|Company Name||CEO/ Co-Founder||Fund Raised||Invested By||No Of Investors|
|Felux||Dallas Hogensen, Todd Leebow, Chris Day||$19M||EquipmentShare||2+|
Felux $19M Series Led By EquipmentShare
B2B marketplace, Felux an OH-based company raised $19 million led by EquipmentShare in a series A funding round. The round was backed by Suffolk Technologies, Lightbank, Expa, 8VC, Signia Venture Partners, and JumpStart Ventures.
CEO Todd Leebow said that we will use these funds to accelerate growth and project management. We are working on new hirings and soon will increase the count.
Felux helps metal and steel buyers and sellers with end-to-end digital processes. Our model is fully encrypted and safe.
Moreover, Felux is entering into the Aluminium market now traders get more things on a single platform. Felus has entered into Fortune 500 companies and right now we have industrial leaders as our partners.
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