About us
We’re here to simplify material sourcing – and the team behind our name is stellar beyond measure. We’re proud of all we’ve accomplished over these last few years – and we’re only just getting started.
About us
We’re here to simplify material sourcing – and the team behind our name is stellar beyond measure. We’re proud of all we’ve accomplished over these last few years – and we’re only just getting started.
What we are about
Material Exchange is simplifying sourcing for the fashion industry, making it easy for brands and suppliers to create their next best-selling collections. They achieve this by giving them access to Fashion’s first AI sourcing assistant, Frank, who can find the materials brands need in seconds, provide all the data they need, and connect them with suppliers to collaborate on the production of their project.
A new approach
to sourcing
It all started in 2018 when a group of industry professionals reimagined the process of sourcing materials for footwear and apparel. From this idea came a sourcing platform in which brands and suppliers could connect. Fast forward a couple of years through some evolution stages, and we come to Frank, fashions first AI sourcing assistant, who is making material sourcing more effective than ever before – and it’s impacting the entire industry.
Our team
We’re a global team of 70+ experts focused on footwear and apparel with backgrounds in sustainability, material sourcing, technology, and more. Our team is growing and currently spread across seven countries: Sweden, USA, Serbia, Italy, India, China, and the UK, plus additional remote locations.
Darren Glenister
Chief Executive Officer
Ben Felton
Chief Strategy & Marketing Officer
Dora Lality
Chief Legal Officer
Andrew Olah
Chief of Textiles
Robert Conway
Chief Product & Technology Officer
Gareth Bartman
Chief Financial Officer
Zaki Saleemi
Senior Vice President of Global Sales
Dejan Zvekic
Chief of Digitization
Emily Olah
VP Strategic Partnerships
Where to find us
Head office
Material Exchange Venture AB
c/o Convendum
Birger Jarlsgatan 57
113 65 STOCKHOLM
Additional office locations
New York, US
Subotica, Serbia
Treviso, Italy
Mumbai, India
Dongguan, China
London, UK
Investors who make a difference
In late 2020, we completed an investment round of €6 million led by Norrsken VC to help us grow and achieve our long-term goals. In Q1 2022, we closed a €25 million round of funding led by world-class investor Molten Ventures along with the continued support of previous seed investors including Partech, Norrsken, Inventure, Day One Capital, and Lyra.
