Fathom
On-demand digital manufacturing service provider offering 25+ advanced manufacturing processes including 3D printing, CNC machining, injection molding, and sheet metal fabrication for prototyping through production.
- CEO / Founder
- Carey Chen
- Team Size
- 501-1000
- Stage
- Acquired
- Total Funding
- $80M
- Latest Round
- Post-IPO
- Key Investors
- CORE Industrial Partners; Altimar Acquisition Corp. II
Technology & Products
Key Products
3D Printing Services (DMLS, FDM, MJF, PolyJet, SLA, SLS); CNC Machining (3/4/5-axis, turning); Metal Cutting & Forming (sheet metal, laser cutting, waterjet); Molding (injection, compression, cast urethane, silicone, RIM); Extrusion (metal, plastic); Die Casting; Assembly & Finishing; Inspection Services (destructive & non-destructive); Fathom Edgeworks (supply chain optimization); Engineering & Design Support; Consulting Services
Differentiation
Value Proposition
One-stop on-demand digital manufacturing platform with 25+ manufacturing processes across 10+ U.S. facilities offering white-glove engineering support from prototype through production
How They Differentiate
Breadth of 25+ in-house manufacturing processes; white-glove hands-on engineering support vs. AI-only quotes; 420,000 sq ft across 10 U.S. facilities; ISO 9001/13485/AS9100/ITAR certifications; 40+ years of combined industry experience
Market & Competition
Target Customers
Engineers and product development teams at large and innovative companies in aerospace, defense, medical, robotics, semiconductor, automotive/EV, and ICT/energy sectors needing prototyping through low-to-mid volume production
Industry Verticals
Aerospace & Defense; Medical; Robotics & Automation; Semiconductor; Automotive & EV; ICT & Energy
Competitors
Xometry; Proto Labs; Fictiv
Growth & Milestones
Growth Metrics
FY2023 revenue: $131.29M (down 18.5% YoY from $161.1M in 2022); 10 facilities (~420,000 sq ft); ~576 employees
Major Milestones
1984: Midwest Composite Technologies (MCT) founded; 2008: Fathom Studio founded by Rich Stump & Michelle Mihevc; 2013: #369 on Inc. 5000 fastest-growing companies (1,188% growth); 2019: MCT acquires Fathom, backed by CORE Industrial Partners; 2021: Goes public via $1.5B SPAC merger with Altimar Acquisition Corp. II (NYSE: FATH); 2024: CORE Industrial Partners completes take-private, delists from NYSE