All3DP operates an online magazine of the same name for 3D printing and the Craftcloud marketplace, where customers upload the digital model of their component and subsequently receive real-time quotes. The approximately 180 connected print service providers were pre-validated by Craftcloud. In addition to the costs, all providers are listed for customers with their name, company location, and the processes they offer. With just a few clicks, the required quantities can be ordered from the desired provider via the Craftcloud platform.
More transparency, less volatile prices
Mikkel Kring, Chief Product Officer of Craftcloud, explains:
"We operate in a horizontal market; companies of all sizes and industries order the parts they need through us. From research laboratories to automotive suppliers. For orders that don't require further consultation, the individual exchange of quotes is no longer appropriate. The technology is mature, the printing service providers reliable, but prices remain volatile. Craftcloud offers customers complete transparency and companies visibility. Both sides save time and money."
The online marketplace for 3D printing is the company's core offering and is available worldwide. The online magazine All3DP.com also features user-oriented tests, technical articles, and other news from the 3D printing industry. According to the company, the magazine receives 1.5 million visits per month.
In autumn 2020, the Munich-based startup was able to close a financing round of two million eurosAll3DP is now pleased to announce another successful round of growth financing. The growth financing round is being led by the HZG Group, which joins the existing investors High-Tech Gründerfonds (HTGF), Bayern Kapital, and Deutsche Balaton AG as a new shareholder. The amount of the financing round was not disclosed. The newly raised funds will primarily be used to accelerate the international growth of the marketplace solution Craftcloud.
All3DP: Growth through efficient marketing
All3DP Managing Director Mathias Plica says:
"We are operating at break-even and have seen growth at Craftcloud of over 60 percent per year in recent years. With this new financing, we can take advantage of the very favorable market environment of our marketplace platform and generate additional growth through efficient marketing. With the HZG Group, we have gained an investor who fully understands the key technologies of digital manufacturing and brings proven expertise in managing extraordinary growth phases."
For the 3D printing-specialized VC HZG Group, this is the first investment in a startup with a digital marketplace. Kerstin Herzog, managing partner of HZG Group, explained:
"The platform economy is also an effective lever in the 3D printing market. The industry benefits from efficient and transparent processes and can also tap into new customer segments. Craftcloud is ideally positioned to continue to play a leading international role among online marketplaces and to continue its impressive growth story in the coming years."
And Axel Nitsch, Principal at HTGF, commented:
"The successfully completed financing round is the fantastic result of the outstanding work of Mathias Plica and his team over the past few years. We are particularly pleased to have the HZG Group on board as a new shareholder and absolute industry expert in 3D printing. Together as shareholders, we will continue to actively support the exciting growth story of the All3DP GmbH."
