Materee Analysis: $125K Raised
What is Materee?
Materee is an e-commerce platform in Indonesia that simplifies the procurement of construction materials for various projects.
Employees
20
Founded
2022
Product Features & Capabilities
- ready mix concrete, precast and non-structural products, high-quality aggregates, cement, wood, bricks, tiles, pipes, granites, various types of steel products including rebar, black plates, and steel angles, lightweight and red bricks
How much Materee raised
1: - $125K
2022Lead Investor: Y Combinator
Who are the founders of Materee
HH
SW
Market Focus
Materee primarily focuses on the e-commerce industry, specifically for construction materials in Indonesia. The company aims to transform and simplify the procurement process for construction supplies.
Investors
- BRI Ventures
- Y Combinator
- January Capital
- Alpha JWC Ventures
- Mohammed Alabsi
Business Model
E-commerce platform generating revenue through sales of construction materials and commissions.
Competitors Overview
Materee operates in the e-commerce construction materials market in Indonesia, facing competition from several notable companies:
- Infra.Market: This company offers a wide range of construction materials and has a strong presence in the Indian market. Its advantages include a robust supply ch
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