Material Exchange: Funding, Investors & Team (Sep 2026)
In August of 2016 a collection of forward-thinking industry professionals began to reimagine the way we interact with materials. Rather than the conventional method of sifting through dozens of sample books to review options, a new approach was imagined leveraging digital visualization technology as well as advanced filtering capabilities. The Material Exchange is an online database which allows designers, materials teams, product developers and material vendors to collaborate, filter and organize the raw materials for their collections all within a secure environment. Working closely with innovative brands, the Footwear Distributors and Retailers of America, PTC and Substance from Allegorithmic, this industry-led platform provides a solution which allows for the rapid visualization of materials, automates data input and improves communication between material suppliers and manufacturers.
Material Exchange has raised $27.1M across 1 funding round on record, the most recent a Series A of $27.1M announced in Apr 2022.
That round is above the $5.0M median round size for Transportation companies tracked on FundedIQ over the last two years.
Material Exchange Company Profile and Key Stats
Latest funding round on record: Apr 2022.
Material Exchange Funding Rounds
Material Exchange Founders and Leadership Team
Contact details for the Material Exchange team: 1 of 1 has an email address on file.
Start 14-day free trial →Material Exchange Funding Compared to Other Transportation Startups
Material Exchange's latest round of $27.1M is above the median round in Transportation. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Material Exchange in Transportation and Stockholm
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Material Exchange Funding FAQs
What does Material Exchange do?
In August of 2016 a collection of forward-thinking industry professionals began to reimagine the way we interact with materials. Rather than the conventional method of sifting through dozens of sample books to review options, a new approach was imagined leveraging digital visualization technology as well as advanced filtering capabilities. The Material Exchange is an online database which allows designers, materials teams, product developers and material vendors to collaborate, filter and organize the raw materials for their collections all within a secure environment. Working closely with innovative brands, the Footwear Distributors and Retailers of America, PTC and Substance from Allegorithmic, this industry-led platform provides a solution which allows for the rapid visualization of materials, automates data input and improves communication between material suppliers and manufacturers.
How much funding has Material Exchange raised?
Material Exchange has raised $27.1M across 1 round on record. The most recent is a Series A of $27.1M announced in Apr 2022.
When did Material Exchange last raise funding?
Material Exchange's most recent funding round on record is a Series A of $27.1M, announced in Apr 2022.
Who is the CEO of Material Exchange?
Darren Glenister is listed as CEO at Material Exchange.
Where is Material Exchange headquartered?
Material Exchange is based in Stockholm, Stockholms Lan, Sweden.
How many employees does Material Exchange have?
Material Exchange is in the 51-100 employee band.
How does Material Exchange's funding compare to other Transportation startups?
Material Exchange's latest round of $27.1M is above the $5.0M median round size for Transportation companies on FundedIQ across 430 tracked companies over the last two years.
About FundedIQ's Material Exchange Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Material Exchange is left off this page rather than filled in.
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