Fast Radius
acquired by SybridgeChicago, US · Founded 2014 · Delaware corporation · 4 known investors
Fast Radius was a Chicago-based digital manufacturing company offering on-demand 3D printing, CNC machining, and injection molding through a cloud manufacturing platform. After filing for bankruptcy in 2022, its assets were acquired by SyBridge Technologies.
Founders & leadership
Fast Radius was founded in 2014 by Lou Rassey.
LR
Lou RasseyFounder
DM
Davd Mitchell FreeExecutive
PM
Pat McCuskerExecutive
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David Mitchell FreeNamed on SEC filing
Board
RA
Richard A. SmithBoard director
DC
David CrowderBoard director
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Charlie CovertBoard director
Investors · 4
Reported raises · per SEC filings
Form D private placements$56.8M disclosed across 2 of 4 rounds · 2014–2019
▶$48MraisedApr 2019 · 8 investors · ManufacturingRule 506(b)
▶$48MraisedApr 2019 · 8 investors · Manufacturing
Rule 506(b)Officers, directors & promoters on the filing
- Nick SolaroDirector
- Pat McCuskerExecutive Officer
- Lou RasseyExecutive Officer, Director
- Charlie CovertDirector
- Amount sold
- $48M
- First sale
- Mar 2019
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$8.8MraisedNov 2017 · 10 investors · ManufacturingRule 506(b)
▶$8.8MraisedNov 2017 · 10 investors · Manufacturing
Rule 506(b)Officers, directors & promoters on the filing
- Nick SolaroDirector
- Lou RasseyExecutive Officer, Director
- Charlie CovertDirector
- Pat McCuskerExecutive Officer, Director
- Rick SmithExecutive Officer
- Offering amount
- $13.1M
- Amount sold
- $8.8M
- Minimum investment
- $65.3K
- First sale
- Nov 2017
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$2.5MofferedJan 2016 · Other TechnologyRule 506(b)
▶$2.5MofferedJan 2016 · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Richard A. SmithDirector
- David CrowderDirector
- Davd Mitchell FreeExecutive Officer
- Offering amount
- $2.5M
- Minimum investment
- $50K
- Incorporated
- Limited Liability Company, Delaware, 2014
- Federal exemptions
- 06b
▶$1.5MofferedNov 2014 · Other TechnologyRule 506(b)
▶$1.5MofferedNov 2014 · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- David CrowderDirector
- David Mitchell FreeExecutive Officer
- Richard A. SmithDirector
- Offering amount
- $1.5M
- Minimum investment
- $25K
- Incorporated
- Limited Liability Company, Delaware, 2014
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 4
by search overlap
Xometry185 shared keywordsXometry operates an on-demand manufacturing marketplace connecting buyers—from startups to global enterprises—with a vetted global network of suppliers for precision components across prototyping and high-volume production. It offers an instant quoting engine and supply chain tools for custom parts from design through final delivery.
HUBS92 shared keywordsProtolabs Network (formerly Hubs) is an on-demand manufacturing platform that combines in-house factories with a vetted global network of manufacturers to produce prototypes and low-volume production parts via CNC machining, 3D printing, sheet metal fabrication, and injection molding. It uses machine learning to generate instant quotes from uploaded CAD files and serves engineers and hardware companies across industries from prototyping through production.
Fictiv77 shared keywordsFictiv provides a cloud-based platform for managing custom manufacturing parts, projects, and team collaboration, serving engineering and manufacturing teams. The platform centralizes parts libraries, order management, and integrates with enterprise procurement systems to streamline sourcing and production workflows.
3Ds55 shared keywordsDassault Systèmes provides a unified 3D design and simulation platform (3DEXPERIENCE) that enables manufacturing, life sciences, healthcare, and infrastructure companies to create virtual twins of products and systems for innovation and optimization.
Companies competing with Fast Radius for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Fast Radius do?
- Fast Radius was a Chicago-based digital manufacturing company offering on-demand 3D printing, CNC machining, and injection molding through a cloud manufacturing platform. After filing for bankruptcy in 2022, its assets were acquired by SyBridge Technologies.
- Who founded Fast Radius?
- Fast Radius was founded by Lou Rassey in 2014.
- Who are Fast Radius's investors?
- Fast Radius's investors include Drive Capital, Tech Square Ventures, Energize Capital, Hyde Park Venture Partners.
- How much funding has Fast Radius raised?
- Fast Radius has disclosed $56.8M raised across 2 of its 4 known rounds.
- Who acquired Fast Radius?
- Fast Radius was acquired by Sybridge.
- Where is Fast Radius headquartered?
- Fast Radius is headquartered in Chicago, US.