What Xometry does

Xometry, Inc. (NASDAQ: XMTR; founded 2013, headquartered in North Bethesda, Maryland) operates an AI-native manufacturing marketplace that connects buyers with a vetted global supplier network of more than 5,000 manufacturers across 20+ processes, including CNC machining, 3D printing, sheet metal fabrication, injection molding, and high-volume metal production. The company's core technical asset is the patent-protected Xometry Instant Quoting Engine, which ingests CAD files (STEP, SLDPRT, STL, IPT, CATPART, among others) and returns real-time pricing, design-for-manufacturability (DFM) feedback, and lead-time predictions. The 2026 Enterprise Machining Lead Time Prediction Model and dynamic personalized pricing models are trained on a proprietary production dataset described as four times larger than prior versions, and the platform is embedded into Siemens Xcelerator's design digital thread under a May 2026 strategic partnership with Siemens (which also made a ~$50M minority equity investment).

Xometry monetizes primarily through marketplace transaction fees/commissions on orders routed to suppliers (marketplace revenue reached $629.6M in FY2025, up 29.6% YoY), supplemented by enterprise-tier contracts with dedicated program management and eProcurement integrations (SAP Ariba, Coupa, Microsoft Dynamics), recurring Thomas platform subscriptions and Performance-Based Listings advertising across the 500,000+ supplier directory acquired in 2023, and supplier-facing Workcenter tooling with guaranteed net-40 payment terms. The customer base includes 140+ enterprise accounts with at least $500K in trailing 12-month spend (growing approximately 30% YoY) across aerospace and defense, automotive, medical, data centers, and electronics, plus a long tail of hardware startups, universities, and individual engineers accessing the self-serve platform. Additional certifications include CMMC Level 2 (perfect C3PAO audit), ITAR, ISO 9001:2015, ISO 13485:2016, AS9100D, and IATF 16949:2016, which qualify the platform for defense, aerospace, medical, and automotive supply chains.

FY2025 revenue reached approximately $687M (26% YoY growth), Q1 2026 revenue hit a record $205M (36% YoY growth), and the company inflected to positive Adjusted EBITDA in FY2025 ($18.5M, up $28.2M from FY2024 negative $9.7M) and reported its first quarter of positive Adjusted EBITDA and free cash flow in Q1 2026 ($10.5M). A planned CEO transition from co-founder Randy Altschuler to President Sanjeev Singh Sahni (effective July 1, 2026), the May 2026 appointment of AI entrepreneur Lukas Biewald to the Board, and a $225M underwritten public offering in June 2026 follow a $225M convertible note placement in June 2025 and the $300M Thomas acquisition completed in 2023.

Name

Xometry

Legal name

Xometry, Inc.

Website

https://xometry.com

Company type

Public

Founded year

2013

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Xometry operates an AI-native manufacturing marketplace connecting buyers with 5,000+ vetted suppliers across CNC machining, 3D printing, sheet metal, injection molding, and high-volume metal production, serving enterprise accounts in aerospace, defense, automotive, medical, and data centers alongside hardware startups.

Ownership category

akta.pro rank

Product category

Manufacturing Marketplace

NAICS

Industrial Machinery Manufacturing (33324)

SIC

Wholesale-Industrial Machinery & Equipment (5084)

akta.pro primary industry

Additive Manufacturing & Connected 3D Printing (IMAIAMAL)

Keywords

• Custom manufacturing marketplace
• AI instant quoting
• CNC machining services
• Industrial parts sourcing
• On-demand prototyping

Headquarters

HQ city

Gaithersburg

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Digital Commerce or Content

Cost components

Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Marketplace Transaction Revenue: Xometry charges suppliers a transaction fee/commission on orders fulfilled through its marketplace. Marketplace revenue reached $629.6M for full-year 2025 (up 29.6% year-over-year), representing the majority of total company revenue. Revenue is driven by order volume across CNC machining, 3D printing, sheet metal fabrication, injection molding, and other manufacturing processes.
2. Enterprise and Professional Services: Revenue from enterprise accounts with $500K+ trailing 12-month spend (140+ accounts), including Xometry Teamspace collaboration platform, eProcurement integrations (SAP Ariba, Coupa, Microsoft Dynamics), and dedicated program management for injection molding and complex projects. Enterprise accounts grew approximately 30% year-over-year.
3. Thomas Platform Subscription & Listing Fees: Thomas, a digital platform connecting industrial buyers with over 500,000 suppliers, generates revenue from supplier listings, Performance-Based Listings advertising, and premium platform features. Thomas Smart Search and Performance-Based Listings launched January 2026 to help buyers find suppliers and enable suppliers to promote offerings.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels9 records

Core offering

Xometry operates an AI-powered online manufacturing marketplace that connects buyers with a global network of 5,000+ vetted manufacturing suppliers for custom parts across CNC machining, 3D printing, sheet metal fabrication, injection molding, and high-volume metal production processes. The platform provides instant quoting via patented ML algorithms, design-for-manufacturability feedback, and enterprise-grade procurement integrations (SAP Ariba, Coupa, Microsoft Dynamics), supported by the Thomas industrial sourcing platform with 500,000+ suppliers and a Siemens Xcelerator distribution partnership.

