The Cricut Company, founded in 2003, is a leading provider of personal electronic cutting machines and accessories. The company’s products are used by crafters, scrapbookers and education institutions all over the world.
Cricut has become one of the fastest-growing brands in the craft industry, with their machines becoming ubiquitous amongst the DIY community.
Cricut’s products have revolutionized the crafting world. The company offers a wide range of cutting machines and tools that allow users to cut through a variety of materials with ease.
This includes fabrics, cardstock, vinyl and much more. With its easy-to-use software and design capabilities, the company’s products make crafting accessible to anyone regardless of their experience level.
The company also provides an array of accessories such as mats, blades, pens and more for use with their cutting machines. Additionally, Cricut offers a subscription service that provides access to thousands of exclusive designs from established artists as well as access to exclusive deals on materials. This makes it easy for users to create unique projects that stand out from the crowd.
Cricut has seen tremendous growth over the years due to its innovative products and services. In 2020 alone, the company reported a revenue increase of 13% compared to 2019 figures. Their stock price has also risen significantly in recent years due to investors’ confidence in their growth prospects.
So How Much Is Cricut Company Worth?
At present, Cricut Company is worth approximately $6 billion dollars according to Forbes estimates. This makes them one of the most valuable companies in the craft industry and reflects their success in creating innovative products that appeal to crafters around the world.
In conclusion, Cricut Company is currently worth around $6 billion dollars according to Forbes estimates. This reflects their success in creating innovative products that appeal to crafters around the world and have revolutionized how people create projects.