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R3 Printing isn't accepting new investments

R3 Printing’s deadline was July 12, 2018

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R3 Printing

Safe, fast, and efficient: the future of enterprise 3D printing
Hardware B2B Industrial Automation Machines 3D Printing
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$532,684
Total raised in 2 campaigns
1,873
Investors in 2 campaigns
Successfully funded and closed on July 12, 2018.
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Closed on July 12, 2018. Information may not be up-to-date. Campaign closed on July 12, 2018. Information displayed may not be up-to-date.

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by R3 Printing, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
R3 Printing Crowd SAFE
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Hear from some of the 296 investors in R3 Printing


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Deal highlights

  • The R3 Printer is an ultra-safe 3D printer for enterprise applications.
  • Prevents user burns, prints 90% faster than competitors, 200% larger build area than same-sized printers.*

  • Targeting a $5.6B addressable market.

  • $140K pre-sales signed since Q3 2017.



What’s the matter with 3D Printing?


R3 Printer —

Safe, Fast, Efficient.

A 3D printer that addresses the industry’s biggest problems.

Safe.

The #1 injury caused by active 3D printers are burns.

The R3 Printer features Active Overheat Prevention, a proprietary system that eliminates the risk of getting burned. If a print job is overheating, the R3 printer senses it and immediately pauses, doing away with human intervention.

Most 3D printers jam by absorbing too much heat.

R3 Printer with Active Overheat Prevention prevents jams.

An off-the-shelf (unmonitored) print head assembly is compared to a test rig with Active Overheat Prevention™. Both testing rigs start at room temperature (green colors) and rapidly heat up (red colors). After the Active Overheat Prevention™ system detects overheating, the heater cartridges shut down and the print head returns to a safer temperature.

The Active Overheat Prevention senses overheating and initializes, letting the printer cool before a jam can occur. Unmonitored print head assemblies continue to absorb heat until prints eventually fail.

Fast.

The R3 Printer is 90% faster than contemporary 3D printers.

Working with aerospace engineers, we redesigned key printer components from the ground up, resulting in an 84% weight reduction and the discovery of other secret-sauce upgrades that further boost speed. The result is nearly doubled speeds.


An off-the-shelf 3D printer assembly is paced against our R3 Printer Test rig. Our optimized hardware assembly travels significantly faster — and we’re still pushing for even greater speeds.


Efficient.

The R3 Printer has a re-designed interior that utilizes the full internal volume of the chassis itself, leading to a 200% increase in build volume compared to current printers of the same chassis size.




Our Customer: 3D Print Manufacturers.

What are 3D Print Manufacturers?

3D Print Manufacturers are companies that produce 3D printed goods for b2b and b2c clients. 

Why is the R3 Printer a good fit for these manufacturers?

For them, the value proposition of the R3 Printer is straightforward.

Safety: 

Less dangerous printers means lower insurance rates for companies -> money saved.

Speed: 

90% increased print speeds means more capacity. Manufacturers can now produce almost double the quantity of goods  -> more money made.

Efficiency: 

Bigger build areas mean bigger individual print jobs or more units per print session  -> more money made, larger products offered.



Why do our customers need the R3 Printer?

The 3D Print Services Industry - also referred to as Industrial 3D Printing - is growing at a 27%+ compounded annualized growth rate (CAGR) now through 2023.

As of 2018, the market size is estimated at $1.85B. 

In 2023, the Industrial 3D Printing industry will generate $5.6B yearly.

3D Print Manufacturers are increasing their inventory to meet the demand — and replacing their old 3D printers along the way.



How will R3 Printing execute on this singular opportunity?

Our beachhead market are SMB 3D Print Manufacturers in the USA and Canada.

SMB 3D Print Manufacturers are companies with between 5 and 500 3D printers. 

They produce 3D Printed products for both b2b and b2c markets.

The United States and Canada has 670 SMB 3D Print Manufacturers today.

It's a highly fragmented market with no standard hardware — a big opportunity for us.

There is also no incumbent 3D printer provider focused on the SMB 3D Print Manufacturer market – we have a winner-take-all opportunity.

We are aiming to gain dozens of customers within the first six months of production through a muscular team of experienced enterprise sales professionals.



 

What is R3 Printing’s goal?

Our goal is simple: We are aiming to capture 5% of the Industrial 3D Printing market in the next five years. That’s a total market size of $285M.



Traction

We've had some big wins on the traction front and are excited to share. 


Pre-Sales

R3 Printing has signed $140,000 of pre-sales from customers in our target market in the last 3 months.

Why do pre-sales matter?

Pre-sales provide a signal to the market that a customer has identified a pain point or revenue-generating opportunity and that they’re willing to pay money for a product that allows them to execute.

Hardware is capital intensive to develop — pre-sales provide an important signal to prospective investors that the market wants this product to exist. 


4 Patents Pending

R3 Printing has 4 non-provisional patents already filed on our technological innovations.

Why do patents matter?

Patents provide an integral way for businesses to protect their intellectual property after having spent money to fund breakthroughs.

Patents are important because they create moats — areas where competitors cannot act without explicitly infringing on your patents — and allow a single company to reap the rewards of their innovation.