Product overview

Xometry is an AI-native manufacturing marketplace platform that connects buyers with a global network of over 5,000 vetted manufacturing suppliers. The core platform includes the Xometry Instant Quoting Engine for AI-powered pricing and DFM feedback, supplemented by Xometry Enterprise for large buyers requiring SAP Ariba/Coupa/Microsoft Dynamics integrations, and Xometry Teamspace for collaborative multi-user project management. Thomas (an acquired century-old industrial sourcing platform with 500,000+ suppliers) provides complementary sourcing capabilities including Thomas Smart Search and Performance-Based Listings. Workcenter serves the supplier side with job management and payment tools. The platform supports manufacturing across CNC machining, 3D printing, sheet metal fabrication, injection molding, and high-volume metal production processes.

Differentiator

Problem solved

Functional benefit

Brands

• Xometry Instant Quoting Engine: AI-powered instant quoting engine for custom manufacturing services
• Xometry Enterprise
• Workcenter
• Teamspace
• Thomas
• Xometry Foundation

Products and services

• Xometry Instant Quoting Engine AI-powered quoting engine providing instant pricing, design-for-manufacturability feedback, and lead times for custom manufacturing orders across CNC machining, 3D printing, sheet metal, injection molding, and high-volume metal production. Supports CAD file uploads (STEP, STP, SLDPRT, STL, DXF, IPT, X_T, X_B, 3DXML, CATPART, PRT, SAT, 3MF, JT) and is integrated into Siemens Xcelerator.
• Xometry Manufacturing Partner Network Global network of over 5,000 vetted manufacturing suppliers providing access to CNC machining, 3D printing, sheet metal fabrication, injection molding, and high-volume metal production capabilities across 20+ processes for prototype through production volumes.
• Xometry Enterprise Enterprise manufacturing solutions offering eProcurement integrations with SAP Ariba, Coupa, and Microsoft Dynamics, bulk upload for production quotes, dedicated onboarding, and enterprise support for large-scale manufacturing procurement at Fortune 500 companies.
• Xometry Teamspace Collaborative multi-user workspace for engineering and procurement teams to manage manufacturing projects, share quotes, track orders, and collaborate on design decisions across the procurement workflow.
• Xometry Workcenter Supplier-facing all-in-one manufacturing management platform enabling manufacturers to track jobs, manage team members, accept proposals from Thomas, track payments, and manage cash flow with guaranteed net-40 payments.
• Thomas Industrial Sourcing Platform Digital industrial sourcing platform connecting buyers with over 500,000 suppliers, featuring Thomas Smart Search for complex multi-capability supplier searches and Performance-Based Listings for targeted supplier advertising across North America.
• Thomas Smart Search AI-enhanced search tool enabling complex multi-capability supplier searches within the Thomas platform, demonstrated to deliver over 15% more supplier evaluations compared to previous search functionality.
• CNC Machining Services On-demand CNC machining services including 3/4/5-axis milling, CNC turning, CNC drilling, wire EDM, Swiss-type turning, and micro machining with sub ±0.001 inch accuracy, available across virtually any metal or plastic material and from prototype to production volumes.
• 3D Printing Services Additive manufacturing services across eight processes including SLS, HP Multi Jet Fusion, FDM, SLA, DMLS, Metal Binder Jetting, Carbon DLS, and PolyJet with access to over 100 materials for prototypes and production parts.
• Sheet Metal Fabrication Sheet metal fabrication services including laser cutting, waterjet cutting, plasma cutting, tube bending, laser tube cutting, welding, and assembly with sub ±0.005 inch tolerances, supporting prototype through production volumes.
• Injection Molding Services Injection molding services with auto-quoting for plastic molding, insert and overmolding, compression molding, prototype molding, and production tooling, supported by SPI, VDI, and MoldTec finishing options and a broad auto-quotable materials catalog.
• Xometry Europe European custom manufacturing marketplace serving European operations, providing localized access to CNC machining, 3D printing, sheet metal, injection molding, and other manufacturing services following the acquisition and rebranding of Shift.

Quantifiable outcome

• 36% year-over-year revenue growth to $205M in Q1 2026
• +7 more outcomes

Named customers8 records

Segments8 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability8 records

Feature7 records

Partnerships

Six partnerships are on record, tiered core and minor.

