Xometry raises $8.8M

What does Xometry do?

Xometry, is a next gen advanced manufacturing company. It is changing the shape of manufacturing. It provides manufacturing and expert support on demand with instant quoting and live engineering assistance. Now companies of every size have access to the latest engineering technologies. The company backed by Highland Capital Partners and other venture investors, provides the next gen of advanced manufacturing solutions. It integrates professional CNC machining, 3D printing and proprietary technology for building prototypes and parts on demand. Their web interface helps companies of all sizes, from Fortune 100 companies to start ups to go online, upload a 3D CAD file and get automated instant quotes for their parts.

When manufacturing in small quantities, consumers not only want their product quickly but they would also want to know how much they are going to cost. The company’s online interface very effectively acts as a custom manufacturing hub. Through the company’s site customers can manage, price and order their parts online and get a live engineering assistance for making apt manufacturing decisions.

How much Xometry was funded?

Xometry raised $8.8 M in Venture funding on November 5^th, 2015 from Highland Capital Partners and other existing investors.

What is next for Xometry?

Xometry plans to use the funding raised for fuelling its ongoing research and development efforts and bringing its best in class, proprietary software to new markets and clients. As part of the funding, Sean Dalton of Highland Capital Partners will join the company’s Board of Directors. Dalton has extensive experience in guiding and growing technology companies.

More about Xometry

Xometry was founded in October, 2013. It has its headquarters in Gaithersburg, Maryland. The company’s mission is bringing manufacturing back to USA by using software for building a robust and scalable manufacturing program. The company employs a machine learning approach to offers its customers the best manufacturing solution at the best price.