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.
Location: United States, Ohio, Cleveland
Employees: 11-50
Total raised: $24.6M
Founded date: 2018
Investors 2
| Date | Name | Website |
| - | Expa | expa.com |
| - | Suffolk Te... | suffolk-te... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 03.06.2022 | Series A | $19.5M | - |
| 25.08.2021 | Seed | $5.1M | - |
Mentions in press and media 5
| Date | Title | Description |
| 03.06.2022 | Felux Raises $19M in Series A Funding | Felux, a Cleveland, OH-based online B2B marketplace and supply chain platform for steel and other metals, raised $19m in Series A funding. The round was led by EquipmentShare and joined by Signia Venture Partners, Suffolk Technologies, Expa... |
| 03.06.2022 | 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... |
| 25.08.2021 | 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 ... |
| 25.08.2021 | 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... |
| 25.08.2021 | 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 ... |