Overview
Phasio is a high-tech startup founded in 2021, focused on digital manufacturing at scale. Headquartered at 68 Circular Road, #02-01, Singapore 049422, Phasio also maintains a presence in North America at 300 Delaware Ave., Ste 210 #313, Wilmington, DE 19801, United States. Their official website is [www.phas.io](https://www.phas.io/). Email contact options include hello@phas.io for Singapore and unitedstates@phas.io for North America.
Core Offerings and Technology
Phasio provides a comprehensive platform designed for manufacturers to order and design parts while facilitating seamless communication with clients. The company upholds the Three Virtues of Manufacturing: Fabrication, Building customer relationships, and Educating customers and communities. Their mission centers on empowering manufacturers by automating workflows, thus focusing on business growth. A significant innovation from Phasio is their software for automating 3D printing facilities, which reduces costs and accelerates time to market. Phasio 2.0, their latest product, is designed to revolutionize manufacturer-customer communication with a focus on partnership transparency.
Recent Developments
Phasio has forged strategic partnerships to enhance its position in the 3D printing market. Collaborations with 3D Industries and CoreTechnologie aim to expand services in the DACH region and streamline 3D printing processes. These partnerships highlight Phasio's dedication to integrating emerging technologies within the manufacturing sector.
Funding and Financial Highlights
Phasio has secured $3.8 million in seed funding, along with an additional $2.5 million to support the engineering team's growth and product interface demands. This funding is supported by notable investors such as Airtree Ventures, 500 Global, and Entrepreneur First.
Leadership Team
- Harry Conor Lucas: Co-Founder & CEO, located in the Greater Seattle Area, with a background in Mechatronics Engineering and work experience at the European Space Agency.
- Raman (Sudharshan Raman): Co-Founder & CPO, pivotal in Phasio’s strategy and operational scaling.
- Ludwig Hendl: Chief of Staff, overseeing scaling operations and team efficiency improvements.
- Ross MacPhee: Head of Engineering, driving user-centric digital solutions in industrial manufacturing.
Market Position
Phasio's unique offerings in digital manufacturing position it as a disruptive force in the market, addressing automation needs within modern manufacturing facilities. With a revenue of $1.5 million in 2024 and a compact team of 10 employees, the company's strategic partnerships and robust management have maintained its competitive advantage. Despite its size, Phasio's targeted solutions and focus on customer partnerships enable significant value delivery to clients, particularly in additive manufacturing.
Key Competitors
Phasio is positioned among several notable competitors in the manufacturing software sector:
- Configure One Cloud: Part of Revalize, offering robust configurator and CPQ software to streamline global manufacturers' sales processes. It operates with 51-200 employees in Jacksonville, Florida, and Harlow, Essex.
- DigiFabster: A California-based SaaS provider specializing in AI/ML-powered quoting for additive manufacturing and CNC sectors, serving a broad international clientele.
- Paperless Parts: Headquartered in Boston, Massachusetts, this platform improves manufacturing accessibility with ITAR-compliant solutions, serving over 500 customers and enabling secure custom part operations.
- AMFG (Autonomous Manufacturing): Offers integrated workflow automation for additive manufacturing with a global presence catering to major OEMs such as Volvo and HP.
- Oqton: Provides AI-driven software for additive manufacturing and robotic processes, crucial for sectors like aerospace and defense. Based in Boston, Oqton continues rapid expansion in intelligent manufacturing.
Strategic Insights
Phasio's emphasis on enhancing customer experience through a powerful communication framework makes it an invaluable partner for manufacturers pursuing innovation and expansion. By focusing on transparency and customer engagement, Phasio aligns with the industry's shift toward integrated, customer-centric manufacturing processes.
