StructShare
Latest round
- Seed
Last raised
- Mar 2023
Total raised
- $8M
Investors
- 3
About StructShare
Founded in 2017 in Tel Aviv, Israel, StructShare specializes in providing a digital platform for material management and procurement.00 mn.StructShare offers a cloud-based platform designed to streamline the procurement and material management processes specifically for specialty contractors in various trades, including electrical, plumbing, HVAC, mechanical, concrete, framing, drywall, and roofing. The core product enables field teams to instantly request purchase orders for approval, facilitating real-time collaboration among procurement, accounting, and field teams. Additionally, StructShare allows users to upload supplier catalogs and submit requests for quotations (RFQs) to multiple suppliers simultaneously, enhancing the procurement process. This platform serves a diverse client base that includes contractors, construction firms, and specialty trades across multiple geographical markets, including North America and potentially expanding into international markets as demand grows.StructShare operates on a subscription-based revenue model, providing its customers with various pricing plans tailored to their specific needs for procurement and material management. Transactions typically involve businesses signing up for the platform and paying a recurring fee based on the number of users or the volume of materials managed. This B2B relationship emphasizes the importance of seamless integration with existing accounting and purchasing workflows, allowing clients to capture building material costs effectively while enhancing overall project profitability. While specific pricing plans are not disclosed, the platform's offerings focus on improving purchase order and invoice approval cycles, thereby optimizing labor, data entry, and pricing. StructShare plans to increase its reach by targeting new markets and geographical regions, including potential expansions beyond North America as demand grows. The recent investment will support these initiatives, allowing StructShare to enhance its product offerings and further penetrate the construction and specialty contracting industries.
Who invested in StructShare
3 investors across 1 round
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Funding rounds
Seed
Mar 21, 2023
Amount
$8M
Investors
Questions about StructShare
Who invested in StructShare?
StructShare has 3 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 StructShare raised?
StructShare has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did StructShare last raise money?
StructShare's most recent round on record is a Seed, in Mar 2023.
What does StructShare do?
Founded in 2017 in Tel Aviv, Israel, StructShare specializes in providing a digital platform for material management and procurement.
Where is StructShare headquartered?
StructShare is headquartered in Tel Aviv, Israel.
Which VCs invest in companies like StructShare?
Among active investors with capital left to deploy, MPCi, Luminous Ventures, Zijin Venture Capital and Legend Capital back software companies at StructShare's stage. Their profiles are linked below.
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