Matium

About Matium

The startup offers material and transaction management software tailored for manufacturers, processors, and distributors in the plastics and fibers industries. Its platform enables users to efficiently manage materials and automate full truckload transactions with precise pricing and specifications, enhancing operational efficiency and decision-making.

```xml <problem> Manufacturers, processors, and distributors in the plastics and fibers industries face challenges in efficiently managing materials and executing transactions. Traditional methods often lack transparency in pricing and specifications, hindering operational efficiency and informed decision-making. </problem> <solution> Matium offers a supply chain network and material exchange platform designed to streamline material management and transactions for the plastics and fibers industries. The platform combines CRM, ERP, and TMS functionalities, providing a centralized solution for managing materials, connecting with other verified companies, and optimizing deals. Matium facilitates efficient communication, enables users to post material offers and requests, and provides tools for negotiating deals directly on the platform. The platform also offers features such as automated paperwork generation, smart insights based on material data, and carbon emission estimates for shipments. </solution> <features> - Customer Relationship Management (CRM) - Enterprise Resource Planning (ERP) - Transportation Management System (TMS) - Material marketplace with verified companies - Tools for posting material offers/requests and negotiating deals - Automated generation of POs, shipments, invoices, BOLs, and packing lists - Proprietary algorithm optimizes deals for material specs, pricing, and distance - Integration with Quickbooks - Real-time auction functionality </features> <target_audience> The primary target audience includes North American manufacturers, recyclers, traders, distributors, compounders, waste removal services, warehousing services, logistics providers, and service providers in the plastics and fibers industries. </target_audience> <revenue_model> Matium operates on a tiered subscription model, offering a free "Network" plan, a "Platform" plan at $99 per user per month, and a custom-priced "Enterprise" plan, as well as charging a 1% fee for auctions and reverse auctions. </revenue_model> ```

What does Matium do?

The startup offers material and transaction management software tailored for manufacturers, processors, and distributors in the plastics and fibers industries. Its platform enables users to efficiently manage materials and automate full truckload transactions with precise pricing and specifications, enhancing operational efficiency and decision-making.

Where is Matium located?

Matium is based in Arlington, United States.

When was Matium founded?

Matium was founded in 2021.

How much funding has Matium raised?

Matium has raised 2430000.

Location
Arlington, United States
Founded
2021
Funding
2430000
Employees
19 employees

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Matium

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Executive Summary

The startup offers material and transaction management software tailored for manufacturers, processors, and distributors in the plastics and fibers industries. Its platform enables users to efficiently manage materials and automate full truckload transactions with precise pricing and specifications, enhancing operational efficiency and decision-making.

matium.com2K+
cb
Crunchbase
Founded 2021Arlington, United States

Funding

$

Estimated Funding

$2M+

Team (15+)

No team information available.

Company Description

Problem

Manufacturers, processors, and distributors in the plastics and fibers industries face challenges in efficiently managing materials and executing transactions. Traditional methods often lack transparency in pricing and specifications, hindering operational efficiency and informed decision-making.

Solution

Matium offers a supply chain network and material exchange platform designed to streamline material management and transactions for the plastics and fibers industries. The platform combines CRM, ERP, and TMS functionalities, providing a centralized solution for managing materials, connecting with other verified companies, and optimizing deals. Matium facilitates efficient communication, enables users to post material offers and requests, and provides tools for negotiating deals directly on the platform. The platform also offers features such as automated paperwork generation, smart insights based on material data, and carbon emission estimates for shipments.

Features

Customer Relationship Management (CRM)

Enterprise Resource Planning (ERP)

Transportation Management System (TMS)

Material marketplace with verified companies

Tools for posting material offers/requests and negotiating deals

Automated generation of POs, shipments, invoices, BOLs, and packing lists

Proprietary algorithm optimizes deals for material specs, pricing, and distance

Integration with Quickbooks

Real-time auction functionality

Target Audience

The primary target audience includes North American manufacturers, recyclers, traders, distributors, compounders, waste removal services, warehousing services, logistics providers, and service providers in the plastics and fibers industries.

Revenue Model

Matium operates on a tiered subscription model, offering a free "Network" plan, a "Platform" plan at $99 per user per month, and a custom-priced "Enterprise" plan, as well as charging a 1% fee for auctions and reverse auctions.

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