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Laserhub
Marketplace for the sheet metal industry
- 101-200 employees
- B2B
- Enterprise
- Marketplace
- Analytics
- Construction
- eCommerce
- Procurement
- Stöckach, Stuttgart, Germany
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Company mission
Sheet metalworking is an incredibly diverse industry and the goal is to make this diversity entirely accessible via their digital platform. Accordingly, Laserhub plans to reduce the effort and costs for all involved, accelerate processes, and increase the efficiency of an entire industry.
Our take
Manufacturing procurement is a massive market but a complicated one. Each manufacturing mode (laser cutting, CNC, injection molding, …) is a separate problem in terms of CAD extraction technology and go-to-market strategy.
Laserhub is building a B2B marketplace fit for the procurement managers and suppliers of today’s industry. Its focus is on distilling complexity into a smooth, well-priced customer experience. Customers upload their CAD file to Laserhub, Laserhub processes the data and gives the customer a price for their desired parts, the customer accepts and the order is distributed to a network of suppliers who then fulfil the order.
The startup began with a narrow focus on laser cutting, bending, deburring and coating for the sheet metal industry. Now it is looking to expand into new machining processes such as welding. In the future, companies will be able to buy not only individual parts, but also assemblies. Laserhub also plans to expand into other European markets.
The company’s success is built on its ability to deliver high quality materials in a timely manner. Its strategy of ensuring that it executes in each product vertical to the highest standard has meant it has won the trust of its customers who consequently keep their acquisition costs low. As long as Laserhub delivers this kind of value to both sides of the market, its ceiling will only grow higher.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Regular team events
- Flexible working hours & remote-first
- Company shares
- Referral program
- Jobrad
- Learning and development program, language courses
- Central office & free snacks and drinks
- Shopping vouchers
Company values
- Widely talented, diverse & motivated people… | We value talented people from diverse backgrounds. We strive for equality of different opinions and beliefs, everyone’s voice is equally considered and heard
- …who get along as one-team… | There is no ego - it's about the team: We help each other wherever we can
- …working hard… | Our mission is to change a huge industry. This will only be possible with an exceptional work ethic from every team member. We get shit done!
- …on the right things… | Effectiveness is more important than efficiency! It's about choosing the right topics we work on and investing our time as focused as possible
- …adjusting as we learn | We are just at the beginning. There is so much to learn and we are eager to grow individually but also as a team
Funding (2 rounds)
Jun 2020
$8.5m
SERIES A
Jun 2018
$0.8m
SEED
Total funding: $9.3m
This company has top investors
Leadership
Adrian Raidt
(CEO)Before founding Laserhub, worked for Trumpf in various management positions for nine years.
Christoph Roessner
(COO)Managed a medium-sized mechanical engineering company for five years, after which they built up the incubator of a power tool manufacturer.