Reibus International, an independent metals marketplace, secures $30million in funding. Canaan and Nosara were among the backers, and HSBC served as its financial partner.
The money will be used by the business to quicken its next stage of expansion and innovation. It offers a stand-alone technological platform for the buying and selling of industrial products throughout North America.
Read also – [Funding News] NYC-based Authentic Secures $11Million in Series A Round Funding
By providing real-time data, analytics, and logistical assistance, the marketplace reduces lead times and inventory costs for thousands of customers, suppliers, and service centres across North America by utilising industry expertise and cutting-edge technology.
About Reibus
Reibus was founded in 2018 as the only independent and anonymous, SaaS-enabled marketplace, utilizing technology to solve ingrained supply chain problems in the industrial material market. It uses its advanced technology and deep industry knowledge to revolutionize supply chain efficiency by shortening lead-times, reducing inventory, and streamlining finance and freight services.
