# MaterialsZone

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/materialszone

- Industry: Internet
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.materials.zone
- Total disclosed funding: $7M
- Latest round: Series A (Apr 27, 2021)
- Investors on record: 3

## About

MaterialsZone LTD delivers an AI-driven Materials Informatics cloud platform that enhances R&D efficiency for materials-focused sectors. The company optimizes workflows and fosters collaboration across various industries, including chemicals and consumer goods.Founded in 2017, MaterialsZone LTD is headquartered in Tel Aviv-Yafo, Israel, and specializes in advanced materials research and development. The company has undergone significant growth in its offerings and recently secured funding to expand its market reach. Assaf Anderson serves as both the CEO and Founder, bringing relevant experience to drive the company forward. In April 2021, MaterialsZone raised USD 6.0 mn in Series A funding led by Insight Partners, with participation from OurCrowd, marking an important milestone in their investment journey.MaterialsZone specializes in an AI-powered Materials Informatics cloud platform designed to accelerate research and development (R&D) processes for materials-based products. The platform integrates advanced data analysis and machine learning to streamline workflows, enhance collaboration, and optimize the development cycle within various industries, including chemicals, advanced materials, and fast-moving consumer goods (FMCG). Key offerings include the Materials Knowledge Center, the Collaboration Hub, and the Predictive Co-Pilot, which help clients model R&D processes and forecast outcomes. The platform serves a diverse clientele, including global enterprises and academic institutions, primarily in North America, Europe, and Asia.MaterialsZone’s revenue model is based on subscription access to its comprehensive platform and services, primarily targeting B2B enterprise clients. The company generates revenue through tiered subscription plans that cater to varying user needs, allowing clients to access predictive modeling and analytics tools to support their R&D processes. This structure promotes a steady revenue stream and fosters long-term partnerships that enhance collaborative research efforts.Following the recent USD 6.0 mn Series A funding round in April 2021, MaterialsZone plans to hire additional team members to bolster its product development. The company aims to expand its offerings towards new verticals, including Green Construction, Perovskites, Automotive, and Semiconductors. This strategic growth will enable MaterialsZone to reach new clientele and enhance its market presence.

## Funding rounds

- Series A, Apr 27, 2021, $6M — Insight Partners, OurCrowd
- Seed, Jul 23, 2018, $1M — Sarona Ventures

## Investors

- Sarona Ventures (https://capitalatlas.ai/funds/sarona-ventures) — Seed
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series A
- OurCrowd (https://capitalatlas.ai/funds/ourcrowd) — Series A