# Xometry

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xometry

- Industry: Industrial Machinery
- Headquarters: Gaithersburg, US
- Website: www.xometry.com
- Total disclosed funding: $88M
- Latest round: Series E (Sep 9, 2020)
- Investors on record: 12

## About

Based in Maryland, US, Xometry, Inc. was founded in 2013 by its Chief Executive Officer, Randy Altschuler, and Chief Strategy Officer, Laurence Zuriff. In July 2018, Xometry acquired MakeTime, a manufacturing platform. In January 2019, Xometry acquired Machine Tool & Supply of Jackson, Tennessee, and started offering cutting tools, metal, and other manufacturing supplies through Xometry Supplies. Shift, a Munich-based on-demand manufacturing platform, was acquired by Xometry in December 2019. The company, as of July 2020, raised a total of 6 funding rounds, and in 2021, the company filed with NASDAQ to perform an initial public offering of 6,875,000 shares of its Class A common stock at a price of $44.00 per share.

The company operates an AI-integrated (Artificial Intelligence) online platform that allows users to find and select machine shops and custom manufacturers and also offers them an online quoting portal and a network of partner manufacturing facilities to receive instant pricing, expected lead times, and manufacturability feedback.

The company plans to be listed on the NASDAQ under the symbol XMTR.

## Funding rounds

- Series E, Sep 9, 2020, $33M — Highland Capital Partners, T Rowe Price, Greenspring Associates, Foundry Group, Almaz Capital, ArrowMark Partners, Robert Bosch Venture Capital, BMW i Ventures, Dell Technologies Capital, Durable Capital Partners
- Series D, May 13, 2019, $55M — Highland Capital Partners, Greenspring Associates, Foundry Group, Almaz Capital, Robert Bosch Venture Capital, BMW i Ventures, Maryland Venture Fund, GE Ventures, Dell Technologies Capital

## Investors

- Highland Capital Partners (https://capitalatlas.ai/funds/highland-capital-partners) — Series D, Series E
- Greenspring Associates (https://capitalatlas.ai/funds/greenspring-associates) — Series D, Series E
- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Series D, Series E
- Almaz Capital (https://capitalatlas.ai/funds/almaz-capital) — Series D, Series E
- Robert Bosch Venture Capital (https://capitalatlas.ai/funds/robert-bosch-venture-capital) — Series D, Series E
- BMW i Ventures (https://capitalatlas.ai/funds/bmw-i-ventures) — Series D, Series E
- Maryland Venture Fund (https://capitalatlas.ai/funds/maryland-venture-fund) — Series D
- GE Ventures — Series D
- Dell Technologies Capital (https://capitalatlas.ai/funds/dell-technologies-capital) — Series D, Series E
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series E
- ArrowMark Partners — Series E
- Durable Capital Partners — Series E