Xometry

Company research

Public company, workplace, funding, and market signals

Updated Aug 5, 2026

Overview

Xometry is a public, AI-native online manufacturing marketplace founded in 2013. It connects engineers and enterprise buyers with a global supplier network for custom parts, while also operating Thomasnet industrial sourcing, Workcenter manufacturing-execution, and related supplier financial/marketing services. The company became publicly traded on Nasdaq (XMTR) in June 2021.

Primary product

AI-powered Xometry Marketplace: instant quoting, manufacturability analysis, supplier matching, sourcing, and fulfillment for custom manufacturing.

Founded

2013

Headquarters

6116 Executive Boulevard, Suite 800, North Bethesda, Maryland 20852, United States

Team size

1,000–1,500 globally

Work style

Hybrid

Industry

Software and manufacturing technology

Sub-industry

AI-enabled digital manufacturing marketplace / industrial sourcing and supply-chain software

Offices

North Bethesda, Maryland, United States

Waltham, Massachusetts, United States

Lexington, Kentucky, United States

Munich, Germany

Lyon, France

Istanbul, Turkey

Chelmsford, United Kingdom

Shanghai, China

Shenzhen, China

Business model

Transaction marketplace: connects buyers to manufacturing suppliers and earns marketplace-related revenue

Supplier services, including advertising, marketing, sourcing visibility, and financial products

Thomasnet industrial sourcing subscriptions and digital marketing

Workcenter cloud manufacturing-execution software

Enterprise procurement integrations and workflow services

Funding

Stage

Public company; post-IPO strategic financing

Total raised

$197.2M

Latest round

Strategic private placement / Siemens investment · May 2026

Latest amount

$50M

Strategic private placement / Siemens investment

May 2026 · Siemens

$50M

Convertible senior notes

Jun 2025

$250M

Post-IPO financing

Feb 2022

Initial public offering

Jun 2021

$302M

Series E

Sep 2020 · T. Rowe Price

$75M

Series D

Jan 2019 · Greenspring Associates

$55M

Series C / venture round

Jan 2018 · Foundry Group

$25M

Series B

Jan 2017 · BMW i Ventures

$15M

Venture round

Jan 2016

$7.6M

Early venture round

Jan 2015

$3M

Seed / angel financing

$800K

People & investors

Leadership

Sanjeev Singh Sahni

Chief Executive Officer (appointed July 2026)

Randy Altschuler

Co-founder and Executive Chairman

James Miln

Chief Financial Officer

Subir Dutt

Chief Sales Officer

Kim Hirsch

Chief Human Resources Officer

Oscar Lovera

Chief Operations Officer, International

Vaidy Raghavan

Chief Technology Officer

Kristie Scott

General Counsel

Stephany Verstraete

Chief Marketing Officer

Founders

Laurence Zuriff

Founder and Chief Strategy Officer

Investors

Almaz Capital

ArrowMark Partners

BMW i Ventures

Dell Technologies Capital

Durable Capital Partners

Foundry Group

GE Ventures

Greenspring Associates

Highland Capital Partners

Maryland Venture Fund

Robert Bosch Venture Capital

Siemens

T. Rowe Price

Work & culture

Company materials emphasize collaboration, curiosity, accountability, adaptability, continuous learning, inclusion, and a mission to make manufacturing capacity accessible. The careers page identifies seven employee resource groups.

Work style

Hybrid

Visa sponsorship

Limited

Compensation

Public US job postings show base salary examples of $119,000–$155,000 for a senior software engineer and $170,000–$195,000 for a staff software engineer, plus bonus and equity. Xometry participates in E-Verify and asks applicants whether they will require sponsorship; sponsorship availability is role-specific and not established as universal.

