Xometry

Corporate brand

A digital manufacturing marketplace that connects buyers with production capacity for prototypes and manufactured parts.

Last updated August 21, 2026

AI crawler reads

No AI crawler has read this profile since Oct 28, 2026.

Overview

Xometry is a United States-based digital manufacturing marketplace focused on sourcing custom parts for prototyping and production. Its business connects engineers, designers, procurement teams, and other buyers with a distributed network of manufacturing suppliers. Customers can upload computer-aided design files and receive automated estimates based on variables such as material, geometry, quantity, manufacturing method, location, and delivery requirements. The company combines this quoting capability with supplier matching, order management, quality processes, logistics, and procurement software. The company was founded in 2013 as NextLine Manufacturing Corp. by Randy Altschuler and Laurence Zuriff. It adopted the Xometry name in 2015. Its central technology is an instant-quoting engine intended to reduce the time and friction traditionally involved in requesting manufacturing quotations. Rather than operating primarily as a conventional factory, Xometry coordinates work across independent and partner manufacturing businesses, allowing customers to obtain capacity for one-off parts, prototypes, and larger production runs through a unified platform. Xometry supports a broad range of processes, including computer numerical control machining, additive manufacturing and 3D printing, injection molding, urethane casting, die casting, and fabrication of sheet metal and pipe. Its customers come from sectors such as aerospace and defense, automotive, healthcare, consumer products, industrial equipment, and other engineered-product industries. The platform has also been integrated into design and engineering workflows, including Autodesk Inventor and Autodesk Fusion environments, enabling users to seek manufacturing estimates without leaving familiar design tools. The company expanded through both geographic development and acquisitions. It acquired MakeTime in 2018, Machine Tool & Supply in 2019, and Munich-based Shift later in 2019, helping establish its European presence. In 2021 it acquired Thomas, a business-to-business industrial sourcing platform with a large supplier and buyer network. Xometry subsequently developed localized services across Europe, the United Kingdom, Australia, China, and broader Asia. The marketplace is described as operating in multiple languages and currencies and as serving tens of thousands of buyers through thousands of active suppliers. Xometry became a public company on Nasdaq in June 2021 under the ticker XMTR. The initial public offering raised approximately $300 million, according to the cited reference material, and the company has continued positioning itself as a technology-enabled alternative to fragmented industrial procurement. Its software offering has expanded beyond quoting to include cloud-based collaboration, order visibility, supplier access, and team-oriented procurement workflows. In 2023 the company introduced a collaborative dashboard, and in 2024 it integrated Teamspace to support collaboration around orders. Xometry’s brand positioning rests on speed, breadth of manufacturing access, software-driven quoting, and the ability to scale from early prototypes to repeat production. Its marketplace model gives buyers access to external manufacturing capacity while giving suppliers an additional channel for commercial orders. The model also exposes the company to the operational complexity of quality assurance, supplier coordination, delivery performance, and demand fluctuations. Xometry remains an active public company headquartered in North Bethesda, Maryland.

