BLK logo — The marketplace for commodities and raw materials - source c...

BLK

The marketplace for commodities and raw materials - source cheaper, global, direct.

Founded 2018 United Kingdom Glasgow, United Kingdom 25 employees Seed Total: $425.00K E-Commerce, Information Technology +5

General Information

Company Name BLK
Founded Year 2018
Location United Kingdom Glasgow, United Kingdom +1
Founders / Decision Makers
Team member
Employees 25
Industries E-Commerce, Information Technology, Internet +4
Funding Stage Seed
Social

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About BLK

BLK, founded in 2018 and headquartered in the United Kingdom, is emerging as a transformative force in the trading and logistics sector, with a focus on the disruption of traditional procurement processes.

BLK offers a unique value proposition through its slogan: "The marketplace for commodities and raw materials - source cheaper, global, direct." The company has crafted an online spot market platform that empowers businesses to connect directly with producers, significantly reducing procurement costs by an estimated 250%.

A key feature of the platform includes the BLK RATING system, which evaluates Quality, Cost, and Service Delivery to provide actionable insights for businesses aiming to optimize their market positioning. Additionally, BLK aggregates the purchasing power of numerous companies across the UK and Italy to negotiate better deals with suppliers.

Recently, BLK secured a $300.00K Seed Round investment on 13 January 2023, led by investor Danish Mustafa. This funding is expected to accelerate their mission in reshaping supply chains and enhancing sustainability through innovative approaches, including carbon trading initiatives. With strategic industry positioning across E-Commerce, Information Technology, and Logistics, BLK is well-prepared for its next growth phase.

Taxonomy: commodities marketplace, raw materials trading, online spot market, e-procurement, carbon footprint reduction, carbon credit trading, buying direct sourcing, supplier negotiation, logistics solutions, procurement cost reduction, quality rating system, service delivery evaluation, aggregated purchasing power, decarbonization initiatives

Services & Products

Marketplace for raw materials
Shipping and delivery logistics
Supply chain management
Commodity trading platform
Advisory services for trading

Target Customers

Industrial buyers Construction companies Agricultural producers Chemical manufacturers Shipping and logistics firms

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 1 •••• •••• 13 Jan 2023
Pre Seed Round •••••• 1 •••• •••• 07 Jan 2021

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FAQ About BLK

The marketplace for commodities and raw materials - source cheaper, global, direct.
BLK was founded in 2018.
BLK is headquartered in Glasgow, United Kingdom.
BLK operates in the following industries: E-Commerce, Information Technology, Internet, Marketplaces, Supply Chain, Trading Platform, Logistics and Delivery.
BLK has approximately 25 employees.
BLK has completed 2 funding rounds, raising a total of $425.00K. The latest funding stage is Seed.
BLK offers: Marketplace for raw materials, Shipping and delivery logistics, Supply chain management, Commodity trading platform, Advisory services for trading.
Top alternatives and competitors to BLK include Marketboomer, AREA42, Fluid, Quartix, DepoDone. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
BLK and Marketboomer are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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