Xometry, Inc.

Xometry, Inc. operates an AI-powered online manufacturing marketplace that connects buyers with suppliers of custom-manufactured parts and assemblies. Its platform uses artificial intelligence to provide instant pricing and lead times for a wide range of manufacturing services, including CNC machining, injection molding, 3D printing, sheet metal fabrication, die casting, and urethane casting. The company also offers finishing, rapid prototyping, and production services. In addition to its core marketplace, Xometry provides Thomasnet, an industrial sourcing platform with a directory of suppliers and digital marketing services, as well as cloud-based solutions like Workcenter for payments and manufacturing execution, and Teamspace for project collaboration. Xometry serves industries such as aerospace, medical devices, automotive, consumer goods, defense, and robotics.

Xometry, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol XMTR. The company's shares are traded in U.S. dollars (USD), reflecting its primary listing in the United States. As a Nasdaq-listed company, Xometry is subject to the exchange's listing requirements and regulatory oversight. Investors can buy and sell XMTR shares during regular trading hours on the Nasdaq, and the stock is also available through most brokerage platforms. The use of USD as the trading currency aligns with the company's headquarters and primary operations in the United States.

Xometry, Inc. is classified under the Industrials sector and specifically within the Industrial Distribution industry. This classification reflects the company's role as an intermediary in the manufacturing supply chain, connecting buyers with suppliers of custom parts and services. Unlike traditional industrial distributors that maintain physical inventory, Xometry operates a digital marketplace that leverages AI to match orders with a network of manufacturing partners. The Industrial Distribution industry includes companies that distribute industrial products and services, and Xometry's technology-driven platform represents a modern evolution of this sector, focusing on on-demand manufacturing and sourcing solutions for a wide range of industries.

Xometry, Inc. is headquartered in North Bethesda, Maryland, United States. The company was incorporated in 2013 and operates both domestically and internationally. Its AI-powered marketplace serves customers across the United States and in other countries, providing access to a global network of manufacturing suppliers. Xometry's platform supports buyers in industries such as aerospace, industrial, medical devices, automotive, consumer goods, defense, government, energy, education, and robotics. By leveraging its digital infrastructure, Xometry enables businesses of all sizes to source custom parts efficiently, with instant pricing and lead times, regardless of their geographic location.

Xometry generates revenue primarily by facilitating transactions on its AI-powered online manufacturing marketplace. The company earns fees from buyers and suppliers for each transaction processed through its platform. Its instant quoting engine prices orders based on factors like volume, manufacturing process, material, and location, and Xometry takes a margin on these transactions. Additionally, the company offers subscription-based and advertising services through Thomasnet, an industrial sourcing platform that provides digital marketing and insights to manufacturers. Xometry also generates revenue from cloud-based software solutions, including Workcenter for payment processing and manufacturing execution, and Teamspace for project collaboration. These diverse revenue streams support the company's growth in the industrial distribution sector.