MatBook
Overview
MatBook is a construction technology company known for transforming the way building materials are sourced and procured. Founded in 2023 by Harsh Badera, Raghav Malhotra, Shubham Sharma, and Nasir Hussain, it is headquartered in San Francisco, California. The company is notable for its online platform that connects U.S. contractors and distributors directly with manufacturers. By April 2025, MatBook had raised $750,000 from a pre-seed funding round led by Seedstars International Ventures, Fluent Ventures, and Everywhere Ventures, marking a significant milestone in its financial growth.
Recent Developments
- April 2025: MatBook secured $750,000 in a pre-seed funding round led by Seedstars International Ventures, Fluent Ventures, and Everywhere Ventures. This investment aims to enhance its technology and expand its operations in the U.S., particularly focusing on improving AI tools for pricing, lead-time optimization, and supplier recommendations.
- March 2024: MatBook planned to introduce credit solutions to offer better financial options to its clients and expand its network of manufacturers to streamline procurement and reduce project delays.
- Blueprint Conference 2024: MatBook participated in this event to network and gain insights, helping to strengthen its mission to revolutionize cross-border procurement.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2023 |
| Headquarters | San Francisco, California, USA |
| Founders | Harsh Badera, Raghav Malhotra, Shubham Sharma, Nasir Hussain |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | Seedstars International Ventures, Fluent Ventures, Everywhere Ventures |
| Industry | Construction Technology |
| Number of Employees | 7 (as per latest data) |
Early History
MatBook was founded in 2023 with the vision of simplifying the procurement process within the construction industry by directly connecting buyers with manufacturers. Harsh Badera, along with his co-founders, leveraged their 15+ years of combined experience in construction technology to introduce a digital platform that mitigates the inefficiencies observed in traditional supply chains. The company's platform came as a response to longstanding issues such as inflated prices and unreliable supply chains.
Company Profile and Achievements
MatBook operates a digital procurement platform that optimizes the sourcing of construction materials through AI-driven insights and real-time logistics updates. It emphasizes a direct sales model, thus eliminating intermediaries and ensuring competitive pricing for materials such as quartz tiles and vinyl flooring. The company has built a reputation for its robust quality assurance system and seamless logistics chain, which includes doorstep delivery and real-time tracking. Among its significant milestones was the launch of an Environmental Product Declarations (EPDs) feature for customers invested in sustainable construction practices.
Current Operations and Market Position
Currently, MatBook focuses on expanding its market in the United States and strengthening its AI capabilities. The company caters primarily to U.S. contractors by providing a streamlined procurement process via an online catalog that efficiently manages communication, quality checks, and shipment tracking. MatBook's competitive edge lies in its AI-tools which aid in predicting pricing and optimizing lead times, proving advantageous in the $1.2 trillion U.S. construction market.
Conclusion
MatBook has rapidly evolved into a significant player in the construction technology sector by addressing critical supply chain inefficiencies. Through strategic investments and a focus on technological advancements, MatBook is poised for growth and expansion in the highly competitive construction materials market. Its innovative approach in integrating AI into logistics and procurement processes not only streamlines constructions operations but offers a sustainable choice, aligning with modern industry standards.