Asset Manager

Updated:

Xometry

Xometry began operations in 2013; co-founder Randy Altschuler served as CEO through mid-2024.

Xometry

Xometry began operations in 2013; co-founder Randy Altschuler served as CEO through mid-2024. The company is a public entity (NASDAQ: XMTR), not a family office — the capital it deploys is corporate and venture-backed, not private-family wealth. Public filings list a market capitalization of approximately $1.5B as of mid-2026. The firm operates an AI-driven quoting engine covering CNC milling (3/4/5-axis), CNC turning, sheet metal fabrication, laser cutting, wire EDM, injection molding, and SLS 3D printing. Clients range from startups to defense contractors; named project references include Intuitive Machines (per the firm) and Sea Box. Geographic reach is North America and Europe, with an EU office phone number listed for Germany. Xometry employs several hundred people, primarily in Gaithersburg, Maryland. In 2024, Randy Altschuler exited the CEO role and was succeeded by a new CEO (per the firm). The board includes Lukas Biewald (appointed 2025). The firm maintains a supplier partner network and an Enterprise Solutions unit. As a public marketplace, Xometry’s structural differentiator is its algorithm-driven instant quoting — a model that contrasts with traditional contract manufacturing brokers. The company’s financials and ownership are transparent via SEC filings, not set up as a protected family-office entity.

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Gaithersburg

Corporate office

Gaithersburg, MD, United States

Principals

Randy Altschuler

Co-Founder

Sector focus

IndustrialsEnterprise SoftwareAI/MLManufacturing

Frequently asked questions

Is Xometry a family office or an asset manager?

Xometry is a publicly traded manufacturing marketplace (NASDAQ: XMTR), not a family office or asset manager. The page request misapplies Altss's family-office profile schema.

Who runs investment decisions at Xometry?

As a public company, investment decisions are made by the board of directors and management. CEO succession occurred in 2024 when co-founder Randy Altschuler exited the CEO post (per the firm).

How does Xometry source proprietary deal flow?

Xometry does not source investment deal flow; it runs a two-sided marketplace connecting buyers (from startups to defense contractors) with manufacturing suppliers. It uses AI and data to match orders to capacity.

What investment stages does Xometry target?

Xometry does not invest in companies; it serves manufacturing needs from prototype through high-volume production. The firm's own growth stages have included venture funding and a 2021 IPO.

Which sectors does Xometry explicitly avoid?

Xometry does not explicitly avoid manufacturing sectors; its materials and processes cover metals and plastics for industries including aerospace, defense, medical, automotive, and industrial.

How is Xometry related to Thomas?

Xometry acquired Thomas (a sourcing and supplier-discovery platform) in 2021. The firm references Thomas in its content, noting it 'quietly powers America’s manufacturing revival' (per Xometry's site).

Does Xometry maintain philanthropic structures?

No separate philanthropic foundation is disclosed on Xometry's public website or in SEC filings related to the corporate entity.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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