• ASME FoundationcoreStrategic or Co-development Partner · 25 June 2026Xometry Foundation established national and regional partnerships with ASME Foundation to deliver student travel grants, undergraduate scholarships, and community STEM resources as part of the $1M annual Foundation commitment to advance engineering education and U.S. workforce development.
• SAE FoundationcoreStrategic or Co-development Partner · 25 June 2026Xometry Foundation partnered with SAE Foundation to deliver student travel grants, undergraduate scholarships, and hands-on engineering experiences for students through the $1M annual Foundation commitment.
• U.S. Space & Rocket CenterminorStrategic or Co-development Partner · 25 June 2026Xometry Foundation partnered with the U.S. Space & Rocket Center to provide STEM resources and hands-on engineering programs for students, part of the $1M annual Foundation commitment to develop the next generation of engineers.
• KID MuseumminorStrategic or Co-development Partner · 25 June 2026Xometry Foundation partnered with KID Museum to deliver STEM education resources and programs for children, supporting the Foundation's mission to advance engineering education and workforce development.
• Lukas Biewald (Board Director)coreOthers · 21 May 2026AI entrepreneur Lukas Biewald, co-founder and former CEO of Weights & Biases and current SVP of AI at CoreWeave, was appointed to Xometry's Board of Directors. His appointment aims to inform Xometry's development of AI capabilities for manufacturing procurement, including personalized pricing and design-for-manufacturability intelligence. Biewald brings deep AI infrastructure expertise from building Weights & Biases (acquired by CoreWeave in 2025) to guide Xometry's AI-native platform evolution.
• Maryland Manufacturing Extension Partnership (Maryland MEP)minorStrategic or Co-development Partner · 26 February 2026Thomas (a Xometry business) partnered with Maryland MEP to accelerate digital maturity and growth of manufacturers across Maryland. The collaboration provides a dedicated Maryland sourcing portal, digital presence audits, and educational programming including a webinar on digital marketing for manufacturers. Aims to strengthen Maryland's industrial sector across aerospace, defense, life sciences, and emerging technology hubs.

Scale indicators14 records

Recent moves7 records

Expansion highlights7 records

Emerging players

• Craftcloud by All3DP: Craftcloud by All3DP is an on-demand 3D printing and manufacturing marketplace; smaller scale but directly comparable business model serving similar indie engineer and SMB demand.
• Plethora: Plethora is an emerging on-demand manufacturing services platform offering CNC, 3D printing, and fabrication with instant quoting; a smaller but direct overlap with Xometry's core motion.

Direct peers

• Fictiv: Fictiv is an on-demand manufacturing marketplace connecting buyers with a global network of vetted CNC, 3D printing, sheet metal, and injection molding suppliers - directly comparable in model and customer profile to Xometry's marketplace.
• Protolabs: Protolabs operates a digital manufacturing platform offering CNC machining, injection molding, 3D printing, and sheet metal with online quoting - the closest direct competitor to Xometry across the same custom manufacturing processes and customer base.
• Shapeways: Shapeways runs an online 3D printing marketplace connecting designers and engineers with manufacturing partners - a narrower-scope but directly comparable marketplace peer for additive manufacturing.
• Hubs (formerly 3D Hubs, now part of Protolabs): Hubs operates a global manufacturing platform offering CNC, 3D printing, sheet metal, and injection molding; now part of Protolabs, it overlaps directly with Xometry across online quoting and a distributed supplier network.

Broad incumbents

• McMaster-Carr: McMaster-Carr is a century-old industrial supply distributor with a massive catalog of standard and custom parts; an adjacent incumbent competing for procurement budgets even though its model is catalog-based rather than on-demand custom.
• Grainger: W.W. Grainger is a broad industrial distribution and maintenance, repair, and operations incumbent serving similar enterprise procurement customers with industrial MRO and custom parts sourcing capabilities.
• MSC Industrial Direct: MSC Industrial Direct is a large industrial distributor of metalworking and maintenance products to similar enterprise buyers; a broad incumbent in adjacent sourcing and procurement.

Others

• Siemens Digital Industries (Xcelerator / Supplyframe): Siemens is both Xometry's flagship strategic partner (via Xcelerator and Supplyframe) and an industrial software incumbent in design-to-source intelligence; relevant as an ecosystem participant rather than a direct marketplace competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCF3PKELz1eWO3bdxVLIYN7g
• LinkedInlinkedin.com/company/xometry
• Instagraminstagram.com/xometry
• Xx.com/xometry
• Facebookfacebook.com/xometry

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

Funding overview

Funding rounds11 records

Investors17 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Xometry