Field Materials logo — Leading AI platform for contractors to control and verify sp...

Field Materials

Leading AI platform for contractors to control and verify spending

Founded 2022 United States San Jose, United States 25 employees Series A Total: $8.15M AI, Construction

General Information

Company Name Field Materials
Founded Year 2022
Location United States San Jose, United States +1
Employees 25
Industries AI, Construction
Funding Stage Series A
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About Field Materials

Field Materials is positioned as a transformative force in the AI and Construction industries with its innovative platform designed for contractors. The company's offering focuses on streamlining procurement processes, effectively reducing costs by 5-10% through automated error detection in billing. With its web and mobile applications, Field Materials eliminates the need for manual data entry in quotes, invoices, and receipts, enhancing operational efficiency for users.

Founded in 2022 by seasoned entrepreneurs with proven exit histories, Field Materials is headquartered in the United States. The startup has garnered support from reputed backers, including Blumberg Capital and others, receiving a noteworthy $3.50M Seed Round investment as of June 2024. This round attracted a diverse group of investors, such as Navitas Capital, DivcoWest, and Flyer One Ventures, highlighting strong confidence from both industry veterans and strategic investors.

Taxonomy: AI procurement platform, construction industry, material purchasing, equipment rentals, web and mobile apps, billing error identification, venture capital funding, startup, technology, entrepreneurship

Services & Products

Platform
Quotes
Purchase Orders
Delivery Records
Invoices
Receipts
Inventory Management
Procurement by Role

Target Customers

Mechanical Contractors Electrical Contractors Framers and Drywall Contractors Civil Contractors Material suppliers Construction project managers Equipment managers AP administrators Project administrators Financial controllers

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 7
Investor Investor Investor Investor Investor Investor Investor
04 Jun 2024
Seed Round •••••• 1
Investor
12 Jun 2023
Seed Round •••••• 2
Investor Investor
06 Apr 2023

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FAQ About Field Materials

Leading AI platform for contractors to control and verify spending
Field Materials was founded in 2022.
Field Materials is headquartered in San Jose, United States.
Field Materials operates in the following industries: AI, Construction.
Field Materials has approximately 25 employees.
Field Materials has completed 3 funding rounds, raising a total of $8.15M. The latest funding stage is Series A.
Field Materials offers: Platform, Quotes, Purchase Orders, Delivery Records, Invoices, Receipts, Inventory Management, Procurement by Role, Procurement for Vendors, Integrations, Partner Network.
Top alternatives and competitors to Field Materials include Brain of Materials, Calumet Lift Truck, 3D Matter, Kinetic Technologies, Inc., Maybury Material Handling. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Field Materials and Brain of Materials 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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