Metalbook operates a managed marketplace that connects over 4,000 stakeholders in the metal industry through a full-stack digital supply chain platform, facilitating the procurement and recycling of metals such as TMT bars, aluminum billets, and MS scrap. The platform addresses inefficiencies in metal sourcing and delivery, providing real-time access to a global network of suppliers and tailored financing solutions for businesses.
Funding
$22.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
NAFounders
Product
Problem
The metal industry faces challenges in sourcing, procuring, and recycling materials due to fragmented supply chains and a lack of transparency. Inefficient processes lead to increased costs, delays, and difficulties in accessing financing and fabrication services.
Solution
Metalbook provides a managed marketplace that connects stakeholders in the metal industry, streamlining the procurement and recycling processes through a digital platform. The platform offers real-time access to a global network of verified suppliers, enabling businesses to discover competitive prices and negotiate deals efficiently. Metalbook also facilitates access to tailored financing solutions, metal fabrication services, and logistics support, creating a comprehensive solution for businesses seeking to optimize their metal supply chain. By integrating these services, Metalbook aims to enhance transparency, reduce costs, and promote sustainability within the metal industry.
Target Audience
Metalbook primarily serves SMEs (Small and Medium Enterprises) and large enterprises across diverse industries such as infrastructure and construction, automotive and transportation, machinery and equipment, renewable energy, and electric vehicles.
Features
- Access to a network of over 1,500 verified metal suppliers across the globe
- Real-time price discovery and instant RFQ (Request for Quotation) capabilities
- Streamlined bidding and negotiation tools for efficient deal closure
- Metal fabrication services through a network of trusted partners
- Tailored financing solutions from lending partners
- Logistics support with real-time vehicle tracking
- Digital platform for buying, selling, and auctioning surplus inventory
- Support for over 80 metal categories and 1,000+ SKUs (Stock Keeping Units)
- Mobile app for iOS and Android