Xometry closed $75M Series E round
September 10, 2020
Xometry, an online marketplace where companies can find manufacturers across the world with excess capacity to build whatever they need, announced a $75M Series E investment to keep expanding the platform.
T. Rowe Price Associates led the investment, with participation from new firms Durable Capital Partners LP and ArrowMark Partners. Previous investors also joined the round, including BMW iVentures, Greenspring Associates, Dell Technologies Capital, Robert Bosch Venture Capital, Foundry Group, Highland Capital Partners and Almaz Capital. Today’s investment brings the total raised to $193M.
Xometry has relationships with 5,000 manufacturers located throughout the world and 30,000 customers using the platform to build the parts they need. The company currently has around 350 employees, with plans to use the money to add more to keep enhancing the platform.