Proglix Commerce Analysis: $1M Raised
What is Proglix Commerce?
Proglix Commerce is a B2B platform in Indonesia that simplifies procurement of metal and steel raw materials, providing instant price quotes and various business services.
Employees
25
Founded
2022
Revenue
<$5M
Business Model
Streamlined procurement, excess inventory liquidation, and financing solutions drive revenue.
Investors
- 500 Global
- Number Capital
- Magic Fund
Product Features & Capabilities
- Galvalume Coil, Galvanized Coil, PPGL Coil, Steel Pipes, Steel Plate, Checkered Steel Plate, H-Beam, Angle Bar, Wide Flange, C-Channel, U-Channel, Hollow Steel, Steel Roof, Floor Deck, Hotdip Fence, Electroplated Fence, Fence Pole, Rebar Wire, Gabion Mesh, Birmingham Wire Gauge, Barbed Wire, Reinfor
How much Proglix Commerce raised
Seed - $1.35 million
February 24, 2023Lead Investor: 500 Global, Number Capital, Magic Fund
Who are the founders of Proglix Commerce
Competitors Overview
Proglix Commerce operates in a competitive landscape within the B2B procurement market for metal and steel raw materials in Indonesia. Key competitors include:
- Elefin: A leading B2B commerce platform that simplifies purchasing for businesses with a range of tools. Elefin focuses on e-procure
Market Focus
Proglix Commerce primarily focuses on the B2B market, specifically in the metal and steel manufacturing industry in Indonesia. They streamline the procurement of metal and steel raw materials and provide services tailored for businesses in this sector.
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