Material Exchange

Smarter sourcing starts with Frank

Stockholm, Sweden · Founded 2019

Headquarters
Stockholm
Employees
11–50
Founded
2019
Business Model
B2B
Last Round
Series BApr 2022
Rounds
3

About

Material Exchange is an AI-driven digital sourcing platform for the apparel and footwear industry that enables brands to discover, evaluate, and connect with material suppliers worldwide. The platform digitizes material libraries and supply chain workflows, helping sourcing and design teams collaborate efficiently and reduce time-to-market. Headquartered in Stockholm, Sweden, Material Exchange works directly with leading global retail brands to analyze, optimize, and digitize their material sourcing processes.

Summary

Material Exchange is a Data & Analytics company based in Stockholm, Sweden, founded in 2019. Its most recent funding was a Series B round in Apr 2022. Investors include Inventure, Partech and Norrsken VC.

Tech & App Stack

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Funding History

Series BSeries BApr 2022

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Seed through Series B — per-round amounts, valuations, and who invested in each round.

Investors

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