Xometry Inc. (NASDAQ: XMTR) priced an underwritten public offering of 2,647,059 shares of Class A common stock at $85.00 per share, generating gross proceeds of approximately $225.0 million, according to a company statement.

The AI-native manufacturing marketplace granted underwriters a 30-day option to purchase up to an additional 397,058 shares at the public offering price, less underwriting discounts and commissions. The offering is expected to close on June 3, 2026, subject to customary closing conditions.

The North Bethesda, Maryland-based company plans to use net proceeds for working capital and general corporate purposes. All shares in the offering are being sold by Xometry.

J.P. Morgan and Goldman Sachs & Co. LLC are serving as joint book-running managers for the offering. William Blair, Citizens Capital Markets and Cantor are also acting as book-running managers, while Craig-Hallum is serving as co-manager.

The offering is being conducted under a shelf registration statement on Form S-3 filed with the Securities and Exchange Commission on June 1, 2026, which became automatically effective upon filing.

Xometry operates an AI-native marketplace that connects buyers and suppliers of custom manufacturing services. The company also owns the Thomasnet industrial sourcing platform and provides cloud-based manufacturing services.