About

Xometry connects businesses with manufacturers for custom manufacturing and industrial supply services. Clients can upload design files to receive instant quotes for various production methods, including 3D printing, CNC machining, injection molding, and sheet metal fabrication. The platform utilizes a large network of manufacturing partners to ensure quick delivery of high-quality parts at competitive prices. Additionally, Xometry offers a range of industrial supplies, such as raw materials and tools, with a program that allows clients to manage costs effectively. Unlike many competitors, Xometry has no minimum order requirements and provides fast shipping, making it suitable for businesses of all sizes. The goal of Xometry is to simplify the manufacturing process and provide accessible solutions for custom parts and supplies.

Simplify's Take

What believers are saying

• The recent investment from Nicholas Investment Partners LP signals strong financial backing and growth potential.
• Enhanced Teamspace collaboration features and new dashboard tools improve order management and project collaboration, making the platform more user-friendly.
• Partnership with Google Cloud to leverage Vertex AI accelerates the deployment of new auto-quote methods, enhancing the platform's technological capabilities.

What critics are saying

• The investigation into possible breaches of fiduciary duties by certain directors could lead to legal and reputational issues.
• The appointment of a new CFO may lead to transitional challenges and potential strategic shifts.

What makes Xometry unique

• Xometry's AI-powered marketplace offers instant quotes and leverages a vast network of manufacturing partners, providing a unique edge in speed and cost-efficiency.
• The Supplies Flex program allows clients to lock in material pricing and pay in installments, a feature not commonly found among competitors.
• Xometry's comprehensive range of services, from 3D printing to CNC machining, sets it apart as a one-stop-shop for custom manufacturing needs.

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