“Construction Companies to Benefit from Bulk Exchange’s $4.5M Boost for Material Sourcing Needs”
Bulk Exchange, a startup building a marketplace that lets construction companies and contractors buy and dispose materials in bulk, has raised $4.5 million in seed funding.
If Bulk Exchange can get enough providers on to its platform, estimators may be able to execute their work more quickly.
Second, once contracts are signed, Bulk Exchange can convert estimates into sales by linking buyers and sellers on the platform.
Instead, Bulk Exchange intends to charge for its services similar to a SaaS model.
If Bulk Exchange can scale and collect lots of data, it could have a second business and revenue stream in time.
