
Investments
1Partners & Customers
10About FARO
FARO ( Nasdaq: FARO) develops 3D measurement technology. It provides and markets computer-aided measurement and imaging devices and software. Its devices are used for inspecting components and assemblies, rapid prototyping, documenting spaces or structures in 3D, surveying, and construction, as well as for investigation and reconstruction of accident sites or crime scenes. FARO provides its services to aerospace, defense, architecture engineering and construction, automotive, energy and natural resources, fire investigation and more industries. The company was founded in 1981 and is based in Lake Mary, Florida.

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Expert Collections containing FARO
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find FARO in 2 Expert Collections, including Job Site Tech.
Job Site Tech
460 items
Companies offering tech solutions for the future of the job site for industries like construction, mining, discrete and process manufacturing, oil & gas, forestry, and more
Construction Tech
873 items
Companies using technology to improve processes in the construction industry.
Research containing FARO
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned FARO in 3 CB Insights research briefs, most recently on Oct 26, 2022.
Latest FARO News
Mar 17, 2023
March 17, 2023 An earthquake of magnitude 3.7 on the Richter scale was felt this Friday in the municipalities of Albufeira and Loulé, in the district of Faro, without causing personal or material damage, according to the Portuguese Institute of the Sea and the Atmosphere (IPMA). In a statement, the IPMA said that the earthquake had its epicenter about 4 kilometers northeast of Albufeira and was recorded at 03:35 at the stations of the Mainland Seismic Network. This shock was felt with maximum intensity IV/V (modified Mercalli scale) in the municipalities of Albufeira and Loulé (Faro). It was even felt with less intensity in the municipalities of Faro, Lagoa, Portimão and Silves (Faro). Earthquakes are classified according to their magnitude as micro (less than 2.0), very small (2.0-2.9), small (3.0-3.9), slight (4.0-4.9 ), moderate (5.0-5.9), strong (6.0-6.9), large (7.0-7.9), important (8.0-8.9), exceptional (9. 0-9.9) and extreme (greater than 10). The maximum intensity IV (moderate) and V (strong) of the modified Mercalli scale means that the vibration is similar to that caused by passing vehicles, parked cars sway, windows and doors shake and is felt outside the home. *The article has been translated based on the content of Correio da Manhã by www.cmjornal.pt . If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much! *We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language. *We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards! Report Content
FARO Investments
1 Investments
FARO has made 1 investments. Their latest investment was in present4D as part of their Corporate Minority on May 5, 2018.

FARO Investments Activity

FARO Acquisitions
15 Acquisitions
FARO acquired 15 companies. Their latest acquisition was SiteScape on December 01, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
12/1/2022 | Acquired | 6 | ||||
9/1/2022 | Acquired | 13 | ||||
6/7/2021 | Debt | $2.93M | Acquired | 6 | ||
8/21/2020 | ||||||
7/16/2018 |
Date | 12/1/2022 | 9/1/2022 | 6/7/2021 | 8/21/2020 | 7/16/2018 |
---|---|---|---|---|---|
Investment Stage | Debt | ||||
Companies | |||||
Valuation | |||||
Total Funding | $2.93M | ||||
Note | Acquired | Acquired | Acquired | ||
Sources | 6 | 13 | 6 |
FARO Partners & Customers
10 Partners and customers
FARO has 10 strategic partners and customers. FARO recently partnered with Boston Dynamics on November 11, 2019.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
11/11/2019 | Partner | United States | `` With the partnership between FARO Technologies , Inc. and Boston Dynamics we are dramatically closer to meeting our customers ' demands for making scanning in construction an autonomous operation '' states Scott Diaz , Director of Business Development , AEC , FARO Technologies , Inc. `` This will be FARO Technologies , Inc. 's first live demonstration to show intent to meet customer and industry demand . '' | 2 | |
2/21/2019 | Partner | Netherlands | ATS and Faro Announce Partnership - ATS Global This partnership allows both companies to combine their forces by offering Faro 's devices completed with ATS CM4D -- product quality validation software , which compares the physical properties of a product with its original CAD design.Customers including Ford Motor Company have already adopted ATS CM4D as their global standard . | 1 | |
10/2/2018 | Partner | United States | Airborne 3D scanning from FARO & STORMBEE FARO Technologies , Inc. ® and STORMBEE have partnered to combine FARO Technologies , Inc. 's highly accurate laser scanners with STORMBEE 's durable drones for 3D data capture for crash reconstruction , security pre-planning and military reconnaissance applications . | 3 | |
5/24/2017 | Partner | ||||
5/24/2017 | Vendor |
Date | 11/11/2019 | 2/21/2019 | 10/2/2018 | 5/24/2017 | 5/24/2017 |
---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Vendor |
Business Partner | |||||
Country | United States | Netherlands | United States | ||
News Snippet | `` With the partnership between FARO Technologies , Inc. and Boston Dynamics we are dramatically closer to meeting our customers ' demands for making scanning in construction an autonomous operation '' states Scott Diaz , Director of Business Development , AEC , FARO Technologies , Inc. `` This will be FARO Technologies , Inc. 's first live demonstration to show intent to meet customer and industry demand . '' | ATS and Faro Announce Partnership - ATS Global This partnership allows both companies to combine their forces by offering Faro 's devices completed with ATS CM4D -- product quality validation software , which compares the physical properties of a product with its original CAD design.Customers including Ford Motor Company have already adopted ATS CM4D as their global standard . | Airborne 3D scanning from FARO & STORMBEE FARO Technologies , Inc. ® and STORMBEE have partnered to combine FARO Technologies , Inc. 's highly accurate laser scanners with STORMBEE 's durable drones for 3D data capture for crash reconstruction , security pre-planning and military reconnaissance applications . | ||
Sources | 2 | 1 | 3 |
FARO Team
2 Team Members
FARO has 2 team members, including former Chief Financial Officer, Laura Murphy.
Name | Work History | Title | Status |
---|---|---|---|
Laura Murphy | Chief Financial Officer | Former | |
Name | Laura Murphy | |
---|---|---|
Work History | ||
Title | Chief Financial Officer | |
Status | Former |
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