About Materee
Materee is a Real Estate & Construction company based in Tangerang (Indonesia) founded in 2022 by Steven Walentino and Hansel Hansel. Construction materials are bought online via an Indonesian platform. Materee has raised $125 thousand across 1 funding round from investors including Y Combinator. Its focus areas include Real Estate and Construction Tech, Construction Tech, Building Materials and Ecommerce. Its competitors include Juragan Material, Minidepo and 1000saudara; 1 of its 3 listed competitors has raised funding.
Company details
Materee was founded in 2022 in Tangerang, Indonesia, as an e-commerce platform in the construction sector. Various building materials, such as cement, wood, bricks, tiles, pipes, and granites, are offered for purchase. Users select products, submit orders, and receive deliveries. Operations focus on facilitating multi-category transactions through the domain materee.id.
- Headquarters Tangerang, Indonesia
- Founders Steven Walentino, Hansel Hansel
- SectorsReal Estate & Construction
- Phone•••• ••••
- Website materee.id
- Total Equity Funding$125K (USD)
in 1 rounds
- Latest Funding Round$125K (USD), Seed
Jun 2022
- Investors
Funding Insights of Materee
Materee has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $125,000
- Total Rounds 1
- Last Round Seed — $125,000
- First Round $125,000
(Jun 2022)
- Investors Count 1
All 1 funding rounds of Materee with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | $125,000 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Materee
Materee has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States |
Investor details for Materee
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Materee
2 people are tracked at Materee (2 in leadership).
| Name | Role | Group |
|---|---|---|
Steven Walentino | Co-Founder | Leadership |
Hansel Hansel | Co-Founder | Leadership |
Complete people profiles for Materee
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Materee
2 dated milestones of Materee, from founding to its latest funding, stage changes and deals.
- Founded Materee is founded.
- Funding First funding round of $125K.
Competitors of Materee
Materee has 3 listed competitors in our database, 1 of them funded. They include Juragan Material, Minidepo and 1000saudara.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| juraganmaterial.id | 2020 | Tangerang, Indonesia | $4M | Building materials are provided through an e-commerce platform for users. | ||
| minidepo.id | 2020 | Surabaya, Indonesia | Online app for purchasing building materials with home delivery services. | |||
| 1000saudara.com | 2018 | Jakarta, Indonesia | Online store for purchasing building materials with delivery services. |
Detailed competitors of Materee
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Materee
Materee was founded in 2022.
Materee is headquartered in Tangerang, Indonesia. It is registered at Tangerang, Banten, Indonesia.
Materee is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Jun 2022.
Materee was founded in 2022 in Tangerang, Indonesia, as an e-commerce platform in the construction sector. Various building materials, such as cement, wood, bricks, tiles, pipes, and granites, are offered for purchase. Users select products, submit orders, and receive deliveries. Operations focus on facilitating multi-category transactions through the domain materee.id.
Materee's top competitors include Juragan Material, Minidepo and 1000saudara.
Materee has 1 investor. Key investors include Y Combinator.