The startup currently works with 500 manufacturing companies
Manufacturing in the U.S., on a downward trajectory for decades, has taken a nosedive since 2000.
Improving technology and automation have played a big part. Xometry flips that by using software to put more, smaller manufacturing companies to work. That’s also the vision of “The Next Product Revolution,” an initiative of the G7.
Maryland-based Xometry wants to be the “Amazon for manufacturing” and already helps 500 manufacturers connect with clients. Two of its former customers see the value: BMW i Ventures just led a $15 million raise for the company (with participation from existing investors GE Ventures and Highland Capital Partners) after GE led a $7 million raise in February.
Xometry currently works with 500 manufacturing companies.
More than 12 million Americans depend on manufacturing for their livelihoods.