Xometry Marketplace & Quoting Engine: status and timeline

Xometry Marketplace & Quoting Engine

AI marketplace connecting 90K buyers with 5K+ suppliers for custom parts. Instant quoting by design, material, process and location. One-stop project and payment management.

ScalingStage 5 of 5

90K active buyers. Q2 2026 revenue $215M, +45% YoY. In Siemens Xcelerator.

Updated 7 May 2026Checked 10 Oct0 updates this week

Milestones

No announced next step

Xometry founded2013Complete.
Series B and C funding rounds2018Complete.
Acquisition of Thomasnet for $300 millionDec 2021Complete.
IPO on NASDAQ (ticker XMTR)Jun 2021Complete.
Siemens partnership and $50M stock purchase7 May 2026Complete.

Most important updates

Current obstacles

Supplier variability and quality control5,000+ suppliers have different equipment, skill, quality standards and reliability. Automated matching must not sacrifice buyer confidence.
Pricing accuracy for novel designsUnusual jobs (large, tiny, complex geometry, exotic materials) are hard to price algorithmically. The AI must learn edge cases.

Physics limits

Small-batch economicsCustom manufacturing is inherently lower-margin than mass production. Buyers expect low prices for small quantities, but suppliers need volume.
Supplier capacity bottlenecksIf Xometry grows demand faster than suppliers can scale, queue times rise and orders move elsewhere. The platform is only as fast as the slowest link.
Design complexity and manufacturabilitySome designs are theoretically possible but impractical or unsafe to manufacture. Humans must review and push back before money is committed.

How it works

4 parts

Design upload

Buyer uploads 3D file and specs

The buyer uploads a CAD model and specifies material, finish, volume and deadline.

AI quoting

System instantly prices the job

The AI engine analyzes the design and available suppliers, returning a quote with lead time. The buyer can shop multiple quotes.

Matching

Human review and supplier selection

Xometry matches the buyer with qualified suppliers. Factories that can make the part bid or Xometry assigns the job based on availability.

Execution

Supplier manufactures and ships

The chosen supplier manufactures the part, ships it to the buyer and both parties rate the transaction on the platform.

Spec sheet

Spec	Xometry Marketplace & Quoting Engine
Active buyers (Q2 2026)	90,000^R (reported)
Suppliers in network	5,000+^R (reported)
Suppliers on Thomasnet	500,000^R (reported)
Parts shipped to date	165M+^R (reported)
Q2 2026 marketplace revenue	$215M^R (reported)
Q2 2026 adjusted EBITDA	$14.1M^R (reported)

^R reported by the company

Update log

3 updates

About Xometry

The team behind Xometry Marketplace & Quoting Engine

Xometry

AI manufacturing marketplace, CNC, 3D printing, sheet metal

Xometry operates an AI manufacturing marketplace connecting 90,000 buyers with 5,000+ suppliers for custom parts. Its quoting engine prices jobs by process, material, volume and location. It has shipped 165M parts. Xometry acquired Thomasnet in 2021, adding 500K suppliers.

Xometry went public on NASDAQ in June 2021 and has been on the Deloitte Technology Fast 500 for six consecutive years.
Q2 2026 revenue grew 41% year-over-year to $229 million, with marketplace revenue up 45%. Adjusted EBITDA reached $14.1 million.
Siemens bought ~$50M of Xometry Class A stock and embedded pricing intelligence in Xcelerator.

xometry.com (opens xometry.com)Company profile →

Founded: 201313 yrs
Headquarters: United States
Status: Public
Listed: XMTR (opens google.com)NASDAQ
Valuation: $1.5Bmarket capSep 2026
Staff: ~1,500Jan 2026
Last round: IPO (NASDAQ: XMTR) · $303MJun 2021
Works in: ManufacturingOn-demand manufacturing
Coverage: 1 program · 4 updateslatest 7 May 2026checked 10 Oct
Customers: Fortune 500 companies (opens xometry.com)
Partners: Siemens (opens siemens.com)
People: Sanjeev Singh Sahni (opens linkedin.com)CEORandy Altschuler (opens linkedin.com)Co-founder & Executive Chair

Spec

Xometry Marketplace & Quoting Engine

Active buyers (Q2 2026)

90,000^R (reported)

Suppliers in network

5,000+^R (reported)

Suppliers on Thomasnet

500,000^R (reported)

Parts shipped to date

165M+^R (reported)

Q2 2026 marketplace revenue

$215M^R (reported)

Q2 2026 adjusted EBITDA

$14.1M^R (reported)

Xometry Marketplace & Quoting Engine

Milestones

Most important updates

Current obstacles

Physics limits

How it works

Buyer uploads 3D file and specs

System instantly prices the job

Human review and supplier selection

Supplier manufactures and ships

Spec sheet

Update log

Thu 7 May

Q2 2026

Wed 8 Dec 2021

About Xometry

Current obstacles

Physics limits

How it works

Buyer uploads 3D file and specs

System instantly prices the job

Human review and supplier selection

Supplier manufactures and ships

Spec sheet

Update log

Thu 7 May

Q2 2026

Wed 8 Dec 2021

About Xometry