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Vanilla Steel logo — Your Smart Assistant for Sourcing & Selling Steel.

Vanilla Steel

Your Smart Assistant for Sourcing & Selling Steel.

Founded 2020 Germany Berlin, Germany 28 employees Seed Total: $4.00M Information Technology, Manufacturing +1

General Information

Company Name Vanilla Steel
Founded Year 2020
Location Germany Berlin, Germany
Employees 28
Industries Information Technology, Manufacturing, Construction
Funding Stage Seed
Social

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About Vanilla Steel

Vanilla Steel is a company focused on simplifying metal trading, positioning itself as the market leader for hassle-free metal trading. Founded in 2020 and headquartered in Germany, Vanilla Steel offers tailored offers and material lists for excess and prime metals, aiming to unlock the full potential of the European steel market. The company operates as a single trading partner, allowing access to a network of 500+ suppliers and 3000+ buyers across Europe. Vanilla Steel has received significant support, being co-funded by the European Union and recently securing a $4.00M investment in a Seed Round led by MSM, June Fund, and Seedcamp in 15 July 2021. Notably, the company is also working on Smart Forecaster, an AI-based price and demand forecasting algorithm for steel, representing its commitment to innovation in the industry. This combination of industry expertise and support from the EU and prominent investors positions Vanilla Steel as a promising player in the Information Technology, Manufacturing, and Construction sectors, with significant potential for growth and impact in the market.

Business keywords: European Marketplace, Steel Industry, Digital Procurement, Excess Material, Online Trading Platform, Inventory Management, Tech Entrepreneurship, Digital Experience, Berlin-based Startup, Industrial Materials, Sales Automation, Material Sourcing, Stainless Steel, EMEA Market, Supply Chain Digitization

Funding Rounds & Investors (2)

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Funding Stage Amount Investors Lead Investors Date
Seed Round $4.00M 3
MSM June Fund Seedcamp
MSM, June Fund +1
15 Jul 2021
Non Equity Assistance Undisclosed 1
Google for Startups
04 Jun 2021

Latest News

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Finmid raises $24.7M to help SMBs access loans through platforms like Wolt — Techcrunch
Finmid raises $24.7M to help SMBs access loans through platforms like Wolt
Techcrunch Apr 16, 2024

Vanilla Steel Alternatives & Competitors

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Vanilla Steel vs
Coteaqui
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FAQ About Vanilla Steel

Your Smart Assistant for Sourcing & Selling Steel.
Vanilla Steel was founded in 2020.
Vanilla Steel is headquartered in Berlin, Germany.
Vanilla Steel operates in Information Technology, Manufacturing and Construction. Its work centres on European Marketplace, Steel Industry, Digital Procurement and Excess Material.
Vanilla Steel has approximately 28 employees.
Vanilla Steel has completed 2 funding rounds, raising a total of $4.00M. The latest funding stage is Seed.
Top alternatives and competitors to Vanilla Steel include BuildHop, Bundle, Coteaqui, Bildia, Roobeo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Vanilla Steel and BuildHop 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.

Source: BounceWatch company record for Vanilla Steel, https://bouncewatch.com/company/vanilla-steel, updated 29 December 2024. When citing, please name BounceWatch and link this page.

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