Material Depot
Latest round
- Series A
Last raised
- Feb 2026
Total raised
- $10M
Investors
- 6
About Material Depot
Material Depot is a technology company founded in 2022 by Manish Reddy and Sarthak Agrawal and headquartered in Bengaluru, India. The company focuses on providing technology solutions that enhance operational efficiency.Material Depot specializes in innovative technology solutions aimed at enhancing operational efficiency across various sectors. Its core product offerings include a suite of software applications designed to streamline workflow processes, improve data management, and facilitate real-time communication within organizations. These solutions are tailored to meet the demands of small to medium-sized enterprises in industries such as healthcare, finance, and logistics. The company's flagship product, launched in 2021, provides users with a comprehensive platform for project management and collaboration, addressing common pain points associated with disjointed communication and task tracking.Material Depot's revenue model is primarily structured around a subscription-based service, allowing clients to access its software solutions on a recurring basis. Clients typically engage in annual contracts that grant them access to a range of features and customer support services. Businesses may choose from tiered pricing plans that cater to different levels of usage and functionality, enabling them to scale their subscriptions as their needs grow. The revenue generated from these subscriptions forms a significant portion of the company's financial performance, complemented by additional revenue streams from consulting services and system integrations. The company plans to launch new products designed to improve operational efficiency, although specific release dates have not been disclosed. Additionally, Material Depot intends to expand into new geographic markets, focusing on regions that include Asia and Europe by the end of 2026.
Who invested in Material Depot
6 investors across 1 round
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Funding rounds
Series A
Feb 4, 2026
Amount
$10M
Investors
Questions about Material Depot
Who invested in Material Depot?
Material Depot has 6 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Material Depot raised?
Material Depot has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Material Depot last raise money?
Material Depot's most recent round on record is a Series A, in Feb 2026.
What does Material Depot do?
Material Depot is a technology company founded in 2022 by Manish Reddy and Sarthak Agrawal and headquartered in Bengaluru, India.
Where is Material Depot headquartered?
Material Depot is headquartered in Bengaluru, India.
Which VCs invest in companies like Material Depot?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back retail companies at Material Depot's stage. Their profiles are linked below.
VCs backing retail startups at Series A
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