Skrap

London, United Kingdom Founded: 2017 • Age: 9 yrs
Provider of an online marketplace to hire construction tools and heavy equipment
Annual revenue - Latest available
Total funding $1.6M 1 rounds
Employees 45 Tracked headcount
Investors 10 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

About Skrap

Skrap is a company based in London (United Kingdom) founded in 2017 by Hussain Hilli, Ahmed Rao, and Marwan Field. Skrap has raised $1.57 million across 1 funding round from investors including Vanneck, Charles Songhurst and Eamon Jubbawy. The company has 45 employees as of October 31, 2021. Skrap operates in a competitive market with competitors including Huws Gray, Materials Market, Jewson, Builders Bay and BLK Global, among others.

  • Headquarter London, United Kingdom
  • Employees 45 as on 31 Oct, 2021
  • Founders Hussain Hilli, Ahmed Rao, Marwan Field
  • Sectors
    Real Estate & Construction
    Environment
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Skrap Ltd
  • Date of Incorporation 27 Oct, 2017
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.57 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.57 M (USD), Seed

    Aug 25, 2020

  • Investors
    Vanneck

    & 9 more

  • Employee Count
    45

    as on Oct 31, 2021

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People of Skrap

Headcount 10-50
Employee Profiles 23
Employee Profiles
People
Malik Shafiq
Tech
People
Nathan Darbyshire
Commercial Director
People
Mahdi Alziaylee
Supply Chain Manager
People
Wali Ahmed
Customer Service Adviser-Operations

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Funding Insights of Skrap

Skrap has successfully raised a total of $1.57M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.57 million completed in August 2020. 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.

Investors in Skrap

Skrap has secured backing from 10 investors, including institutional and angel investors. Prominent investors backing the company include Vanneck, Charles Songhurst and Eamon Jubbawy.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Offers global equity income and multi-asset investment strategies for clients.
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Charles Songhurst

-
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Eamon Jubbawy

Co-founder of Onfido, angel investor in Indian startups, tech enthusiast
Locked Locked Locked
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Investor details for Skrap

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Investments & Acquisitions by Skrap

Investments
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Investment portfolio details for Skrap

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Financial Statements - Skrap

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Detailed financials for Skrap

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Skrap Comparisons

Skrap Primary company
Description
Provider of an online marketplace to hire construction tools...
Location
London, United Kingdom
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
45
As of 2021
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Peer comparison for Skrap

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Competitors of Skrap

Skrap 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 Huws Gray, Materials Market, Jewson, Builders Bay and BLK Global, among others.

Company Name Domain Founded year HQ Location Description
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Retailer of construction materials
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An online marketplace for building materials procurement is provided.
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Building materials and construction supplies are distributed by Jewson.
Locked Locked Locked
Hosts a digital marketplace for builders and construction needs.
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Online marketplace offering industrial supplies
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Detailed competitors of Skrap

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  • Domains and locations
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Latest news on Skrap

Proptech startup Skrap raises £1.2m
Uktech5 years ago
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Complete news archive for Skrap

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  • Older coverage
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Frequently Asked Questions about Skrap

Skrap was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Skrap is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Skrap is a funded company, having raised a total of $1.57M across 1 funding round to date.

As of Oct 31, 2021, the latest employee count at Skrap is 45.

Skrap was founded in 2017 in London, United Kingdom, as a provider of an online marketplace focused on the construction sector. Tools, heavy equipment, and related services are made available for hire or purchase through the platform. Offerings include ready concrete, portable machinery, excavators, tippers, and site welfare services. Operations are supported by a mobile application accessible on Android and iOS devices.

Skrap's top competitors include Materials Market, Huws Gray and BLK Global.

Skrap has 10 investors. Key investors include Vanneck, Charles Songhurst, Eamon Jubbawy, Anil Stocker, and Paul Huntingdon.

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