Laibl

Laibl operates a web-based sourcing platform for consumer packaged goods (CPG) brands. Brands submit a product request and the platform generates structured product requirements, searches for candidate manufacturers, and returns matched suppliers with the attributes relevant to the request. The company states it combines web search, proprietary supplier data, and AI models to identify suppliers internationally, and that it can engage large numbers of manufacturers on a brand's behalf.

The product bundles the sourcing workflow into a single environment: an inbox for discussing specifications, sharing files, and negotiating; project workspaces that group suppliers, conversations, quotes, and files; supplier search with detailed supplier profiles viewable before contact; team collaboration for sharing supplier lists and decisions; and analytics covering industry and market trends. An AI quote-comparison feature assembles the leading quotes for a project and compares certifications, capacity, pricing, and customer reviews. A "Laibl Verified" designation is applied to suppliers to indicate they have been checked for legitimacy and capability. Suppliers can register on the platform in order to be discovered by brands.

Business model

The platform is two-sided, connecting CPG brands seeking manufacturing with suppliers who sign up to be discovered. Laibl states that use of the platform is free for brands, with no cost to send product requests and be matched with vetted suppliers.

Laibl states there is no cost for brands to use the platform.

Traction

The company's site cites an average project savings of 30%, a 9x faster time to quote, and a customer testimonial from Acacia Galli, a Senior Director of Procurement, describing over 40% savings on a sourcing project after finding a new supplier through the platform.