XMTR XOMETRY INC

Xometry Integrates Teamspace Collaboration Tool Into Its AI-Powered Marketplace

Xometry Integrates Teamspace Collaboration Tool Into Its AI-Powered Marketplace

  • The Integrated Cloud-Based Centralized Project Management Software Provides Real-Time Project Visibility For Large, Mission-Critical Projects
  • Seamless And Limitless Collaboration On Quote And Order Management, As Well As Data-Driven Decision-Making
  • Built From The Ground Up With Direct Input From High-Volume Customers

NORTH BETHESDA, Md., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today integrated Xometry Teamspace into its AI-powered marketplace. The cloud-based centralized project management software provides project managers and supply chain executives with real-time project visibility, seamless and limitless collaboration on large, mission-critical projects.

Previously in beta with major organizations, including a prominent e-commerce company, a global construction equipment manufacturer and a leading federally funded national research organization, Teamspace helps enterprise companies create resilient supply chains and get their critical projects to market faster. The integrated cloud-based software streamlines what was once an unwieldy process, pulling together the right decision-makers, providing a single window into operations and fostering collaboration on important projects, from custom-part orders to high-volume production runs.

“We’ve built Teamspace from the ground-up with direct input from a number of our largest high-volume customers over the last several months, and their response to this new offering has been enthusiastic,” said Brendan Sterne, Chief Product Officer at Xometry. “Their feedback has allowed us to create a powerful tool that helps our customers streamline their operations, simplify workflows and fortify their local supply chains for their most important projects.”

Among its many features, Teamspace dramatically simplifies quote and order management and drives data-driven decision-making. With Teamspace, users can create an unlimited number of seats per team, invite colleagues from outside of their company, check the status of orders in real-time, easily search by purchase order, part number, quoter and more. For more information, please visit .

Xometry’s two-sided marketplace is playing a vital role in the rapid digital transformation of the manufacturing industry, connecting enterprise buyers with manufacturers who build the big ideas that fuel the global economy. Xometry’s proprietary technology shortens development cycles, drives efficiencies within corporate environments and helps stabilize supply chains to make them more resilient. Xometry’s product portfolio includes its industry leading digital marketplace, popular Thomasnet.com industrial sourcing platform and cloud-based tools, including Workcenter, a manufacturing execution system that helps small and medium manufacturers digitize every aspect of their shop.

About Xometry

Xometry’s (NASDAQ:XMTR) AI-powered marketplace, popular Thomasnet industrial sourcing platform and suite of cloud-based services are rapidly digitizing the $2.4 trillion manufacturing industry. Xometry provides manufacturers the critical resources they need to grow their business and makes it easy for buyers to access global manufacturing capacity and create locally resilient supply chains. The Xometry Instant Quoting Engine® leverages millions of pieces of data to quickly and effectively analyze complex parts in real-time, match buyers with the right suppliers globally and provide accurate pricing and lead times. Through its extensible marketplace, Xometry continuously scales its offerings, delivering an ever-expanding menu of manufacturing capabilities. Learn more at or follow @xometry.

Media Contacts:

Matthew Hutchison

VP, Global Corporate Communications



IllumePR for Xometry

Investor Contact:

Shawn Milne

VP, Investor Relations

240-335-8132



EN
24/10/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on XOMETRY INC

 PRESS RELEASE

Xometry to Participate in Upcoming Investor Conferences

Xometry to Participate in Upcoming Investor Conferences NORTH BETHESDA, Md., May 08, 2025 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ:XMTR), the global AI-powered marketplace digitizing manufacturing and driving greater supply chain resiliency, today announced that management will attend the following investor events: 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference, May 14, in Boston, including a fireside chat at 3:00 p.m. ET22nd Annual Craig-Hallum Institutional Investor Conference, May 28, in Minneapolis45th Annual William Blair Growth Stock Conference, Jun...

 PRESS RELEASE

Xometry Reports First Quarter 2025 Results

Xometry Reports First Quarter 2025 Results Q1 revenue increased 23% year-over-year to a record $151 million driven by robust marketplace growth.Q1 marketplace revenue increased 27% year-over-year, a 700 basis point acceleration from Q4 2024, driven by strong U.S. enterprise growth.Q1 gross profit increased 18% year-over-year to $56.3 million.Q1 marketplace gross profit increased 26% year-over-year.Q1 Adjusted EBITDA improved $7.5 million year-over-year to Adjusted EBITDA of $0.1 million.2025 growth initiatives include: expanding buyer and supplier networks; driving deeper enterprise engagem...

 PRESS RELEASE

Xometry to Announce First Quarter 2025 Financial Results on May 6, 202...

Xometry to Announce First Quarter 2025 Financial Results on May 6, 2025 NORTH BETHESDA, Md., April 22, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: XMTR), the global AI-powered marketplace digitizing manufacturing and driving greater supply chain resiliency, today announced it will report its first quarter 2025 financial results before the market opens on Tuesday, May 6, 2025. Xometry will host its conference call and webcast to discuss the results at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time) that day. In addition to its press release announcing its first quarter 2025 financial results, Xome...

 PRESS RELEASE

Xometry’s Marketplace Has Generated Nearly $1 Billion In Revenue For A...

Xometry’s Marketplace Has Generated Nearly $1 Billion In Revenue For America’s Small- And Medium Manufacturers From Local Shops to Global Reach: Xometry Helps Manufacturers Thrive And Grow, Reaching New Customers, Reinvesting In Their Business And Attracting Top TalentThe Company’s Annual “Excellence In Manufacturing” Awards Honors U.S. Manufacturers Who Deliver Exceptional QualityWisconsin-Based JR Metal Works, A Multi-Year Winner, Describes Xometry As A “Horsepower Multiplier” For His Business NORTH BETHESDA, Md., April 17, 2025 (GLOBE NEWSWIRE) -- Xometry (NASDAQ: XMTR), the global ...

 PRESS RELEASE

The Italian Trade Agency’s Machines Italia Project Leverages Xometry’s...

The Italian Trade Agency’s Machines Italia Project Leverages Xometry’s Extensive Thomas Platform To Elevate Visibility Of Italian Manufacturers With Physical Operations Across North America Machines Italia Debuts An “Italian Industrial Hub” On Thomasnet.com To Showcase 30 Leading Italian Manufacturers That Have Key Operations In The U.S. & Canada, Offering Renowned Italian Quality In Automation, Robotics, Metalworking Services And MorePartnership Leverages Thomasnet’s Full Suite Of Promotional Tools, Including Thomasnet’s Popular Thomas Industry Update Newsletter Reaching 280,000 Industry P...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch