FJ Labs is a venture capital firm based in New York, founded in 2015 by Fabrice Grinda. The firm is stage-agnostic, primarily focusing on marketplaces and consumer-facing startups across various sectors, including B2B, B2C, financial services, mobile technology, advertisement technology, e-commerce, food technology, gaming, health technology, real estate technology, restaurant technology, ridesharing, software as a service, and virtual reality. FJ Labs typically invests in seed and Series A rounds, with investment amounts ranging from $50,000 to $5,000,000.
Metalbook operates a comprehensive digital supply-chain platform that connects a global network of metal suppliers and consumers. By facilitating transactions and automating processes, Metalbook enhances efficiency and traceability in the procurement of raw materials. The platform aims to streamline the supply chain, providing clients with quick, transparent transactions and reliable logistics. In addition to linking suppliers and customers, Metalbook offers fabrication and modification services for finished and semi-finished metal products, ensuring competitive pricing and meeting diverse client needs. Through its commitment to creating a global marketplace, Metalbook seeks to enhance the procurement experience by simplifying logistics and enabling hassle-free transactions.
Heave
Seed Round in 2023
Heave is an equipment sourcing platform that specializes in the sales and rentals of heavy machinery. The platform serves contractors by providing an on-demand service where they can search for a diverse range of construction equipment. Users can configure machines to their specifications, compare offers from various suppliers, and book equipment instantly. Heave aims to enhance transparency between end-users and suppliers, fostering strong relationships and facilitating quicker transactions. This streamlined approach assists clients in efficiently acquiring the necessary construction equipment from industry suppliers.
Fuel Me
Series A in 2023
Fuel Me is a cloud-based technology platform that aims to enhance the procurement process for fuel, lubricants, and related products and services, primarily serving the transportation and construction industries. The platform is designed to simplify the ordering and delivery of bulk fuel, making the process more efficient, cost-effective, and transparent for businesses. Fuel Me enables clients to manage their orders comprehensively through a reliable nationwide vendor network, ensuring a streamlined experience from initiation to delivery.
Metalbook
Series A in 2023
Metalbook operates a comprehensive digital supply-chain platform that connects a global network of metal suppliers and consumers. By facilitating transactions and automating processes, Metalbook enhances efficiency and traceability in the procurement of raw materials. The platform aims to streamline the supply chain, providing clients with quick, transparent transactions and reliable logistics. In addition to linking suppliers and customers, Metalbook offers fabrication and modification services for finished and semi-finished metal products, ensuring competitive pricing and meeting diverse client needs. Through its commitment to creating a global marketplace, Metalbook seeks to enhance the procurement experience by simplifying logistics and enabling hassle-free transactions.
Mecanizou
Series A in 2023
Mecanizou is a distributor of automobile parts, providing a range of products including filters, lubricants, scanners, belts, cooling systems, braking components, and batteries. The company operates an online platform aimed at enhancing the digitalization of the automotive aftermarket industry. This platform offers local repair shops access to various value-added services, such as auto parts sales, financial support, and data intelligence. By centralizing information from the entire supply chain, Mecanizou enables mechanics and car owners to efficiently locate the correct parts, thereby minimizing costs and reducing waste associated with incorrect components.
Mecanizou
Pre Seed Round in 2022
Mecanizou is a distributor of automobile parts, providing a range of products including filters, lubricants, scanners, belts, cooling systems, braking components, and batteries. The company operates an online platform aimed at enhancing the digitalization of the automotive aftermarket industry. This platform offers local repair shops access to various value-added services, such as auto parts sales, financial support, and data intelligence. By centralizing information from the entire supply chain, Mecanizou enables mechanics and car owners to efficiently locate the correct parts, thereby minimizing costs and reducing waste associated with incorrect components.
GoExpedi
Funding Round in 2022
GoExpedi is a digital supply chain and data analytics company based in Houston, Texas, that specializes in the procurement and delivery of maintenance, repair, and operations (MRO) products for heavy industries, particularly in the oil and gas sector. Established in 2017, GoExpedi offers a comprehensive digital procurement platform that provides access to over 200,000 critical parts and supplies, ensuring transparency in pricing, supplier options, and availability. The company’s supply chain model boasts an average delivery time of 2.5 days, enabling clients to receive the right parts promptly. With a focus on enhancing the efficiency of drilling operations, GoExpedi supports the procurement of essential equipment such as mud pumps and blowout preventers while offering tools for order accuracy and spending reports. Staffed by industry experts and supported by patented technology, GoExpedi aims to deliver supplies more efficiently and cost-effectively than traditional providers.
Spectinga
Seed Round in 2022
Spectinga runs online-only auctions exclusively for heavy equipment traders. It was headquartered in Glasgow, Glasgow City in 2021.
Phi4tech
Convertible Note in 2022
Phi4tech is a nanotechnology company that works to provide industrial solutions based on nanomaterials. Phi4tech is located in Madrid, Spain.
QuoteBeam
Venture Round in 2022
QuoteBeam is a developer of an innovative platform designed for equipment manufacturers, facilitating the creation of concept designs and business proposals efficiently. The platform integrates various functions, including a proposal creator, project management, communication channels, inventory management, and supplier network oversight. By leveraging artificial intelligence, QuoteBeam enables collaboration among sales, engineering, supply chain teams, and parts manufacturers, streamlining the equipment design process. This approach not only accelerates design timelines but also provides valuable insights into the supply chain, allowing for more informed decision-making while reducing costs.
Laserhub
Series B in 2022
Laserhub GmbH, founded in 2017 and based in Stuttgart, Germany, operates as a procurement platform specializing in custom-made metal parts for industrial B2B customers across Germany, Austria, France, and Belgium. The company produces and distributes a variety of sheet metal parts, offering services such as laser cutting, bending and folding, deburring and thread cutting, powder coating, and laser engraving. Laserhub's multivendor procurement marketplace digitizes and automates the procurement processes for industries dealing with sheet metal, turning, and milling, allowing manufacturers and their suppliers to achieve cost reductions in both processes and parts.
MerXu
Series A in 2021
MerXu is an online trading platform that facilitates transactions for small and medium-sized enterprises, as well as larger organizations. It specializes in the trade of industrial products, including chemicals, construction materials, electrical goods, office furniture, lighting, machinery, and tools. By connecting verified buyers and sellers, MerXu enables direct business interactions through quotes and inquiries, fostering a secure and streamlined trading environment. The platform aims to support businesses in their digital transformation efforts by providing a comprehensive tool for B2B online trading, both nationally and internationally.
Flexcavo
Seed Round in 2021
Flexcavo GmbH, established in 2020 and located in Rosenheim, Germany, specializes in the rental of construction machinery through both online and offline platforms. The company aims to enhance the long-term profitability of construction firms by creating an integrated ecosystem that combines software with asset operations. This ecosystem serves as a central operating system for modern construction companies, allowing contractors to improve productivity and optimize the utilization of their construction fleets.
Bulk MRO Industrial Supply
Seed Round in 2017
Bulk MRO Industrial Supply Pvt. Ltd. is a Mumbai-based distributor of maintenance, repair, and operations products. Founded in 2016, the company provides a comprehensive range of items, including abrasives, adhesives, cleaning equipment, electrical equipment, fasteners, hand tools, lighting products, office supplies, and safety products. It serves a diverse array of sectors such as automobile, chemical, FMCG, hospitality, manufacturing, mining, oil and gas, pharmaceuticals, and power. As a global B2B platform, Bulk MRO caters to numerous large corporations and government clients across North America, Europe, India, the Middle East, and Africa, positioning itself as a one-stop shop for millions of products sourced from thousands of manufacturers.
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