Acquisition Expansion Material Exchange has been actively acquiring companies in the fashion industry, such as The Textile Institute, Overseas Textile Service, and Studio MV. This signals potential collaboration opportunities with brands associated with these acquired companies.
Marketplace Launches The launch of new services like the Deadstock Depot marketplace and the Open Marketplace provides sales opportunities for Material Exchange to engage with brands looking to reduce waste and adopt sustainable sourcing practices in the fashion industry.
Funding Boost With a recent Series A funding of $26.5M, Material Exchange is in a strong financial position to expand its operations and potentially invest in innovative solutions. This could attract new potential clients interested in cutting-edge sourcing platforms.
Experienced Leadership Having Andrew Olah, CEO of Olah Inc., join as CEO and advisory board member brings valuable industry experience to Material Exchange. This leadership addition can enhance credibility and open doors for partnerships with Olah Inc. and other industry players.
Next-Gen Sourcing Platform The launch of Material Exchange's digital Marketplace as a next-gen sourcing platform tailored for footwear and apparel industry offers a competitive edge. This platform innovation can attract brands seeking more efficient and sustainable sourcing solutions.
Material Exchange uses 8 technology products and services including Power BI, MongoDB, jQuery Migrate, and more. Explore Material Exchange's tech stack below.
| Material Exchange Email Formats | Percentage |
| First.Last@material-exchange.com | 85% |
| First.Middle@material-exchange.com | 5% |
| First@material-exchange.com | 6% |
| First.Middle.Last@material-exchange.com | 4% |
Technology, Information and InternetStockholm, Sweden51-200 Employees
Material Exchange is simplifying sourcing for the fashion industry, making it easy for brands to find the materials they need for their next best-selling collections and for suppliers to showcase their products more effectively to those brands. Visit our website to experience it for yourself.
Funding & FinancialsMaterial Exchange has raised a total of $27M of funding over 5 rounds. Their latest funding round was raised on Apr 12, 2022 in the amount of $27M.
Material Exchange's revenue is in the range of $10M$50M
Funding & FinancialsMaterial Exchange has raised a total of $27M of funding over 5 rounds. Their latest funding round was raised on Apr 12, 2022 in the amount of $27M.
Material Exchange's revenue is in the range of $10M$50M
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