# Mantle

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mantle

- Industry: Industrial Machinery
- Headquarters: San Francisco, US
- Website: www.mantle3d.com
- Total disclosed funding: $20M
- Latest round: Series C (Jul 10, 2024)
- Investors on record: 6

## About

Mantle Inc., based in San Francisco, US, is a technology company specializing in advanced tooling solutions through proprietary 3D printing technology, primarily for the manufacturing sector.Founded in 2015, Mantle Inc. provides precision tooling solutions by integrating CNC machining with additive manufacturing. The company has not undergone any significant pivots and does not have subsidiaries. Its founders include David Chatsuthiphan, Ryan Orendorff, Stephen Connor, and CEO Ted Sorom. As of July 10, 2024, Mantle Inc. raised USD 20.00 mn in Series C funding led by Schooner Capital, with additional participation from Fine Structure Venture, Foundation Capital, Corazon Capital, 11.2 Capital, and Build Collective, bringing the total amount raised to USD 20.00 mn across 2 deals.Mantle 3D specializes in advanced tooling solutions through its proprietary 3D printing technology, primarily designed for the manufacturing sector. The core product offering integrates CNC machining with additive manufacturing to produce precision tooling from industry-standard tool steels, addressing critical challenges such as reducing lead times and costs associated with traditional tooling methods. The clientele includes manufacturers across various sectors, particularly those requiring efficient and precise toolmaking processes, marketed in North America and select international markets.Mantle 3D generates revenue through direct sales of its 3D printing machines, tooling materials, and software solutions, catering primarily to B2B clients. The transaction structure focuses on one-time purchases of machinery and consumables, with ongoing revenue from proprietary tool steels and software licenses that enhance system functionality. The business model emphasizes flagship products that streamline tooling processes and improve operational efficiency, with tiered pricing based on client needs.In July 2024, Mantle Inc. raised USD 20.00 mn in Series C funding, which the company will use to expand its metal 3D printing technology for precision tooling, operations, and development efforts. Plans include designing and launching new products targeting increased efficiency in tooling processes. Mantle aims to penetrate additional geographic markets, although specific regions have yet to be disclosed.

## Funding rounds

- Series C, Jul 10, 2024, $20M — Foundation Capital, Schooner Capital, Corazon Capital, 11.2 Capital, Fine Structure Ventures, Build Collective

## Investors

- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Series C
- Schooner Capital (https://capitalatlas.ai/funds/schooner-capital) — Series C
- Corazon Capital (https://capitalatlas.ai/funds/corazon-capital) — Series C
- 11.2 Capital (https://capitalatlas.ai/funds/11-2-capital) — Series C
- Fine Structure Ventures (https://capitalatlas.ai/funds/fine-structure-ventures) — Series C
- Build Collective (https://capitalatlas.ai/funds/build-collective) — Series C