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Felux is the technology platform redefining how organizations manage their steel supply chain. With Felux, you can source, procure, ship, finance, and analyze every steel transaction, all in one location. Use Felux to leverage the power of information to drive cost savings, find new customers, and gain greater visibility into your organization's supply chain. The Felux team is a group of experienced steel professionals. Our goal is to create efficiencies, enhance visibility, and facilitate communication for our users. Start your company's digital transformation and join the movement at felux.com.
Overview
Location
United States, Ohio, Cleveland
Employees
11-50
Total raised
$24.6M
Founded date
2018
Investors 2
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| Suffolk Technologies | suffolk-tech.com |
Funding Rounds 2
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Aug 25, 2021 | Seed round | $5.1M |
Mentions in press and media 5
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Jun 3, 2022 | Carlyle’s CEO says he is on alert as recession looms | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Carlyle Group CEO Kewsong Lee wants everyone to know that he isn’t concerned—but he’s certainly o... |
| Aug 25, 2021 | B2B Steel Marketplace Felux Raises $5.1M | Felux, a B2B marketplace and supply chain platform for the steel and industrial industry, today announced it has raised $5.1m in seed funding led by Expa, with participation from 8VC and Lightbank. Normally an offline industry, Felux seeks ... |
| Aug 25, 2021 | Felux Raises $5.1M in Seed Funding | Felux, a Cleveland, OH-based B2B marketplace and supply chain platform for the steel and industrial industry, raised $5.1m in seed funding. The round was led by Expa, with participation from 8VC and Lightbank. The company intends to use the... |
| Aug 25, 2021 | Felux Raises $5.1Million In Seed Funding To Digitize The Steel Industry With The Launch Of B2B Marketplace And Supply Chain Logistics Platform | Seed round led by Expa will help drive innovation, giving a traditional, paper-based, $1 trillion steel industry access to a new way to buy and sell steel, a seamless way to connect with new buyers and sellers and manage their supply chain ... |
Reviews 0
FAQ about Felux
When was Felux founded?
Felux was founded in 2018.
How much funding has Felux raised?
Felux has raised $24.6M in total across 2 funding rounds.
What funding rounds has Felux raised?
Parsers VC lists 2 funding rounds of Felux, among them a seed round of $5.1M on Aug 25, 2021.
Who has invested in Felux?
Parsers VC lists 2 investors of Felux, among them Suffolk Technologies.
What has the press written about Felux?
Parsers VC has collected 5 articles mentioning Felux, among them “Carlyle’s CEO says he is on alert as recession looms” (Jun 3, 2022) and “B2B Steel Marketplace Felux Raises $5.1M” (Aug 25, 2021).
Is Felux still active?
Yes, Felux is active; its latest activity on Parsers VC dates from Jun 3, 2022.