Field Materials, Inc. (Seed)
Funding Details
Awarder
Inbox
Date Award
June 4, 2024
Vertical
AI Procurement
Funding Amount
$8,150,000
Company Info
Founding Year
2022
Traction
In Q1 2024, the company’s customer base grew 3x, annual recurring revenue grew 8x, and the total volume of orders more than doubled.
Organizations Involved
SMACNA, NFCA, SWACCA, CFMA
Founders
Eldar Sadikov, Victor Gane
Market
Construction
Location
Palo Alto, CA, US
Coinvestors
DivcoWest Ventures, Navitas Capital, Zelda Ventures, Flyer One Ventures, Blumberg Capital, s16vc, Zacua Ventures
Company Description

Field Materials digitizes material procurement for construction contractors and vendors through its AI-powered mobile and web apps.