Formlabs is a technology company focusing on 3D printing, design, and engineering. Established in 2011 in Somerville, MA, the firm creates affordable high-resolution 3D printers to empower designers, engineers, and makers in manifesting their visions into tangible forms. Their 3D printing systems cater to various industries including education, dentistry, healthcare, jewelry, and research. Formlabs achieved unicorn status in August 2018 with a valuation of $1 billion.
Led by CEO Maxim Lobovsky, Formlabs employs around 500 people and generates annual revenue of $82.5 million. The company offers competitive salaries, with an average employee earning $84,326 per year. Compared to high-paying competitors like Sumo Logic, VMware, and Fortinet, Formlabs' pay scale may be considered relatively lower but remains a significant player in the technology industry.
