Xometry Inc. is a technology-driven marketplace that connects manufacturers and suppliers with customers seeking custom manufacturing services. The company was founded in 2013 by Randy Altschuler and Laurence Zuriff in Gaithersburg, Maryland, USA. The founders recognized the need for a more efficient and streamlined way for businesses to source custom parts and manufacturing services, and they set out to create an online platform that could match supply with demand in the manufacturing industry.
Xometry operates as an on-demand manufacturing platform, leveraging advanced technology to connect customers with a vast network of pre-vetted manufacturers and suppliers. The platform allows customers to submit their design specifications and requirements, and then Xometry's algorithms analyze the data to match the project with the most suitable manufacturers from its network. This approach ensures that customers receive competitive pricing and high-quality products, while manufacturers can access a steady stream of business opportunities.
The company provides a wide range of manufacturing services, including 3D printing, CNC machining, injection molding, sheet metal fabrication, and more. Customers from various industries, such as aerospace, automotive, healthcare, and consumer goods, use Xometry's platform to access on-demand manufacturing services and turn their ideas into reality.
Xometry has grown rapidly since its inception, attracting significant investments from various venture capital firms. The company has also made strategic acquisitions to expand its capabilities and reach. In 2019, Xometry acquired MakeTime, another manufacturing platform, to enhance its software and platform offerings. The company has expanded its presence to serve customers in the United States, Europe, and Asia, making it a truly global player in the on-demand manufacturing market.