MatBook, a promising player in the construction tech space, has secured $750,000 in a pre-seed funding round, setting the stage for its growth in the U.S. market. The round was led by Seedstars International Ventures, Fluent Ventures, and Everywhere Ventures, with additional backing from angel investors connected to Autodesk and Amazon.
Funding to Drive U.S. Expansion and AI Innovation
The newly acquired capital will be used to:
-
Enhance MatBook’s AI-driven platform
-
Expand operations across the United States
-
Strengthen its team in sales, technology, and operations
-
Improve AI tools for pricing prediction, lead-time optimization, and supplier recommendations
This strategic move will help MatBook address some of the most pressing supply chain issues in the construction industry, including unpredictable pricing, shipping delays, and lack of transparency.
AI-Powered Procurement for the U.S. Construction Sector
MatBook’s platform offers a direct connection between contractors and vetted material manufacturers, using AI and automation to streamline procurement. With features like:
-
Real-time pricing predictions
-
Integrated logistics and shipping coordination
-
Automated quality control systems
-
Supplier recommendations based on availability, lead time, and cost
MatBook aims to become the go-to platform for contractors and distributors in the U.S. seeking fast, reliable, and cost-efficient sourcing solutions.
Sustainability-Ready: Environmental Product Declarations
In response to increasing demand for green building solutions, MatBook offers Environmental Product Declarations (EPDs) for contractors looking to meet LEED and other sustainable construction standards. This sustainability focus aligns with growing global expectations for transparency in construction material sourcing.
Future Plans: Credit Solutions & Network Expansion
Looking ahead, MatBook plans to:
-
Introduce credit facilities for buyers to manage financing
-
Expand its network of manufacturers, making the platform more robust and scalable
-
Develop advanced AI tools to reduce lead times and increase procurement efficiency