When was Material World founded?

Material World was founded in 2012 and raised its 1st funding round within a year of its incorporation.

Where is Material World located?

Material World is headquartered in Brooklyn, United States.

How many employees does Material World have?

As of Jul 01, 2024, the latest employee count at Material World is 24.

Is Material World a funded company?

Material World is a funded company, having raised a total of $16M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 10, 2012.

When was the latest funding round of Material World?

Material World's latest funding was a $***** Series A round on Feb 23, 2018, with participation from 0 investor.

Where does Material World rank among its competitors?

Material World ranks 7th amongst 47 active competitors, of which 12 are funded. It stands 5th in terms of total funding among its competitors.

Who are the top competitors of Material World?

Material World's top competitors include The RealReal, Vestiaire Collective and Stadium Goods. Among them, Material World secured the most recent funding round in February, 2018.

Material World - 2026 Company Profile, Team, Funding & Competitors

Material World is a series A company based in Brooklyn (United States), founded in 2012 by Jie Zheng and Rie Yano. It operates as an Online platform offering personal stylist-based pre-owned fashion products on a subscription basis. Material World has raised $16M in funding. The company has 47 active competitors, including 12 funded and 4 that have exited. Its top competitors include companies like The RealReal, Vestiaire Collective and Stadium Goods.

Company Details

Online platform offering personal stylist-based pre-owned fashion products on a subscription basis. It enables customers to discover products based on their preferences where they text via SMS and call their stylists and can order pre-owned fashion items from various designers and brands on a subscription basis.

Website: materialworld.co
Social
Email ID: *****@materialworld.co
Phone Number: +1 **********

Key Metrics

Founded Year

2012

Location

Brooklyn, United States

Stage

Series A

Total Funding

$16M in 5 rounds

Latest Funding Round

Series A, Feb 23, 2018, $*****

Investors

Great Oaks Venture Capital & 3 more

Ranked

7^th among 47 active competitors

Employee Count

24 as on Jul 01, 2024

Similar Companies

Subdial & 9 more

View Material World's full profile

Material World has raised a total funding of $16M over 5 rounds. Its first funding round was on Dec 10, 2012. Material World has 4 institutional investors.

Here is the list of recent funding rounds of Material World:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 23, 2018	3046715	Series A	8051768	7909171	9958041	2624566
Mar 30, 2016	7330867	Series A	9733856	9048686	6693352	2807442
Oct 10, 2014	2109038	Seed	4555725	6499882	7064363	4473263

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View details of Material World's funding rounds and investors

The founders of Material World are Jie Zheng and Rie Yano. Rie Yano is the CEO of Material World.

Here are the details of Material World's key team members:

Jie Zheng: Co-Founder & President of Material World.
Rie Yano: Co-Founder & CEO of Material World.

View details of Material World's Founder profiles and Board Members

Material World's employee count trend

Material World has 24 employees as of Jul 24. Here is Material World's employee count trend over the years:

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Top competitors of Material World include The RealReal, Vestiaire Collective and Stadium Goods. Here is the list of Top 10 competitors of Material World, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	The RealReal 2011, Tiburon (United States), Public	Online consignment-based marketplace for luxury fashion	$288M	InterWest Partners, HTIF & 34 others	76/100
2nd	Vestiaire Collective 2009, Paris (France), Series F	Online consignment based marketplace platform offering multi-category pre-loved fashion products	$667M	Fidelity Investments, Fidelity & 19 others	67/100
3rd	Stadium Goods 2015, New York City (United States), Acquired	Consignment store for premium sneakers and apparel	$4.6M	Blisce, Forerunner Ventures & 3 others	66/100
4th	Tradesy 2012, Santa Monica (United States), Acquired	P2P online marketplace for designer clothing items	$147M	Kleiner Perkins, Northgate Capital & 17 others	61/100
5th	Grailed 2013, San Francisco (United States), Acquired	P2P marketplace for men's clothing	$76.6M	Index Ventures, Thrive Capital & 6 others	51/100
6th	Curtsyapp 2015, Mountain View (United States), Series A	Peer to peer apparel rental platform	$14.5M	Canaan, Index Ventures & 9 others	44/100
7th	Material World 2012, Brooklyn (United States), Series A	Online platform offering personal stylist-based pre-owned fashion products on a subscription basis	$16M	Great Oaks Venture Capital, DG Daiwa Ventures ... & 2 others	49/100
8th	LePrix 2010, Arlington (United States), Seed	Online consignment platform offering multi-category fashion products	$2.47M	TEDCO, Blu Venture Investors & 10 others	42/100
9th	REVERSIBLE 2022, San Jose (United States), Unfunded	App-based marketplace platform offering multi-category pre-loved fashion products for men and women	-	-	42/100
10th	Shop Hers 2012, Santa Monica (United States), Acqui-Hired	Online marketplace for pre-owned luxury fashion products	$3.97M	Elevation Partners, SV Angel & 2 others	33/100