Fundz

Construction Supply Platform Zippmat Raises $10 Million In Funding Led By Matrix Partners India

PRIVATESep 08, 2022

Amount Raised

$10 Million

Round Type

Funding Round

BengaluruSupply Chain ManagementConstructionLogistics

Description

ZippMat, a service platform for construction supply chain, has raised $10 million in an equity and debt round led by Matrix Partners India.

Quick answer

ZippMat raised $10 Million in a Funding Round round, dated September 8, 2022. ZippMat is based in Bengaluru, Karnataka, India.

How much did ZippMat raise?
ZippMat raised $10 Million in a Funding Round round on September 8, 2022.
What does ZippMat do?
The Bengaluru-based startup will utilise the latest funds to scale up its user base, digitise the supply chain, bring in product innovation, and expand its team from the current 25 people.
Where is ZippMat based and how big is it?
ZippMat is based in Bengaluru, Karnataka, India.

Source: Fundz verified event record.

Who else raised in Supply Chain Management and Construction around the same time

Companies in the same sectors as ZippMat that raised within 45 days of this round, from Fundz verified event records.

  • Sheer Logistics raised an undisclosed amount on October 7, 2022.
  • Kenco raised an undisclosed amount (Funding Round) on October 6, 2022.
  • Cargobase raised an undisclosed amount (Funding Round) on September 20, 2022.
  • Boa Logistics raised an undisclosed amount on September 8, 2022.
  • Expedock raised $14M (Series A) on August 10, 2022.
  • Sensat raised $22M (Series B) on October 21, 2022.

Who to call at ZippMat, and when

A new round usually means ZippMat is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

ZippMat

Location

Bengaluru, Karnataka, India

About

The Bengaluru-based startup will utilise the latest funds to scale up its user base, digitise the supply chain, bring in product innovation, and expand its team from the current 25 people. The startup, founded in 2021 by Kudva and Nandeesh Hasbi, simplifies material procurement for engineering and construction companies by leveraging its supplier and logistics network. Hasbi, cofounder and chief business officer, added, “We want ZippMat to be a digital assistant for all contractors and suppliers to streamline and simplify their procurement processes.

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ZippMat raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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