Europe.

The funding will be utilized to support the development of these initiatives and ensure the company meets the growing demand for their innovative 3D printing solutions.