Material Exchange logo — Sourcing made simple

Material Exchange

Sourcing made simple

Founded 2017 Sweden Sweden 77 employees Series A Total: $32.20M Supply Chain

General Information

Company Name Material Exchange
Founded Year 2017
Location Sweden Sweden +7
Employees 77
Industries Supply Chain
Funding Stage Series A

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About Material Exchange

Material Exchange, founded in 2017 and headquartered in Sweden, is a company that is revolutionizing the fashion industry's sourcing process with its slogan "Sourcing made simple." This innovative platform facilitates efficient collaboration between brands and suppliers, streamlining the search for high-quality materials essential for creating outstanding collections. Recently, the company secured a substantial €25.00M Series A investment on 12 April 2022, backed by a consortium of prominent investors including Day One Capital, Lyra Ventures, Molten Ventures, Norrsken VC, Inventure, and Partech. With its focus on Supply Chain solutions, Material Exchange is poised for impressive growth and continued success in transforming the fashion industry's sourcing landscape. For a firsthand experience of its impact, interested parties are encouraged to explore the company's offerings on its website.

Taxonomy: fashion industry sourcing, digital sourcing platform, material showcase, one-stop shop, fashion technology, material discovery, material exchange, footwear sourcing, apparel sourcing, sustainable materials, digitalization, fashion supply chain

Services & Products

Simplifying sourcing
Material showcasing
Brand-supplier connection facilitation

Target Customers

Fashion brands Textile suppliers Garment manufacturers

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 6
Investor Investor Investor Investor Investor
•••• ••••
12 Apr 2022
Venture Round •••••• 4
Investor Investor Investor
•••• ••••
26 Nov 2020
Seed Round •••••• 1
Investor
19 Nov 2019
Pre Seed Round •••••• - 30 Mar 2018
Pre Seed Round •••••• - 01 May 2017

Material Exchange Alternatives & Competitors

Material Exchange vs
Delvify
Delvify United Kingdom

Fashion Tech for a Better Tomorrow, Today

18 employees
AI, Fashion
Material Exchange vs

Your Fashion Supplies Store. Source fabrics, buttons, beads, laces, trims and more for Sampling & Pr...

27 employees
B2B, E-Commerce
Material Exchange vs
Sqetch
Sqetch Germany

Sqetch connects fashion brands and manufacturers to make clothing. Brands create a project, manufact...

Unknown
3 employees
B2B, Consumer Goods

FAQ About Material Exchange

Sourcing made simple
Material Exchange was founded in 2017.
Material Exchange is headquartered in Sweden.
Material Exchange operates in the following industries: Supply Chain.
Material Exchange has approximately 77 employees.
Material Exchange has completed 5 funding rounds, raising a total of $32.20M. The latest funding stage is Series A.
Material Exchange offers: Simplifying sourcing, Material showcasing, Brand-supplier connection facilitation.
Top alternatives and competitors to Material Exchange include Delvify, The Design Cart, Sqetch, Frutteto, Frontier.cool. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Material Exchange and Delvify 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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