Timberhub
Financials
Estimates*
EUR | 2023 |
---|---|
Revenues | 2.0m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | €1.5m | Seed | |
* | €5.8m | Seed | |
Total Funding | $8.0m |
Recent News about Timberhub
EditTimberhub 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.