B2B building materials startup GlobalFair raised $20 million in Series A led by Lightspeed where from Saama Capital, India Quotient, AUM Ventures, and Stride Ventures also participated.
Customers can begin interacting with GlobalFair’s platform at any point in the traditional process, from building cost estimates using architectural plans and shop drawings to real-time GPS-enabled tracking of final delivery of materials on job sites. The funds will be used to expand their manufacturing base in India and Vietnam, launch capital finance solutions, and build a sustainable end-to-end synchronised cross-border supply chain that is accessible to global buyers with a single click.
