Xometry was founded in 2013 by Laurence Zuriff and Randy Altschuler. The company has not officially endorsed a plan to participate in an IPO.
Xometry operates a platform that serves as a marketplace for custom manufacturing. The company has raised nearly $200 million in Venture Capital funding from investors including ArrowMark Partners, Durable Capital Partners, T. Rowe Price, Cherry Ventures, Dell Technologies Capital, Almaz Capital, Robert Bosch Venture Capital, Foundry Group, Greenspring Associates, BMW i Ventures, Highland Capital Ventures, and GE Ventures. Per company press releases, Xometry last raised $75 million in September 2020 at a post-money valuation of over $500 million.