Beta Testing Partners

We've partnered with 4 leading 3D Print Manufacturers as our beta testing partners.

Li-Leger Creative is a Vancouver-based product design and manufacturing firm specializing in full-stack product development. CEO Noah Li-Leger has a deep background in both product design and 3D Printing, having worked with 3D Printer producer Tinkerine on their product development. Li-Leger Creative is R3 Printing's first international beta testing partner.

Obsessively Geek is a New York-based 3D Print Manufacturer. Before he founded his
manufacturing company in 2015, Marco Nieves worked in R&D for Makerbot. With his strong technical background in 3D printer hardware, Marco has been an invaluableresource to R3 Printing as we develop our product.

Forge Manufacturing is a Jacksonville-based 3D Print Manufacturer and digital design firm. Co-Founders Bryce Pfanenstiel and Adam Dukes are leading specialists in
room temperature vulcanization (RTV) molding, producing ultra-high quality molds from 3D printed parts for the creation of prototypes or low-volume manufacturing runs. Bryce and Adam operate on the cutting edge of 3D Print Manufacturing and routinely share their latest hardware and product hacks.

Halo Aerospace is a West Palm Beach-based aerospace R&D company. Founder John
Calloway comes from a background of aerospace engineering and 3D Printing, having utilized both to establish Halo Manufacturing in 2015. At present, Halo Aerospace is developing novel applications for space flight technologies. We will be working with them to  strenuously test the R3 Printer.



Guidance: Our Growth Partners

R3 Printing is a current member of the Ocean Accelerator. 

We are in Cincinnati, Ohio until June 2018 in order to accelerate our development.

R3 Printing was initially developed at the guidance of the experienced professionals at the Futureworks NYC hardware incubator and the Fordham Foundry.



Business model

Our business model includes 2 revenue streams:

  1. We sell 3D Print manufacturers the R3 Printer - a product optimized for their enterprise 3D Print manufacturing needs.

  2. We have additional revenue stream opportunities through consulting, factory-workflow optimization, and product warranties. SaaS opportunities also exist for cloud file management.  



Future Vision: Industry Automation

In the near future, we plan to create three products to expand our reach in the Industrial 3D Printing industry:



What is R3 Printing’s long term vision?

Our objective in these products is to fully automate the 3D Printing factory of tomorrow.

We’re reaching for “Factory-as-a-Service” - a world of fully automated hardware in factories. 

Automated printers, factory robots - a fully humanless, scalable, factory of tomorrow.



Competitive Landscape

The R3 Printer provides our enterprise clients with a strong feature-set at a competitive price point.


Meet the Founders

We are experienced executives raised on the Lean Startup principles. We keep our team tight and execute directly.


Daniel Downs, Co-Founder, Strategy 

Moving into the 3D Printing industry after a successful exit from Manhattan commercial real estate, Dan and Paul found that current 3D Printers had massive impediments that prevented them from widespread adoption in enterprise settings. They decided to tackle these problems directly. Dan brings to the table a deep background in business development, sales, and strategy.  


Paul Sieradzki, Co-Founder, Product 

During his 5 years as an operations executive, Paul has cultivated trade-secret processes and methods for producing ahead-of-schedule project deliverables. With prior backgrounds in both hardware design and software development, Paul’s acute product vision, operations experience, and passion for elegant creation guides the steady hand leading the R3 Printer creation process. Hardware development feels like home for this tech gadget aficionado and former Eagle Scout.



*: The above statements are the estimates of the Company based on the Company’s understanding of the market, all statements made are the opinion of the Company and have not been validated by any third party.


Join Us.

Together we can tackle the biggest challenges facing 3D Printing and usher in a new era of widespread on-demand manufacturing.

Deal terms


Valuation cap

$5,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

18%

If a trigger event for R3 Printing occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$100

The smallest investment amount that R3 Printing is accepting.
Learn more

Funding goal

$1.07M

R3 Printing must achieve its minimum goal of $25K before the deadline. The maximum amount the offering can raise is $1.07M.
Learn more

Deadline
R3 Printing needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by R3 Printing, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
R3 Printing Crowd SAFE

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in R3 Printing.
149 investors
Invest
$100
Receive
  • Your name on the "investors" page of our website to thank you. You can choose not to have your name listed.
  • Limited (101 left of 250)
Invest
$250
Receive
  • Our engineering runs off of coffee. You get an investor exclusive mug with our logo to show your support. (All of the above included)
Invest
$500
Receive
  • Get your very own R3 Printing t-shirt to show off your investor status! (All of the above included)
Invest
$1,000
Receive
  • Get access to live Q&A/progress sessions with the Founder and Co-Founder over webcam! (All of the above included)
1 investor
Invest
$5,000
Receive
  • An individual meeting with the R3 Printing team via webcam! (All of the above included)
  • Limited (24 left of 25)
1 investor
Invest
$10,000
Receive
  • Get invited to an exclusive investor event/party at our office to celebrate the completion of the campaign! (All of the above included)
  • Limited (24 left of 25)
Invest
$25,000
Receive
  • Join us in New York to see us in action! We also enjoy food, so let's do dinner and coffee! (All of the above included)
Invest
$50,000
Receive
  • Appointment to our Board of Advisors.
  • Limited (3 left of 3)

Why others invested

See all reviews (0) See all (0)

I believe 3D printing will aide in the improvements of medical devices and applications.

