About Material World
Material World is a company based in Brooklyn (United States) founded in 2012 by Jie Zheng and Rie Yano. Material World has raised $25.01 million across 6 funding rounds from investors including Great Oaks Venture Capital. Material World operates in a competitive market with competitors including The RealReal, Tradesy, Vestiaire Collective, Stadium Goods and Grailed, among others.
- Headquarter Brooklyn, United States
- Founders Jie Zheng, Rie Yano
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website materialworld.co
- Social LinkedIn X
- Total Equity Funding$25.01M (USD)
in 6 rounds
- Latest Funding Round$3M (USD), Series A
Feb 2018
- Investors
Funding Insights of Material World
Material World has successfully raised a total of $25.01M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in February 2018. 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 $25.01M
- Total Rounds 6
- Last Round Series A — $3M
- First Round $780,000
(Dec 2012)
- Investors Count 1
All 6 funding rounds of Material World 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 |
|---|---|---|---|---|---|
| Feb 2018 | $3M | Series A | – | – | – |
| Mar 2016 | $9.04M | Series A | – | – | – |
| Mar 2016 | $9M | Series B | – | – | – |
| Oct 2014 | $2.19M | Seed | – | – | – |
| Nov 2013 | $1M | Seed | – | – | – |
| Dec 2012 | $780,000 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Material World
Material World has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Great Oaks Venture Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech focused early-stage micro VC firm investing in the US | – | greatoaksvc.com | New York, United States |
Investor details for Material World
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 Material World
2 people are tracked at Material World (2 in leadership).
| Name | Role | Group |
|---|---|---|
Jie Zheng | Co-Founder & President | Leadership |
Rie Yano | Co-Founder & CEO | Leadership |
Complete people profiles for Material World
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 Material World
3 dated milestones of Material World across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Material World is founded.
- Funding First funding round of $780K.
- Funding Latest funding round, Series A, of $3.0M.
Competitors of Material World
Material World operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as The RealReal, Tradesy, Vestiaire Collective, Stadium Goods and Grailed, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| therealreal.com | 2011 | Tiburon, United States | $287.97M | 3,211 | Luxury fashion is resold via an online consignment platform. | |
| tradesy.com | 2012 | Santa Monica, United States | $146.71M | – | Designer clothing is bought and sold through peer-to-peer online marketplace. | |
| vestiairecollective.com | 2009 | Paris, France | $450.96M | – | Pre-loved luxury fashion is traded via an online consignment marketplace. | |
| stadiumgoods.com | 2015 | New York, United States | $4.6M | 232 | Pre-owned premium sneakers and apparel are consigned and sold. | |
| grailed.com | 2013 | San Francisco, United States | $76.59M | 2 | A peer-to-peer marketplace for men's clothing is operated. | |
| leprix.com | 2010 | Arlington, United States | $2.47M | – | Multi-category fashion products are offered via an online consignment platform. | |
| shop-hers.com | 2012 | Santa Monica, United States | $3.97M | – | Pre-owned luxury women's fashion is traded on an online marketplace. | |
| luxurygaragesale.com | 2010 | Chicago, United States | $11.07M | – | Luxury fashion products are consigned and sold online. | |
| vaunte.com | 2012 | New York, United States | $2.22M | – | Luxury Fashion Social-Commerce |
Detailed competitors of Material World
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.
Similar companies to Material World
10 companies that operate in the same segment as Material World (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.08 B | USD 939.4 M | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 2,420 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Lithuania | USD 872.04 M | – | – | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 850 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | – | – |
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Frequently Asked Questions about Material World
Material World was founded in 2012.
Material World is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Rie Yano is the current CEO of Material World. They have also founded this company.
Material World is a funded company, having raised a total of $25.01M across 6 funding rounds to date. The company's 1st funding round was a Seed of $780K, raised on Dec 2012.
Material World was founded in 2012 in Brooklyn, United States, as an online platform in the fashion sector. Pre-owned products from various designers and brands are curated and delivered on a subscription basis. Customers preferences are matched by personal stylists, who can be contacted via SMS or phone calls for ordering assistance. Operations focus on sustainable, second-hand apparel discovery and acquisition.
Material World's top competitors include The RealReal, Vestiaire Collective and Stadium Goods.
Material World has 1 investor. Key investors include Great Oaks Venture Capital.