Xometry, Inc. is a leading AI-native marketplace that digitizes the custom manufacturing industry by connecting enterprise buyers with a global network of manufacturing suppliers. The company's core offering is its proprietary Instant Quoting Engine, which uses machine learning to analyze CAD files and instantly provide pricing, lead times, and manufacturability feedback. Xometry's platform supports a wide array of manufacturing processes, including CNC machining, 3D printing (additive manufacturing), injection molding, urethane casting, and sheet metal fabrication. Revenue is primarily generated through its marketplace, where Xometry acts as the merchant of record, taking a margin on transactions between buyers and its network of over 4,900 active suppliers. Additionally, Xometry generates supplier services revenue through its Thomasnet platform, acquired in 2021, which provides advertising, marketing, and digital sourcing services to industrial suppliers. Geographically, while the majority of its revenue comes from the United States, Xometry is expanding internationally with localized platforms in Europe and Asia. The company serves a broad customer base, ranging from startups to Fortune 500 companies across industries such as aerospace, automotive, healthcare, and industrial equipment. Its asset-light business model and AI-driven pricing allow it to scale efficiently while digitizing the highly fragmented custom manufacturing supply chain.