Benefits

Medical, dental, and vision insurance

Mental-health resources and Employee Assistance Program

401(k) plan / match

Company-paid life insurance

Short- and long-term disability insurance

Equity grants

Paid holidays and flexible time off

Volunteer time

Maternity and bonding leave

Office snacks and drinks

Catered-lunch stipend for certain offices/roles

Employee Resource Groups

Product & market

Pricing

Buyer-facing pricing is generally quote-based and varies by part geometry, material, process, quantity, tolerances, lead time, and shipping. Supplier-side Thomasnet and marketing offerings use service/subscription and lead-generation pricing; Workcenter is a cloud software offering with publicly undisclosed pricing.

Differentiators

—AI-driven instant quoting and manufacturability analysis
—Large, distributed supplier network across processes and geographies
—End-to-end design-to-production workflow
—Data generated from part files, supplier feedback, pricing, and production outcomes
—Enterprise procurement integrations and supply-chain visibility
—Combination of transactional marketplace with Thomasnet industrial sourcing
—Broad process coverage including CNC machining, 3D printing, sheet metal, injection molding, and fabrication
—Supplier financial, marketing, and manufacturing-execution services

Technology

Artificial intelligence / machine learning

Automated manufacturability analysis and instant quoting

Cloud marketplace platform

Microservices

AWS (company-identified dependency)

APIs and enterprise procurement integrations

Workcenter cloud manufacturing-execution software

Thomasnet digital sourcing and marketing platform

12 issued U.S. patents as of 2025 year-end

Customers

Fortune 500 companies

Enterprise engineering and procurement organizations

Startups and small businesses

Automotive and electric-vehicle companies

Aerospace and space-related organizations

Medical-device companies

Industrial manufacturers

Self-funded product developers

Competitors

Protolabs

Fictiv

Hubs / Hubs.com

3D Systems and other on-demand manufacturing providers

Traditional manufacturing brokers and service bureaus

Direct supplier networks and contract manufacturers

Thomasnet alternatives and industrial sourcing platforms

Scale & contact

Estimated revenue

$600M–$700M annual revenue; reported FY2025 revenue was $686.6M

Estimated monthly visits

813.7K

Signals & risks

Other

Dec 2025

The 2025 annual report reported a $61.7 million net loss for 2025 and an accumulated deficit of approximately $432 million; it also identified continued losses, revenue-growth variability, AWS reliance, competition, and data-privacy regulation as risks.

Source

Other

Jun 2025

Xometry completed a $250 million convertible-notes refinancing, using proceeds partly to repurchase approximately $201.7 million of existing 2027 notes; this improved maturities and liquidity but represents material debt financing.

Source

Acquisition

Reported acquisitions included Thomas Publishing/Thomasnet, FactoryFour, Big Blue Saw, Shift, and Tridi. The available evidence does not indicate a shutdown; acquisition activity is a strategic integration and execution risk.

Source

Latest news

Xometry and Siemens Partner to Embed AI-Native Supply Chain Intelligence into Siemens Xcelerator

Xometry · May 2026

Siemens agreed to invest approximately $50 million in Xometry while embedding Xometry manufacturability, pricing, sourcing, and execution intelligence into Siemens Xcelerator.

Xometry Reports Record Fourth Quarter and Strong Full-Year 2025

Xometry · Feb 2026

Xometry reported FY2025 revenue of $686.6 million and highlighted 30% year-over-year Q4 revenue growth, marketplace expansion, and positive adjusted EBITDA progress.

Xometry Reports Record Second Quarter 2025 Results

Xometry · Aug 2025

The company reported continued marketplace growth, enterprise procurement integrations, AI-assisted technical-drawing quoting, and its 2025 refinancing.

Xometry Announces Convertible Debt Refinancing and Closing of $250 Million of 0.75% Convertible Senior Notes Offering

Xometry · Jun 2025

The company issued $250 million of 0.75% convertible notes due 2030 and repurchased approximately $201.7 million of notes due 2027.

Jobs and careers at Xometry

241 jobs at Xometry

Senior Solutions Engineer, Injection Molding

Remote

Technical Sales Engineering

Los Angeles, CA; Remote

Today

Remote

Full-time