Material Bank

Material Bank is a marketplace for design professionals and brands in the architecture and design industry, providing the fastest and most powerful way to discover and sample materials.

Material Bank is the world's largest architectural and design-focused material resource library.

Material Bank was founded in 2018 by Adam I. Sandow. The company is headquartered in New York, with offices in Memphis, Tennessee and Boca Raton, Florida.

 

Material Bank provides a scalable digital marketplace combined with a large-scale, robotic logistics facility, to seamlessly connects its global brand partners to its more than 90,000 active members.

 

Material Bank's revolutionary platform powers complex searches across hundreds of brands in seconds. Samples ordered by midnight (ET) are delivered in a single box by 10:30 AM the next day.

 

Material Bank has more than 450 brands and over 900,000 members performing almost 10, 00,000 material searches a month. The marketplace is powered by a new, 300,000 SKUs fon a single website.

 

Material Bank is backed by Bain Capital Ventures, General Catalyst, Brookfield Growth, Fifth Wall, Durable Capital Partners, SoftBank Vision Fund 2, RXR, Raine Ventures, and others. The company raised $175M in Series D round on May 05, 2022. This brings Material Bank's total funding to $330M to date. The latest round mints Material Bank a unicorn with a valuation of $1.9B post-money.

 

 

  • Year founded: 2018
  • Funding Info: $330M over 5 Rounds (Latest Funding Type: Series D)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: Valued at $1.9B as of May 05, 2022
  • City/Town: New York
  • State: New York
  • Country: United States
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