Material Bank® is a groundbreaking retail startup founded in 2018 that has revolutionized the way architects and designers search for and sample design materials. This innovative platform allows users to execute complex searches across hundreds of brands in mere seconds, streamlining the process of finding and ordering all material samples in one place. What sets Material Bank apart is its commitment to sustainability, as samples ordered by midnight (ET) are shipped carbon neutral in a single box and delivered by 10:30 AM the next day. This approach to sampling not only saves time but also mitigates environmental impact, marking a significant leap forward for the industry. Material Bank has garnered significant attention from investors, with its most recent Series D investment totaling a staggering $175.00M and taking place on 05 May 2022. The impressive list of backing investors includes 9Yards Capital, Bain Capital Ventures, Fifth Wall, Raine Ventures, Bond Capital, Brookfield, Durable Capital Partners, Echo Street, LeadEdge, and RXR Realty. With its sharp focus on innovation, efficiency, and sustainability, Material Bank is poised for continued success in the retail industry.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series D | $175.00M | 10 |
|
05 May 2022 |
| Series A | Unknown | 1 | Shane Neman | 12 Nov 2021 |
| Series C | $100.00M | 9 |
|
06 May 2021 |
| Series B | $28.00M | 3 |
|
30 Apr 2020 |
| Series A | $20.20M | 2 |
|
10 Apr 2019 |
No recent news or press coverage available for Material Bank®.
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