Felux
Latest round
- Series A
Last raised
- Jun 2022
Total raised
- $24M
Investors
- 7
About Felux
Felux Inc. provides a wide array of steel products, including hot-rolled, cold-rolled, galvanized, and aluminized steel. Founded by Chris Day, Dallas Hogensen, and Todd Leebow, the company has undergone a strategic focus on direct sales since its inception.Felux specializes in providing a diverse range of steel products, including hot-rolled, cold-rolled, galvanized, and aluminized steel. Their business model is centered around offering products that are readily available for shipment to customers' nearby locations, facilitating swift delivery and inventory replenishment. The customer base includes industries that require metal materials for manufacturing, construction, and various fabrication processes.Felux generates revenue through a transactional model involving direct sales of steel products to businesses. Clients submit requests for quotes (RFQs) by uploading files or entering details manually, allowing the company to match them with suitable products. Sales agreements are made where clients purchase steel products for manufacturing or construction projects, with pricing structured based on the type of steel and specifications, determined at the time of the quote according to real-time inventory and local availability.In June 2022, Felux Inc. The company plans to expand its offerings into new global markets, targeting the USD 460 billion European market with an anticipated launch in late 2023.
Who invested in Felux
7 investors across 2 rounds
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Questions about Felux
Who invested in Felux?
Felux has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Felux raised?
Felux has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Felux last raise money?
Felux's most recent round on record is a Series A, in Jun 2022.
What does Felux do?
Felux is a internet company.
Where is Felux headquartered?
Felux is headquartered in Cleveland, US.
Which VCs invest in companies like Felux?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Felux's stage. Their profiles are linked below.
VCs backing internet startups at Series A
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