The round was co-led by General Catalyst and Durable Capital Partners LP, with participation from BOND, Lead Edge Capital and existing investors Bain Capital Ventures and Raine Ventures. This round brings Material Bank's total funding to $157 million. Material Bank will use the capital to fuel continued momentum, scale teams and infrastructure, expand into new verticals, make strategic acquisitions, and seed long-term growth initiatives.

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. The 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-always free for design professionals. With a rapidly growing community of members, Material Bank is the easiest way for brands to connect with thousands of vetted design professionals in the specification process.