Timberhub

Timberhub

Redefines timber trading by building the largest digital marketplace that actively connects buyers and sellers internationally. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$26—38m (Dealroom.co estimates Sep 2022.)
Company register number 85562866
Amsterdam North Holland (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2023
Revenues2.0m
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DateInvestorsAmountRound
-

N/A

-
*

€1.5m

Seed
*

€5.8m

Seed
Total Funding$8.0m

Recent News about Timberhub

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More about Timberhubinfo icon
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Timberhub is a startup that operates in the timber procurement industry, serving clients across Europe. The company's primary function is to streamline the process of sourcing timber, allowing clients to focus on their core business operations. Timberhub achieves this by leveraging its extensive network of sawmills across the Baltics and Nordics, providing a wide variety of timber options including Pine, Spruce, Mix Hardwood, and Mix Softwood, among others.

The company's business model is centered around simplifying the timber procurement process. They do this by fostering strong relationships with suppliers, which ensures stable availability and a wide range of timber options for their clients. This means that clients can get quotes for their timber needs in as little as 10 hours, significantly reducing the time and effort required for procurement.

Timberhub's revenue is likely generated through a commission-based model, where they earn a percentage of the total transaction value for each deal facilitated through their platform. This model aligns with their goal of simplifying the procurement process, as it incentivizes them to provide a seamless and efficient service for their clients.

The company has shown significant growth, with the number of trucks delivering timber across Europe increasing from 10 to 225 per month within a year. This indicates a growing demand for their services and a strong market position.

Keywords: Timber Procurement, Sawmill Network, Timber Sourcing, Supplier Relationships, Commission-Based Revenue, Rapid Quoting, Delivery Service, Growth, Europe, Timber Variety.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.