Material Exchange
Rönninge, SE · 8 known investors
Find your way into Material Exchange
846 people in our graph share verified history with the Material Exchange team — schools, employers, funds. One of them is your warm intro.
Bertie Aykroydunlockedknows Robert Conway · together at Barclays (overlapped)
×6knows the team · via Barclays
knows the team · via Unreasonable
×2knows the team · via London South Bank University
knows the team · via Expedia Group
knows the team · via PTC
Material Exchange runs a sourcing platform for the fashion industry that connects brands and suppliers to source fabrics and materials for apparel and footwear collections. It offers an AI sourcing assistant, Frank, that finds materials, provides data on each, and connects brands with suppliers for production.
Founders & leadership
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Darren GlenisterinFounder · CEODarren Glenister previously served as CEO of Material Exchange, where he worked on product lifecycle management, sourcing infrastructure, and supplier networks. He is now founder of Ask Frank, an AI sourcing agent that helps brands and suppliers with supplier discovery and early-stage product development.
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Dora LalityinChief Legal Officer
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Robert ConwayinChief Product & Technology OfficerRobert Conway previously held CTO and CPTO roles at listed, private, and VC-backed companies, with experience in FinTech and platform businesses. He now serves as Chief Product & Technology Officer at Material Exchange, a B2B marketplace for textile and supply chain sourcing in the fashion industry.
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Gareth BartmaninChief Financial OfficerGareth Bartman holds an MBA and brings experience in financial leadership, marketplace businesses, and strategic growth initiatives including M&A.
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Dejan ZvekicinChief of Digitization
Investors · 8
Molten Ventures✓ verifiedLondon · $2.5M – $63M
Day One Capital✓ verifiedBudapest · $330K – $2.2M
Norrsken VC✓ verifiedStockholm · $1.1M – $3.2M
InventurereportedHelsinki · $330K – $5.5M
NCT VenturesreportedColumbus
Also in the syndicate · 3
LyraNorrskenPartech
Funding
SEC filings, press & company announcements- Undisclosed amountSeries AApr 2022 · 2 sources
Molten Ventures (lead), Day One Capital, Inventure, Lyra, Norrsken, Partech
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does Material Exchange do?
- Material Exchange runs a sourcing platform for the fashion industry that connects brands and suppliers to source fabrics and materials for apparel and footwear collections. It offers an AI sourcing assistant, Frank, that finds materials, provides data on each, and connects brands with suppliers for production.
- Who founded Material Exchange?
- Material Exchange was founded by Darren Glenister.
- Who are Material Exchange's investors?
- Material Exchange's investors include Molten Ventures, Day One Capital, Norrsken VC, Inventure, NCT Ventures.
- Where is Material Exchange headquartered?
- Material Exchange is headquartered in Rönninge, SE.