US AI startup Field Materials has raised $3.5 million from s16vc, Zacua Ventures, Zelda Ventures, Navitas Capital, Flyer One Ventures, DivcoWest and Blumberg Capital. The company closed its seed round on June 4, 2024. This follows from Crunchbase data, which RB.RU drew attention to.

s16vc and others invested $3.5 million in AI platform to buy construction materials Field Materials

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The company intends to use the funds to expand its sales and customer success teams to further accelerate its growth.

Field Materials was founded in 2022 by Eldar Sadikov and Victor Gein. The company is headquartered in San Jose, California. Over the two years of its existence, the startup raised $8.2 million.

Field Materials’ software platform enables contractors and suppliers to streamline all aspects of procurement, freeing up time for higher-value work while increasing profits and saving money.

Author:

Karina Pardaeva

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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