Profile picture of Earl Lee
Earl Lee
Active investor
almost 7 years ago

I believe these guys have what it takes to usher in the future of 3D printing. They've identified some key points which have kept 3D printing from reaching the mainstream and then conquered them. Best of luck!

Profile picture of Dean Bartosh
Dean Bartosh
Active investor
almost 7 years ago

I saw the founder speak at Launch Sydney and was impressed by the team and the tech.

Profile picture of rr pp
rr pp
almost 7 years ago

About R3 Printing

Legal Name
R3 Printing, Inc.
Founded
Mar 2018
Form
Delaware Corporation
Employees
2
Website
r3printing.com
Social Media
Headquarters
Google Map location of of R3 Printing
29-10 Thomson Avenue , Queens, NY
Headquarters
29-10 Thomson Avenue, Queens, NY, United States 11101

R3 Printing Team
Everyone helping build R3 Printing, not limited to employees

Profile picture of Daniel Downs
Daniel Downs
Co-Founder, Strategy
Featured in Superheroes · Read
Former 3D print manufacturer. Prior Manhattan commercial real estate executive. Serial jaywalker. 2500 hours of print time clocked.
Profile picture of Paul Sieradzki
Paul Sieradzki
Co-Founder, Product
Experienced product and operations professional. Made hardware in school, made software at work. Pizza inhaler. 3200 hours of print time clocked.
Profile picture of Len Gray
Len Gray
Advisor, Legal
Profile picture of Ray Spoljaric
Ray Spoljaric
Advisor, Business
Profile picture of Jim Lillis
Jim Lillis
Advisor, CFO-Sourced
3 more team members
Daniel Downs
Co-Founder, Strategy
Paul Sieradzki
Co-Founder, Product
Len Gray
Advisor, Legal
Ray Spoljaric
Advisor, Business
Jim Lillis
Advisor, CFO-Sourced

Press

Republic partners with LAUNCH Festival Sydney
Republic Republic
·
Jul 14, 2018

Renowned angel investor Jason Calacanis is convinced that 12 unicorns are hiding inside the Sydney startup scene, waiting...

Creating on-demand manufacturing: R3 Printing founder story
Republic Republic
·
Jul 4, 2018

It started with a bad burn. Dan Downs, Co-Founder of R3 Printing, was trying to separate a piece of filament-the material...

R3 Printing Gets "BUY" Recommendation from Kingscrowd
Kingscrowd Kingscrowd
·
Jun 16, 2018

The global 3D printing market is estimated to be worth a whopping $32.8B by 2023 and a NY-based printer manufacturer look...

R3 Printing: On a Mission to Expand 3D Printing
Technori Technori
·
Jun 13, 2018

3D printers are in vogue but they aren't reliably safe or efficient...yet. R3 Printing Co-Founder Daniel Downs calls into...

Technori Showcase: R3 Printing
YouTube YouTube
·
Jun 2, 2018

Watch R3 Printing co-founder Dan Downs present on stage at Technori's Startup Showcase May 2018. R3 Printing is currently...

This Ocean Accelerator Grad Makes a Safer, Smarter 3D Pri...
AmericanInno AmericanInno
·
May 24, 2018

When 3D printers hit the market around seven years ago, they were hailed as the next big thing. Tinkerers around the worl...

R3 Printing's Daniel Downs featured on WGN Radio
WGN Radio - 720 AM WGN Radio - 720 AM
·
May 19, 2018

Technori's Scott Kitun and Matt Luzadder talk to Daniel Downs from R3 Printing, a company revolutionizing 3D printing.

Ocean Startups Make Big Splash At Demo Day IV
AmericanInno AmericanInno
·
Apr 26, 2018

Cincinnati-based Ocean Accelerator held its fourth demo day on April 24 at Crossroads in Florence, Ky., just south of Cin...

R3 Printing Wins 2nd Annual Fordham Foundry Pitch Challenge
Fordham Foundry Fordham Foundry
·
Apr 20, 2018

The Foundry held its second successful Pitch Challenge on April 8, 2018. Sponsored by BNP Paribas and Focus Opportunity F...

Ocean Class 4 - Press Release
Google Docs Google Docs
·
Jan 4, 2018

Cincinnati-based business accelerator, OCEAN, announced its fourth class today. This year’s class of 8 startups will be ...

Crossroads-founded Ocean Accelerator names new class: EXC...
Cincinnati Business Courier Cincinnati Business Courier
·
Jan 3, 2018

Ocean Accelerator, the Crossroads Church-backed tech accelerator and the first in the nation to provide spiritual guidanc...

Show all
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R3 Printing

R3 Printing successfully raised $97,728 from 296 investors on July 12, 2018
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Walter J., Titus, James, Brian, Avery, and 291 others invested. 66 Reviews
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