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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Material Bank®, founded in the United States, is a technology and logistics company that serves as a marketplace for design professionals and brands within the architecture and design industry. Its core mission is to streamline the process of discovering and sampling materials, offering a fast and efficient way for users to access a wide range of products. The platform allows architects and interior designers to order samples from hundreds of leading brands, with the promise of free overnight delivery for orders placed by midnight.
Notable figures associated with Material Bank include its founder, Adam I. Sandow, who has a strong background in media and design. The company has attracted significant investment from prominent venture capital firms, contributing to its rapid growth and expansion. Key achievements include revolutionizing the material sampling process in the design industry and establishing partnerships with numerous top-tier brands. Material Bank's impact is evident in its ability to save time and resources for design professionals, enhancing efficiency and creativity in their projects.
Operating Status
Active
Ownership Type(s)
Venture Capital, Private Equity
Main Product(s)
Material Samples
Technology
Logistics
Tags
SaaS, Marketplace
Model Types
eCommerce, Platform
Revenue Type(s)
Transactional
Customer Type(s)
Enterprise, Small Business
Geographic Exposure
United States
When was Material Bank founded?
Material Bank was founded in 2018.
Where is Material Bank’s headquarters located?
Material Bank’s headquarters is located in Miami, FL, US.
When was Material Bank’s last funding round?
Material Bank’s most recent funding round was for $175M (USD) in May 2022.
How many employees does Material Bank have?
Material Bank has 282 employees as of Feb 4, 2024.
How much has Material Bank raised to-date?
As of July 05, 2023, Material Bank has raised a total of $323.2M (USD) since May 5, 2022.
Add Comparison
Total Raised to Date
$323.2M
USD
Last Update May 5, 2022
Last Deal Details
$175M
USD
May 5, 2022
Series D
Total Employees Over Time
282
As of Feb 2024
Material Bank Address
Miami,
Florida
33130
United States
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts