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Metalbook raises $15 Mn in Series A round

Feb 15, 2024almost 2 years ago

Amount Raised

$15 Million

Round Type

series a

GurgaonFabricated Metal Products

Investors

Trifecta CapitalStride VenturesFoundamentalAxilor VenturesFj LabsRigel Capital

Description

Metalbook has raised $15 million in its Series A funding round led by Rigel Capital, with participation from FJ Labs, as well as existing investors, Axilor Ventures, Foundamental, Stride Ventures, Trifecta Capital, and others. The company is poised to deepen its impact on the manufacturing and infrastructure supply chains, metal sourcing, logistics, and financing solutions for large-scale global projects.

Company Information

Company

Metalbook

Location

Gurgaon, Haryana, India

About

Metalbook is a Full-stack Digital Supply-Chain platform that provides Fabrication and Inventory solutions at the best prices in the market for Iron and Steel related finished and semi-finished goods. Our trusted and established PAN-India supplier and logistics network enables the unnecessary markup layers to be eliminated from the ecosystem providing the best value to the customer at monetary and service levels, ensuring complete customer satisfaction and experience.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech