GLOBAL NEWS

Xometry, the On-Demand Manufacturing Marketplace, Files For $100 Million IPO

Rapid 3D Printing News
Above: Xometry CEO Randy Altschuler/Image Credit: Xometry

Xometry, Inc., a leading AI-enabled marketplace for on-demand manufacturing, announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of shares of its Class A common stock.

Xometry intends to list its Class A common stock on The Nasdaq Global Select Market under the symbol “XMTR.”

Goldman Sachs & Co. LLC, J.P. Morgan and UBS Investment Bank will act as joint lead book-running managers and as representatives of the underwriters for the proposed offering. Citigroup, BofA Securities, William Blair and RBC Capital Markets will also act as book-running managers.

Xometry – On-Demand Manufacturing

on-demand manufacturing
Above: Xometry is an On-Demand Manufacturing Marketplace/Image Source: Xometry

Xometry is an on-demand manufacturing company that offers rapid production through 3D Printing, CNC Machining and Injection Moulding technologies. Till date, Xometry has raised $193 million from various investors including ArrowMark Partners, Robert Bosch Venture Capital, BMW i Ventures, Greenspring Associates, Foundry Group, Dell Technologies Capital, etc.

It offers an instant quotation tool that allows users to upload their CAD models to find out how much it will cost them to make the parts. It deliver digitalisation of manufacturing.

The proposed offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus relating to the proposed offering may be obtained for free from Goldman Sachs & Co. LLC, Attention, J.P. Morgan Securities LLC, and UBS Securities LLC.

A registration statement on Form S-1 relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.


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