Xometry Europe

Xometry Europe

AI-powered platform connecting custom manufacturing suppliers

About Xometry Europe

Simplify's Rating
Why Xometry Europe is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Robotics & Automation

Industrial & Manufacturing

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Munich, Germany

Founded

2013

Overview

Xometry Europe runs an AI-powered digital marketplace connecting engineers, procurement teams, and business leaders with a global network of over 10,000 vetted suppliers to manufacture custom parts, covering rapid prototyping to high-volume production with 16+ technologies and 130+ materials. The platform provides instant quotes, scalable production options, and target pricing, helping simplify sourcing with ISO-certified quality and dedicated account support; European HQ is in Munich. How it works: customers submit part requirements, the AI matches them with qualified suppliers, and users receive fast pricing and lead times, then compare options, place orders, and manage procurement in one interface. Differentiators and goal include a large vetted network, AI-driven quoting, transparent pricing, broad technology and material coverage, a European focus, and a mission to streamline development, optimize procurement, and scale manufacturing with predictable costs.

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Simplify's Take

What believers are saying

  • Q1 2024 revenues grew 16% driven by marketplace and Teamspace enhancements.
  • Google Cloud Vertex AI partnership boosts instant quoting accuracy.
  • Sustainability focus ensures CBAM compliance and emission reductions.

What critics are saying

  • Protolabs undercuts pricing on high-volume injection molding within 6-12 months.
  • Fictiv's EU network captures 25% more CNC contracts in 12-18 months.
  • CBAM Phase 2 adds 15-20% costs to non-EU suppliers in 3-6 months.

What makes Xometry Europe unique

  • Xometry Europe launched Teamspace in September 2024 for enterprise high-volume project management.
  • Instant Quoting Engine supports multiple CAD uploads for robotics with 200+ materials.
  • New tools enable quoting assemblies, welding for complex EU manufacturing projects.

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Benefits

Remote Work Options

Flexible Work Hours

Wellness Program

Performance Bonus

Company Equity

Company News

DailyCADCAM
Sep 20th, 2024
Xometry Europe Releases New Tools to Quote, Order Mid, High-Volume Manufacturing Projects

For customers in North America, Xometry recently unveiled Teamspace, a centralized project management software for large, mission-critical projects.

Stock Titan
Sep 17th, 2024
Xometry Europe Gives Enterprise Customers More Options To Quote And Manage Complex, High-Volume Projects

Xometry Europe has introduced a new suite of tools for enterprise customers to manage complex, high-volume manufacturing projects.

VoxelMatters
May 16th, 2024
Xometry revenues grow by 16% in Q1 2024 driven by marketplace

During the first quarter of 2024, Xometry introduced enhanced features for its Teamspace enterprise collaboration software, which facilitates better collaboration and order management for procurement teams.

Investing.com
Nov 10th, 2023
Earnings call: Xometry Reports Record Q3 Results, Launches Teamspace, and Partners with Google Cloud

Xometry also announced the launch of Teamspace, a collaboration tool, and a partnership with Google (NASDAQ: GOOGL ) Cloud to leverage Vertex (NASDAQ: VRTX ) AI for instant quoting on its marketplace.

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