Gde material

Gde material

Affordable construction and building materials.

HQ location
Moscow, Russia
Launch date
Employees
Enterprise value
$2—3m
Company register number
1167746091040
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Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues0000000000000000000000000000
% growth217 %147 %8 %(45 %)39 %(20 %)-
EBITDA0000000000000000000000000000
Profit0000000000000000000000000000
% profit margin(12 %)-(36 %)(26 %)(38 %)(1 %)-
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000
R&D % of revenue--19 %17 %---

Source: Company filings or news article, Dealroom estimates

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More about Gde material
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GdeMaterial operated as a specialized online marketplace headquartered in Moscow, Russia, focusing on the Do-It-Yourself (DIY) and building materials sector. Founded in 2014, the company aimed to streamline the procurement process for construction and renovation supplies. The platform functioned by connecting customers with local hardware and DIY stores, allowing them to find the best prices and arrange for delivery. Its primary market was individuals and contractors engaged in building and repair projects within Russia.

The core of GdeMaterial's service was a sophisticated search and comparison engine. Users could upload a list of required materials, and the platform would simultaneously search across multiple vendors. It would then calculate the total order cost, including estimated delivery fees, from the nearest shops. This multi-search capability was designed to save users significant time compared to individually contacting stores or browsing different websites. A key feature was its ability to find alternative purchasing options if a single store did not have all the required items in stock. The system would attempt to complete the order by sourcing missing products from other nearby vendors, thereby optimizing for delivery costs and ensuring order completion.

The company was formerly venture-capital backed, securing $157K in an early-stage funding round in December 2016. GdeMaterial's business model was centered on facilitating transactions within the e-commerce and supply chain technology verticals. Despite reaching a revenue-generating stage and populating its platform with a substantial number of offers, the company has since ceased operations as of late 2024. Keywords: GdeMaterial, DIY marketplace, building materials, construction supplies, price comparison, multi-search, hardware stores, delivery service, Russian market, e-commerce, supply chain tech, renovation materials, cost calculation, local vendors, online procurement

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