History

Xometry began in 2013 as NextLine Manufacturing Corp., founded by Randy Altschuler and Laurence Zuriff to improve the procurement of custom and on-demand manufactured parts. The company’s initial proposition was to use software to turn a buyer’s design data into a rapid manufacturing quote and then route the order to an appropriate production supplier. It renamed itself Xometry in 2015. Its instant-quoting technology became the foundation of the business. The system evaluates design and order characteristics, including volume, material, location, and production method, to estimate price and manufacturing feasibility. This approach sought to replace lengthy, fragmented quotation processes with a digital workflow that could cover both prototypes and larger production requirements. Early investors included BMW, General Electric, and Highland Capital Partners. Xometry expanded its network and service range during the late 2010s. In 2017 Fabio Rosati joined the board. In 2018 the company acquired MakeTime, a Lexington-based manufacturing platform. In January 2019 it acquired Machine Tool & Supply of Jackson, Tennessee, enabling the launch of Xometry Supplies for cutting tools, metal, and related manufacturing products. Later in 2019, Xometry acquired Shift, a Munich-based manufacturing marketplace, and rebranded the acquired European activity as Xometry Europe. The company reported rapid growth between 2018 and 2020 and developed a customer base that included major industrial and technology organizations such as BMW, NASA, Bosch, Dell, and General Electric. It was also listed among the Deloitte Technology Fast 500 from 2020 onward, according to the cited reference. Xometry expanded its software integrations during this period, including an Autodesk Fusion app introduced in March 2021. Xometry went public on June 29, 2021, listing on Nasdaq under XMTR. Before the offering, the company reported more than six million component transactions, over 43,000 buyers, and approximately 5,000 sellers on its platform. The cited reference states that the IPO raised about $300 million and that the company’s market capitalization at the offering was approximately $3.7 billion. The listing marked a transition from venture-backed marketplace growth to operation as a public technology and manufacturing-services company. In December 2021 Xometry acquired Thomas, a business-to-business industrial sourcing platform with a large directory and network of commercial and industrial suppliers. The transaction broadened Xometry’s access to industrial buyers and suppliers beyond its original custom-parts marketplace. In 2022 the company continued expanding in Europe and launched Xometry Asia. It moved its headquarters to North Bethesda, Maryland, in December of that year. Xometry’s later development has emphasized collaboration and procurement software in addition to quotation and supplier matching. In 2023 it added a cloud-based collaborative dashboard, and in 2024 it integrated Teamspace to help teams coordinate orders. The company also added an English-language site for Asia in 2024. Governance changed during this period: Laurence Zuriff left the board in 2024, while Fabio Rosati became board chair in 2023 after previously serving on the board. The cited reference identifies Sanjeev Singh Sahni as succeeding Randy Altschuler as chief executive in July 2026; because that date is future-dated relative to many historical accounts, the current executive status should be independently verified. Today Xometry operates as a marketplace and software business serving buyers that need CNC machining, additive manufacturing, injection molding, casting, and metal fabrication. Its international model combines a network of manufacturing suppliers with localized platforms and digital procurement tools. The company’s principal strategic challenge is coordinating quality, capacity, pricing, delivery, and compliance across a distributed supply base while preserving the speed and convenience promised by its software-driven marketplace.

2024
Teamspace integrated
[1]Xometryen.wikipedia.org
Teamspace was added to support team collaboration around manufacturing orders.
2023
Collaborative dashboard introduced
[1]Xometryen.wikipedia.org
Xometry added cloud-based tools for collaboration and order management.
2022
Xometry Asia launched
[1]Xometryen.wikipedia.org
Xometry broadened its international operations with an Asia-focused marketplace.
2022
Headquarters moved to North Bethesda
[1]Xometryen.wikipedia.org
The company relocated its headquarters to North Bethesda, Maryland.
2021
Autodesk Fusion app introduced
[1]Xometryen.wikipedia.org
The company introduced a manufacturing quotation integration for Autodesk Fusion.
2021
Initial public offering
[1]Xometryen.wikipedia.org
Xometry began trading on Nasdaq under the ticker XMTR.
2021
Acquisition of Thomas
[1]Xometryen.wikipedia.org
The acquisition expanded Xometry’s industrial sourcing network and buyer reach.
2019
Expansion into supplies and Europe
[1]Xometryen.wikipedia.org
Xometry acquired Machine Tool & Supply and Shift, supporting Xometry Supplies and Xometry Europe.
2018
Acquisition of MakeTime
[1]Xometryen.wikipedia.org
Xometry acquired MakeTime, expanding its manufacturing marketplace capabilities.
2015
Company adopts the Xometry name
[1]Xometryen.wikipedia.org
NextLine Manufacturing Corp. changed its name to Xometry as its marketplace model developed.
2013
Company founded as NextLine Manufacturing Corp.
[1]Xometryen.wikipedia.org
Randy Altschuler and Laurence Zuriff founded the company as a digital procurement platform for on-demand manufacturing.

Products and positioning

A software-enabled industrial procurement and manufacturing marketplace serving the path from prototype to production.

