Xometry in the News in 2019

Read this news roundup to get the latest pulse on Xometry, a trailblazing force in digital manufacturing.

By Serena Ngoh · January 15, 2020

Top manufacturing publications and news outlets featured Xometry’s latest innovations, business moves, and effects on the manufacturing industry in 2019. Read this news roundup to get a pulse on Xometry, a trailblazing force in digital manufacturing.

  1. March 7, 2019: An article in The Fabricator outlines the benefits of Xometry’s AI-based quoting to “[help] build a fresh business model for metal fabrication.” When the jobs come to shops automatically through a job board, the tedium of creating quotes for customers who may not stick disappears. The result? A higher win-to-bid ratio for fabricators and more work to complete.
  2. April 1, 2019: Previously, Xometry’s marketplace manufacturing model has been named the “Uber of Manufacturing.” Recently, marketplace manufacturers like Xometry are similarly being deemed the “Amazon of Manufacturing” by Digital Engineering 24/7. Learn about how Xometry is changing the manufacturing landscape with a consolidated supply chain across the US.
  3. May 13, 2019: The Wall Street Journal shared the news of Xometry’s successful raise of $50 Million in a Series D funding round. CEO Randy Altschuler talked about using the funding to expand the network globally, offer new manufacturing capabilities, and enhance Xometry’s quoting and order management technology.
  4. June 27, 2019: An expert interview with Greg Paulsen in AMFG demonstrates that the Manufacturing-As-A-Service model is on the rise. Paulsen discussed how Xometry links buyers and sellers to provide clear benefits to each group like market-accurate manufacturing prices and greater job opportunities for geographically obscured partners.
  5. August 1, 2019: Forbes shared the news when Xometry finished a Series D round of funding in “How Manufacturing-As-A-Service Keeps The Economic Expansion Going: Xometry's New Partnerships,” noting that Xometry added valuable Bosch and Venture Capital and Dell Technologies Capital partners as well as a partnership with Alibaba to their B2B ecosystem.
  6. August 20, 2019: Forbes showcased Xometry as a company that’s Building the New Manufacturing Stack, which is crucial to increasing productivity stages from product design to part fulfillment. He cites Xometry’s effective use of “machine learning to accumulate a growing mountain of data about ‘best case’ costs and manufacturability for parts” as a major strength in this process.
  7. August 22, 2019: Product manufacturing information, or PMI, is the path forward for 3D printing efficiency, says Redshift by Autodesk in an article last year. An interview with Xometry’s Senior Product Manager, Ryan Kelly, dives into “automated, model-driven design for manufacturing” as a way to communicate crucial part specifications in manufacturing.
  8. October 8, 2019: Industry Week breaks down recent innovations in the world of Technology and IIOT, and, more specifically, lessons learned from applying AI. The article notes that Xometry is harnessing millions of data points to predict pricing for over 657 features.
  9. November 13, 2019: As part of its manufacturing services offering, Xometry provides engineering consultations for customers who need help designing manufacturable parts. The engineers who power this service include Supplier Quality Engineer Ranjani Ravikumar, whom Women in 3D Printing features as a highly skilled woman engineer in a field traditionally dominated by men.
  10. December 3, 2019: Tech Crunch featured spoke about Xometry’s acquisition of Shift, an on-demand manufacturing platform in Germany now known as Xometry Europe. The acquisition brings Xometry’s manufacturing network to 12 total countries.

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About Xometry

Xometry is your one-stop shop for manufacturing on demand. Xometry works with 32% of Fortune 100 companies, offering 24/7 access to instant pricing, expected lead times and manufacturability feedback. Xometry’s nationwide network of 4,000+ partner manufacturing facilities guarantees consistently fast lead times across a broad array of capabilities, including CNC Machining, 3D Printing, Sheet Metal, Metal Stamping, Die Casting, Extrusion, Urethane Casting, and Injection Molding.

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