Shapeways Holdings, Inc.
investors.shapeways.comNo Longer Reporting
The company has not filed an annual or quarterly report since its FY2023 10-K, filed Mar 28, 2024. Its latest SEC filing is a SCHEDULE 13G/A from Aug 14, 2025.
10-K for FY2023, filed Mar 28, 2024
The sections below describe the company as of the FY2023 annual report.
What Did They Do?
Manufactures custom parts and provides digital manufacturing software for engineers, manufacturers, and large enterprises.
10-K for FY2023, filed Mar 28, 2024Shapeways Holdings, Inc. ("Shapeways") is a leading digital manufacturer combining high quality, flexible on-demand manufacturing with…View ↗
We support our customers through the design, pre-production, manufacturing and delivery process across a range of industries, materials…View ↗
We launched the first phase of our software offering to third-party manufacturers, under the brand OTTO, in the fourth quarter of 2021. In…View ↗
How Did They Make Money?
Customers buy manufactured parts, with sales counted when the parts ship. The company also earns software implementation fees, licensing fees over the agreement term, and revenue-sharing payments when orders are processed.
10-K for FY2023, filed Mar 28, 2024The majority of our revenue results from the sales of products that we manufacture for customers, which is designated as “Direct Sales.”…View ↗
The Company recognizes the sale of 3D printed products to customers at a point in time, specifically upon shipping the goods to the…View ↗
Software revenue is recognized (i) upon implementation for implementation fees, (ii) ratably over the term of the agreement for licensing…View ↗
$34.5M
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10-K for FY2023, filed Mar 29, 2024
$34.5M ↗
Who Were Their Customers?
Customers range from small and midsize businesses to large enterprises across industries; they use the self-service platform and online-store integrations, while Shapeways also pursues direct sales to larger prospects.
10-K for FY2023, filed Mar 28, 2024Scale. Our Application Programming Interface (“API”) integrations allow us to easily scale and grow with our customers’ businesses. With…View ↗
We have delivered over 24 million parts to over one million customers in over 180 countries from inception through 2023. A key component of…View ↗
Historically, Shapeways has been a self-service digital manufacturing platform growing through our customers and through organic customer…View ↗
10-K for FY2023, filed Mar 28, 2024
One customer accounted for approximately 17% and 20% of revenue for the years ended December 31, 2023 and 2022, respectively. No other…View ↗
Did Revenues Turn Into Profits?
No. It lost $43.9M in FY2023.
10-K for FY2023, filed Mar 29, 2024
−$45.4MView ↗
10-K for FY2023, filed Mar 29, 2024
−$43.9MView ↗
10-K for FY2023, filed Mar 29, 2024
−$29.6MView ↗
How Were They Changing?
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Jul 3, 2024
Shapeways ceased operations and filed for Chapter 7 bankruptcy
A trustee will liquidate company assets; its subsidiaries also ceased operations and filed for bankruptcy.
Sources
8-K, filed Jul 3, 2024
On July 2, 2024, after considering all strategic alternatives, Shapeways Holdings, Inc. (the “Company”) ceased operations and filed a…View ↗
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May 7, 2024
Shapeways agreed to sell its OTTO and MFG software assets
The buyer was an entity wholly owned by CEO Greg Kress and software executive Greg Rothman; internal InShape software was excluded.
Sources
8-K, filed May 7, 2024
As a result of that process, on May 7, 2024, the Company issued a press release announcing it had entered into an asset purchase agreement…View ↗
From deal search to manufacturing
The older report described a company formed to find an operating business to combine with; the latest describes a digital manufacturer that makes custom parts and offers manufacturing software.
10-K for FY2020, filed Mar 25, 2021 10-K for FY2023, filed Mar 28, 2024
Who Did They Compete With?
Competes with Materialise and Proto Labs
10-K for FY2023, filed Mar 28, 2024The industry in which we operate is fragmented and competitive. We compete for customers with a range of digital manufacturing platforms…View ↗
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