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Timberhub

Online marketplace for timber procurement

Timberhub logo
21-100 employees
  • B2B
  • Marketplace
  • Logistics
  • Construction
  • eCommerce
  • Procurement
Grachtengordel-West, Amsterdam, Netherlands

Company mission

To simplify timber procurement by fostering strong supplier relationships, giving our customers access to a wide range of options and stable availability.

Top investors

40% female employees

Our take

Timber is a wood commonly used in construction and carpentry, yet despite its prevalence in nature, procuring it as a business can be tricky. The industry is characterised by offline and inefficient manual processes, with vetting processes and middlemen leading to elevated prices, unreliable transportation, and unsatisfactory customer support.

Timberhub provides an online marketplace for timber procurement, pre-vetting buyers and sawmills to facilitate the quick and affordable purchase of timber with a guaranteed delivery time. The company handles all procurement, financing, and transportation for buyers, helping them to increase margins, save time, and focus on growth instead of procurement.

Whilst the company will face challenges from competitors such as Timberbase and Lesprom, Timberhub shows great potential to stand out with its focus on handling the end-to-end process of procurement, as opposed to simply connecting buyers with sawmills. Through its vetting standards and promise of consistency, the company claims it can help businesses streamline reliable timber procurement and boost cash flow, whilst bringing reliable custom to high-quality sawmills.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Health insurance
  • Holiday allowance
  • Remote working

Company values

  • We care Care is at the heart of everything we do. We work every day as a team to provide the best experience to our customers, make our suppliers more efficient and protect the environment.
  • We are hands on As the industry is hands-on, we don't waste time pondering, we roll up our sleeves and get to work. We tackle tasks, no matter how daunting they may seem, and embrace a 'do' culture rather than one of indecision.
  • We are owners We want to be known as the team that owns everything to do with timber. As we own the transaction from purchase to delivery, we own projects & goals.
  • We innovate We celebrate thinking outside the box, not only in our products, but also in the way we work. We value contemporary ideas and approaches over traditional methods because stagnation is not our style.
  • We enjoy the journey Exceptional quality is a natural consequence of enjoying what we do. This journey will happen only once and we should enjoy it!

Funding (2 rounds)

Sep 2022

$6.1m

SEED

May 2022

$1.6m

SEED

Total funding: $7.7m

This company has top investors

Leadership

Ion Sergis

(CEO & Co-founder)

Experience as Analytics & Insights Manager for Procter & Gamble. Senior Regional Operations Manager for Uber Europe, Middle East & Africa from 2017 to 2021.

Experience as Co-owner of ROTONDA. Senior Operations Manager for KAOUSSIS from 2018 to 2021.

Tommy Androutselis

(Managing Director & Co-founder)

Experience as Senior Engineering Consultant for Langan Engineering & Environmental Services from 2015 to 2019. Senior Associate for Exponent from 2019 to 2022.

Dimitris Pagkratis

(Co-founder)

Experience as Co-founder of Mazeblock LLC. Technology Manager for Rocket Path P.C. from 2017 to 2021.

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