Story of SIDDAMENT
Siddament was started over 6 years ago under the name P3D. It was first a hobby offering 3d printing to friends and students in my high school and basic filament sales, which then rapidly expanded in 2023 to sell filaments at scale thanks to funding.
Since the early days, transparency has been at the heart of the entire operation, all issues faced are publicly stated as well as manufacturers of the filament.
This is a unconventional way of doing business for sure, as I expose my suppliers to provide better transparency of where the filament is coming from. This intern also puts pressure on the manufacturer to put more effort into their products as their name is tied to the product.
My goal was to bring the entry price of complex 3d printing filaments to a lower more affordable price. I do this by buying in bulk and taking razor thin margins (42%) on most rolls compared to other retailers of filament.
This is what happens when ethnic parents allow you to dropout instead of becoming a doctor lawyer or engineer 😁
(though I do intend to go back to get a degree)
While the business itself is "self made" the finance is not, it wouldn't have been possible without my parents support and them funding parts of the business when it was starting up and pushing me to try other things, most funding for the business came from my past 9-5 jobs over 2 years at places, which also taught me most of the skills I have today.
The thing that got Siddament going was, when I was younger back around 6 years ago we couldn't afford to spend money on stuff like filaments and printers which greatly delayed when I got my first printer and that limited things I could print, also i had a 3kg filament ration per year. This also probably limited the creative activities I was able to do.
By selling in bulk I was able to make filament cheaper for smaller orders, back then 3kg of pla would cost you about $90, you can now get that for just $50.97 ($40 less) Now people in that same postion as me 6 years ago can afford almost double the quantity or even triple for some of the offerings allowing them to have lower costs and increased margins while also allowing people to prototype with more revisions for cheaper.
As it stands Siddament currently / actively supports and sells to:
80+ Schools
10+ School groups
7+ Major Uni's
18 Active B2B monthly orders (above 100 rolls)
100s of businesses (reocuring but under 100 rolls per month)
1000s of People B2C
5 stores white labelling Worldwide
I can't list the cool ones but Government agencies and departments too.
Meet the team below, Siddament is run on dopamine and its made to take your money while making you laugh so you spend more of your money lining my wallet