Overview

Raised to Date: Raised: $435,000

Deal Terms

Investment Momentum

Company Profile

Deal Summary

Funding History

Growth Charts New!

Total Commitments ($USD)

Platform

Republic

Start Date

05/20/2019

Close Date

09/29/2019

Min. Goal

$25,000

Max. Goal

$435,000

Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    

Valuation Cap

$7,500,000

Discount

18%

Rolling Commitments ($USD)

Status

Funded

Reporting Date

09/29/2019

Days Remaining

Funded

% of Min. Goal

Funded

% of Max. Goal

Funded

Likelihood of Max

Funded

Avg. Daily Raise

$3,295

# of Investors

2,062

Momentum

Funded

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R3 Printing

Year Founded

2018

Industry

Industrial Services

Tech Sector

CommerceTech

Location

Los Angeles, California

Company Website

R3 Printing, the manufacturer of purpose-built R3 Printer, is raising funds on Republic. R3 Printer is an innovative 3D printer suitable for running an affordable on-demand manufacturing service. The printer prints 90% faster and 200% larger than competitors, and gives a competitive advantage to the manufacturers. The printer also comes with overheat prevention that eliminates printer jams. R3 Printing was founded by Daniel Downs and Paul Sieradzki in March 2018 and has a valuation cap of $7.5 million. The current crowdfunding round, with a minimum goal of $25,000 and a maximum goal of $435,000, will be used for tweaks in the hardware components of R3 Printer and to scale efficiently. R3 Printing has already received a government grant from the United States Air Force and is undertaking initiatives to grow further.

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Raise History

Offering Name	Close Date	Platform	Valuation/Cap	Total Raised	Security Type	Status	Reg Type
R3 Printing	03/21/2024	StartEngine	$35,000,000	$3,384,258	Convertible Note	Funded	RegCF
R3 Printing	06/28/2021	StartEngine	$8,000,000	$1,630,000	Convertible Note	Funded	RegCF
R3 Printing	09/29/2019	Republic	$7,500,000	$435,000	SAFE	Funded	RegCF
R3 Printing	07/10/2018	Republic	$5,000,000	$97,978	SAFE	Funded	RegCF

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• Price per Share
• Valuation
• Revenue
• Employees

Price per Share Valuation Revenue Employees

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Founder Profile: Dan Downs Taking 3D Printing Back To The Basics

At time of publication, June 16, R3 Printing had raised $57.7K

The global 3D printing market is estimated to be worth a whopping $32.8B by 2023 and a NY-based printer manufacturer looks poised to capitalize. R3 Printing co-founders Dan Downs and Paul Sieradzki are taking a different approach to the industry by focusing on something seemingly lost in the VC-saturated market: the product itself.

I chatted with Dan to find out a little more about the logistics behind one of the safest and most efficient 3D printers entering the market.

Read Founder Interview