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§ Private Profile · 219 36th Street 25 Brooklyn, NY 11232, USA
Material World is a company.
Material World has raised $780K across 1 funding round.
Key people at Material World.
Material World was founded in 2012 by Adam Gries (Co-Founder).
Material World has raised $780K in total across 1 funding round.
Material World provides integrated material and system solutions, optimizing logistics and warehousing for diverse industries. It offers quality products and advanced systems, enhancing efficiency, accuracy, and safety in goods handling. Offerings encompass specialized packing, material handling equipment, and comprehensive warehouse systems, streamlining operations from production to delivery.
Founded in Thailand in 1996, Material World focused on developing superior logistics products and services. This drove expansion, establishing Cargo Perfect Co., Ltd. in 1999. Further growth in 2004 involved a joint investment with Japan's Nihon Matai, forming Pal Tech (ASIA) and Material Standard Co., Ltd.
Serving manufacturing facilities and sectors like hospitality, healthcare, and education, Material World addresses critical logistics and storage needs. Its vision is to lead in end-to-end logistics and warehousing, prioritizing cost-effectiveness and environmental responsibility. It optimizes material flow with flexible, service-oriented solutions for its clientele.
Key people at Material World.
Material World was founded in 2012 by Adam Gries (Co-Founder).
Material World has raised $780K in total across 1 funding round.
Material World's investors include Great Oaks Venture Capital, Jun Makihara, Shotaro Tanaka, ImproVista, SunBridge Global Ventures.
Material World has raised $780K across 1 funding round. Most recently, it raised $780K Seed in December 2012.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 10, 2012 | $780K Seed | Great Oaks Venture Capital | JUN Makihara, Shotaro Tanaka, Improvista, SunBridge Global Ventures | Announced |
Material World is a Brooklyn-based e-commerce company specializing in pre-owned luxury fashion through a personal styling subscription service. It delivers curated designer clothing and accessories at up to 90% off retail prices, addressing fashion waste by promoting resale and sustainability[1][3][4]. Founded in 2012, the company serves fashion-conscious consumers seeking affordable, high-end items via a chat-based stylist interface, with reported revenue of around $24 million, 36-39 employees, and $13-20 million in funding from investors like Zozo and Farfetch[3][4]. Its growth includes expansions like a Discover Card redemption program (2015) and Subscription Box (2018), solving the problem of inaccessible luxury while fostering a circular economy[1].
Material World emerged in 2012 (with some sources noting 2011) as an online consignment and resale platform for high-end fashion, founded by two e-commerce experts and Harvard Business School graduates whose identities include a reference to "Jie" in one profile[1][3][5]. The idea stemmed from tackling fashion waste, starting with a beta launch that generated buzz, attracted investors, and built an initial customer base through creative branding and UX design by Studio Chow[1]. Early traction came from pivotal redesigns (2016, 2018) introducing services like trade-in cards and subscription boxes, evolving from pure resale to a stylist-driven model with a fulfillment center in Secaucus, New Jersey[1][3]. Media features in outlets like The New York Times, Wall Street Journal, and TechCrunch marked key milestones[3].
Material World rides the circular fashion trend, capitalizing on growing demand for sustainable apparel amid climate concerns and fast fashion backlash. Timing aligns with e-commerce maturation post-2010s, where resale markets exploded (e.g., via apps like Depop, The RealReal), fueled by Gen Z's preference for eco-conscious luxury[1][3]. Market forces like luxury overproduction and consumer shift to secondhand (projected to hit $350B globally by 2028) favor its model, while tech enablers like AI-driven styling and mobile chat amplify accessibility[3]. It influences the ecosystem by normalizing stylist-led resale, inspiring hybrid sustainability-tech startups, and partnering with pioneers like Farfetch to bridge luxury and circularity[3].
Material World's stylist subscription and waste-reduction mission position it for expansion into AI-enhanced personalization or international markets, potentially scaling revenue beyond $24M amid resale's boom. Trends like regulatory pushes for sustainability (e.g., EU textile rules) and Web3 provenance tracking will shape its path, evolving influence from niche player to ecosystem leader in fashion tech. As resale disrupts luxury retail, expect deeper investor plays and product innovations tying back to its waste-eliminating roots.