Xometry, Inc. engages in the provision of manufacturing solutions. The company is headquartered in North Bethesda, Maryland and currently employs 1,088 full-time employees. The company went IPO on 2021-06-30. The firm provides manufacturers with the critical resources they need to grow their business and makes it easy for buyers to create locally resilient supply chains. The company connects buyers with suppliers of manufacturing services. Xometry Instant Quoting Engine leverages millions of pieces of data to analyze complex parts in real-time, matches buyers with the right suppliers globally, and provides pricing and lead times. Its AI-enabled technology platform is powered by machine learning algorithms and datasets, resulting in a two-sided marketplace. The company uses technology to enable product designers, engineers, buyers, and supply chain professionals to access the capacity of a global network of manufacturing facilities. Its suppliers’ capabilities include computer numerical control manufacturing, and sheet cutting, among others.
Follow-Up Questions
Who is the CEO of Xometry Inc?
Mr. Randolph Altschuler is the Chief Executive Officer of Xometry Inc, joining the firm since 2013.
What is the price performance of XMTR stock?
The current price of XMTR is $47.02, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Xometry Inc?
Xometry Inc belongs to Trading Companies & Distributors industry and the sector is Industrials
What is Xometry Inc market cap?
Xometry Inc's current market cap is $2.3B
Is Xometry Inc a buy, sell, or hold?
According to wall street analysts, 11 analysts have made analyst ratings for Xometry Inc, including 5 strong buy, 7 buy, 4 hold, 0 sell, and 5 strong sell