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Venture Capital News: Material Bank Announces $175M Series D

2022-05-09
NEW YORK, NY, Material Bank, a marketplace for architectural, design, and construction materials, has secured $175M in Series D funding.
Material Bank, a marketplace for architectural, design, and construction materials, has secured $175M in Series D funding led by Brookfield's technology investment arm Brookfield Growth, with participation from additional strategic partners Fifth Wall, SoftBank Vision Fund 2, and RXR. This significant raise brings the company's total funding to more than $325M.

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. Follow Material Bank via LinkedIn and Instagram.
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