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Metaloop - About the company

Metaloop is a series A company based in Graz (Austria), founded in 2022 by Jan Pannenbacker and Alexander Schlick. It operates as a Provider of digital platforms for buying and selling metal scrap. Metaloop has raised $17.1M in funding from FirstMark. The company has 260 active competitors, including 27 funded and 13 that have exited. Its top competitors include companies like NowPurchase, OfBusiness and Zhaogang.

Company Details

Provider of digital platforms for buying and selling metal scrap. This service facilitates the procurement and disposal of secondary raw materials for industrial manufacturers. The platform manages logistics, financing, and material recycling through a network of processors and smelters. Users access tools for tracking transactions, monitoring material quality, and coordinating pick-up schedules. The system provides visibility into material flows and supports the management of ferrous and non-ferrous metal inventories.
Phone Number
+44 **********
Key Metrics
Founded Year
2022
Location
Graz, Austria
Stage
Series A
Total Funding
$17.1M in 1 round
Latest Funding Round
Investors
Ranked
Employee Count
11 - 50 as on Jul 01, 2024
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Metaloop's funding and investors

Metaloop has raised a total funding of $17.1M over 1 round. Its latest funding round was a Series A round on Sep 19, 2023 for $*****. 4 investors participated in its latest round. Metaloop has 5 institutional investors.

Here is the list of recent funding rounds of Metaloop:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 19, 2023
8158829
Series A
4834061
5546282
5544613
7354640
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Metaloop's founders and board of directors

Founder? Claim Profile
The founders of Metaloop are Jan Pannenbacker and Alexander Schlick. Alexander Schlick and Jan Pannenbacker are the CEOs of Metaloop.
Here are the details of Metaloop's key team members:

Metaloop's employee count trend

Metaloop has 11 - 50 employees as of Jul 24. Here is Metaloop's employee count trend over the years:
Employee count trend for Metaloop
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Metaloop's Competitors and alternates

Top competitors of Metaloop include NowPurchase, OfBusiness and Zhaogang. Here is the list of Top 10 competitors of Metaloop, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for NowPurchase
NowPurchase
2017, Kolkata (India), Series B
Tech interfaced procurement marketplace for metal manufacturers
$17.2M
66/100
2nd
Logo for OfBusiness
OfBusiness
2015, Gurugram (India), Series G
B2B commerce platform specializing in metals, chemicals, fashion, and food-processing
$776M
64/100
3rd
Logo for Zhaogang
Zhaogang
2012, Shanghai (China), Public
Provides of an online B2B steel trading platform
$394M
64/100
4th
Logo for JSW One MSME
JSW One MSME
2020, Mumbai (India), Series B
Online retailer of TMT, steel HR coil, and cement products
$91.6M
63/100
5th
Logo for Power2SME
Power2SME
2012, Gurugram (India), Series E
Provider of a B2B digital marketplace offering multi-category industrial products
$85.7M
58/100
6th
Logo for Metalbook
Metalbook
2021, Gurugram (India), Series A
B2B platform for metal sourcing, recycling, contract manufacturing, and financing
$24.3M
58/100
7th
Logo for Metals Hub Gmbh
Metals Hub Gmbh
2016, Dusseldorf (Germany), Series A
B2B marketplace to buy and sell metals and ferroalloys
$14.5M
53/100
8th
Logo for Ximkart
Ximkart
2021, Bengaluru (India), Series A
An online B2B cross-border trade marketplace offering industrial raw materials
$7.67M
50/100
9th
Logo for Metaloop
Metaloop
2022, Graz (Austria), Series A
Provider of digital platforms for buying and selling metal scrap
$17.1M
49/100
10th
Logo for Reibus
Reibus
2018, Atlanta (United States), Series B
B2B contract manufacturer marketplace for the metal manufacturing industry
$101M
49/100
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Metaloop's Investments and acquisitions

Metaloop has made no investments or acquisitions yet.

Reports related to Metaloop

Here is the latest report on Metaloop's sector:

News related to Metaloop

Media has covered Metaloop for 1 event in last 1 year.
•
Metaloop raises $17m in Series A fundingFinTech Collective•Sep 22, 2023•Metaloop, FirstMark
•
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