What is Inventables?
Inventables, Inc. is a key player in empowering small businesses, educators, and makers by providing comprehensive CNC (Computer Numerical Control) machine solutions. Their offerings include CNC machines, carving bits, materials, and the proprietary Easel software, all designed to simplify the creation of precision projects like signs and furniture. The company's focus on user-friendly tools and resources caters to a broad spectrum of users, from beginners to experienced makers, fostering creativity and innovation within the making community.
How much funding has Inventables raised?
Inventables has raised a total of $5M across 2 funding rounds:
Private Equity
$2M
Unspecified
$3M
Private Equity (2009): $2M, investors not publicly disclosed
Unspecified (2013): $3M led by Dundee Venture Capital, Draper Associates, and True Ventures
Key Investors in Inventables
Dundee Venture Capital
Dundee Venture Capital specializes in investing in commerce enablement and supply chain technologies, focusing on innovations from the website to the warehouse. They primarily invest at the pre-seed and seed stages, supporting ideas from inception to early product-market fit.
Draper Associates
Draper Fisher Jurvetson is a leading venture capital firm with a global presence through a network of affiliated funds, with offices in more than 30 cities around the world and approximately $6 Billion in capital commitments. DFJ's mission is to identify, serve and provide capital for extraordinary entrepreneurs anywhere who are determined to change the world.
True Ventures
True Ventures is a founder first venture capital firm that partners with creative teams at the earliest stages, providing capital, guidance and a strong community to help build enduring technology and artificial intelligence driven companies.
What's next for Inventables?
The substantial enterprise-level funding, coupled with the recent strategic investment, positions Inventables for significant scaling and product development. This capital infusion is likely to accelerate the expansion of their product lines, enhance their Easel software capabilities, and broaden their market reach. The company's focus on user accessibility and innovation suggests a continued emphasis on empowering a growing base of creators and small businesses, potentially leading to further advancements in desktop manufacturing and digital fabrication technologies.
See full Inventables company page
