World's Largest Marketplace for Architectural, Design and Construction Materials secures $175 million in funding
Material Bank, the world’s largest marketplace for architectural, design, and construction materials, announced it has secured $175 million 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 $325 million.
Material Bank intends to leverage the new capital and strategic partnership with Brookfield to foster deeper relationships within the real estate and construction industries to benefit its growing list of brand partners. It will support the company’s expanding global footprint, power strategic acquisitions, and allow for further investments in innovative solutions for the multi-billion dollar architecture, design, and construction industries.