Manufacturing software
Xometry Instant Quoting Engine
Xometry’s core quoting system analyzes uploaded CAD designs and order requirements to estimate manufacturing cost and feasibility. It considers factors such as geometry, material, volume, manufacturing process, and location. The engine is designed to provide rapid feedback and connect the resulting order with suitable production capacity.
Manufacturing services · 2013
On-demand manufacturing marketplace
The marketplace connects buyers with independent and partner manufacturers for custom parts. It covers prototyping and production work across CNC machining, additive manufacturing, injection molding, urethane casting, die casting, and sheet-metal and pipe fabrication.
Industrial supplies · 2019
Xometry Supplies
Xometry Supplies extends the company’s marketplace model into manufacturing inputs and equipment-related products. It was developed following the acquisition of Machine Tool & Supply and includes offerings such as cutting tools, metal, and other supplies used by manufacturers.
Collaboration software · 2024
Xometry Teamspace
Teamspace is a collaborative workflow capability integrated into Xometry’s digital environment. It is intended to help teams coordinate manufacturing orders, share information, and manage procurement activity in a common cloud-based workspace.

Brand decisions

2023
Expand from quoting into collaborative procurementStrategy
Background
Manufacturing buyers increasingly required shared visibility and coordination across engineering, procurement, and production teams.
Action taken
Xometry introduced a cloud-based collaborative dashboard and later integrated Teamspace.
Aftermath
The platform’s role expanded from quote generation and supplier matching toward broader order and team workflow management.
Source
2021
Pursue a public listingOther
Background
Xometry had expanded its buyer and supplier network and developed a substantial digital manufacturing operation.
Action taken
The company completed an initial public offering and began trading on Nasdaq as XMTR.
Aftermath
Xometry became a publicly traded manufacturing-technology company.
IPO proceeds. Approximately $300 million raised (June 29, 2021)
Source
2021
Acquire ThomasM&A
Background
Xometry sought to expand beyond custom-part ordering and reach a broader industrial sourcing audience.
Action taken
It acquired Thomas, a business-to-business industrial sourcing platform.
Aftermath
The transaction added a large supplier directory and industrial buyer network to Xometry’s ecosystem.
Source
2015
Adopt the Xometry brandStrategy
Background
The company was developing a broader digital marketplace for custom manufacturing after beginning as NextLine Manufacturing Corp.
Action taken
It changed its corporate and operating name to Xometry.
Aftermath
The Xometry name became associated with its instant-quoting and supplier-matching marketplace.
Source

Recent events

2024
Xometry integrates Teamspace[1]Xometryen.wikipedia.org
Product launch
Teamspace was integrated to support collaboration among teams managing Xometry orders.
2024
Laurence Zuriff leaves Xometry’s board[1]Xometryen.wikipedia.org
Leadership change
Co-founder Laurence Zuriff resigned from the company’s board of directors.
2023
Xometry introduces collaborative procurement dashboard[1]Xometryen.wikipedia.org
Product launch
Xometry added a cloud-based dashboard intended to improve visibility and collaboration around manufacturing orders.
2022
Xometry expands European services and launches Xometry Asia[1]Xometryen.wikipedia.org
Other
The company broadened its international platform coverage, including European services and an Asia-focused offering.
2022
Xometry relocates headquarters to North Bethesda[1]Xometryen.wikipedia.org
Other
The company moved its headquarters to North Bethesda, Maryland.
2021
Xometry launches Autodesk Fusion integration[1]Xometryen.wikipedia.org
Product launch
The Autodesk Fusion app brought Xometry’s manufacturing quotation workflow into a major computer-aided design environment.
2021
Xometry completes Nasdaq initial public offering[1]Xometryen.wikipedia.org
Other
Xometry became publicly traded on Nasdaq under the symbol XMTR. The cited reference reports that the offering raised approximately $300 million.
2021
Xometry acquires Thomas[1]Xometryen.wikipedia.org
M&A
The acquisition added the Thomas industrial business-to-business sourcing platform, including its supplier and buyer network.
2019
Xometry expands into manufacturing supplies[1]Xometryen.wikipedia.org
M&A · Product launch
Following its acquisition of Machine Tool & Supply, Xometry began offering cutting tools, metal, and related supplies through Xometry Supplies.
2019
Xometry acquires Shift and expands in Europe[1]Xometryen.wikipedia.org
M&A
The acquisition of Munich-based Shift expanded Xometry’s European coverage and brought additional countries onto its platform.

Showing the 10 most recent.

Sources12 sources

Cite this profile: Cite the canonical profile. /brand-wiki/xometry · Editorial policy · How profiles are compiled