Company: Elegoo, Shenzhen, Guangdong Province, China
Nomination Submitted by: HONGKONG ELEGOO TECHNOLOGY LIMITED
Company Description: ELE comes from the word electronic, which means open-source electronic. GOO comes from the word googol, meaning the 100th power of 10. The written form is 1 followed by 100 zeros, referring to the huge amount of structural models brought by 3D printers. Elegoo implies the combination of open-source electronics and structures that creates everything.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Company of the Year - Consumer Products - Durables - Medium-size
 Nomination Title: ELEGOO
- Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the achievements of the nominated organization since 1 January 2021, OR written answers to the questions for this category? (Choose one):
Written answers to the questions
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.
- If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization: its history and past performance (up to 200 words):
Total 190 words used.
- Founded in 2015, ELEGOO is a rapidly developing brand in the global smart manufacturing industry, specializing in R&D, manufacturing, and sales of consumer-level 3D printers, laser engravers, STEM kits, and other smart technology products. With a focus on programming and 3D printing technology, ELEGOO provides unique and smart creation spaces for diverse consumers to enhance personalized experiences.
- Headquartered in Shenzhen, the company boasts a substantial footprint spanning approximately 25,000 sq meters dedicated to R&D and manufacturing. The company has nearly 20,000 sq meters of factory space that houses well-established product lines. The company plans to expand its manufacturing capabilities further through future investments.
- ELEGOO’s workforce has surpassed 500 employees. The company has maintained a robust CAGR of over 40% during the past three years and experienced annual growth of more than 50% in R&D personnel, indicating a strong commitment to innovation and technological advancement.
- ELEGOO has expanded its products and services to over 70 countries and regions through a streamlined independent website on Shopify and diversified E-Commerce platforms such as Amazon, eBay, and Alibaba. The brand prioritizes symmetrical user communications and excellent post-sales services to enhance customer satisfaction.
- If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2021 that you wish to bring to the judges' attention (up to 250 words):
Total 138 words used.
- In October 2021, ELEGOO’s JUPITER crowdfunding exceeded USD 4.8 million, placing 2nd globally in 3D printing equipment crowdfunding history of the year.
- In 2021 global gross sales of ELEGOO’s light-curing 3D printers reached USD 100 million with a sales volume of 500,000 units.
- In 2022, ELEGOO’s gross revenues exceeded USD 118 million.
- By March 2023, the company had been granted 111 patents, including 10 invention patents, 36 utility model patents, and 65 design patents. ELEGOO also owns 35 international patents, 14 software copyrights, and 4 copyrights.
- The ELEGOO brand has garnered widespread acclaim within the industry, having received multiple prestigious accolades, including:
- Ranking #1 in consumer 3D printing products on Amazon by reviews
- Has a high repurchase rate of 50% due to recognized quality control and post-sales services.
- Received editorial awards 6 times from Tom's Hardware
- If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):
Total 53 words used.
- ELEGOO is driven by automation and intelligence, offering convenient, joyful, and personalized user experiences with rapid product upgrades.
- The company is customer-centric and aims to lower barriers, enabling further exploration of the creative universe together.
- ELEGOO's scenario-based solutions build an ecosystem for everyone who desires to create, reinforce smart manufacturing, and unleash inspiration.
- You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):
Total 147 words used.
o Company homepage: https://www.elegoo.com/
o ELEGOO printers are favored on Amazon by customer review: https://www.amazon.com/s?k=3d+printer&
o ELEGOO Mars and Saturn are listed on The Best 3D Printers in 2023 – Buyer’s Guide by ALL3DP: https://all3dp.com/1/best-3d-printer-reviews-top-3d-printers-home-3-d-printer-3d
o ELEGOO Mars 2 Pro is listed on Best 3D Printers 2023: FDM, Resin and Sub-$250 Models by Tom’s Hardware: https://www.tomshardware.com/best-picks/best-3d-printers
o ELEGOO sponsored the Fishing From The Heart: https://fishingfromtheheart.com/blog/f/elegoo-3d-printers
o ELEGOO recently launched brand new product of PHECDA, which provides users more choice to realize creative ideas: https://www.kickstarter.com/projects/elegooofficial/elegoo-phecda-laser-engraver-and-cutter
o ELEGOO Mars is recommended by mainstream tech media – Wired: https://www.wired.com/story/elegoo-mars-3d-printer-rave/
o ELEGOO Mars is recommended by 3D industry media – ALL3DP: https://all3dp.com/1/elegoo-mars-review-3d-printer-specs/
o ELEGOO Mars 2 Pro is recommended by mainstream tech media – ZDNET: https://www.zdnet.com/article/best-cheap-3d-printer/
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No attachment available for this nomination.
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