Xometry, Inc. XMTR

XMTR Company Overview

Xometry, Inc. is a U.S.-based industrial technology company that operates an AI-enabled manufacturing marketplace connecting buyers of custom-manufactured parts with a global network of manufacturing suppliers. The company primarily serves the industrial, aerospace, defense, medical device, automotive, robotics, consumer products, and energy sectors. Xometry’s platform facilitates sourcing for processes including CNC machining, sheet metal fabrication, injection molding, die casting, urethane casting, 3D printing, and finishing services. The company generates revenue through marketplace transaction fees, supplier services, financial products, and subscription-based software offerings.

The company’s core business lines include its AI-driven manufacturing marketplace and cloud-based sourcing and supplier tools under brands such as Thomasnet, Thomas Industrial Data, and Xometry Europe. Xometry positions itself as a digitally enabled manufacturing procurement platform that emphasizes rapid quoting, broad supplier access, and workflow automation. Founded in 2013 by Randy Altschuler and Laurence Zuriff, the company expanded from a U.S.-focused manufacturing marketplace into an international sourcing and supplier-services platform through acquisitions, platform development, and geographic expansion. Its growth has been supported by increasing adoption of digital procurement tools and distributed manufacturing networks.