GlobalFair, founded in 2020 by Shaily Garg and Ashish Chandra, operates a B2B digital marketplace for ready-to-install materials such as countertops, cabinets, natural stone and tiles focused on U.S. contractors. The platform connects contractors, distributors, fabricators, architects and construction companies and includes predictive modeling, an automated cost-estimate tool that uses architectural plans and shop drawings, a material visualization app, and an automated ERP. The company says it works with "hundreds" of contractors and retail customers across the U.S., serving multifamily and hospitality projects with budgets ranging from $100 million to $500 million. GlobalFair reports maintaining unit profitability and having seen strong customer pull and growth between its seed and Series A rounds. The new capital will be used to grow headcount (from around 100 to more than 200 by mid-2023), build products and scale its technology offering to new markets. Leadership emphasizes disintermediating long cross-border supply chains by connecting buyers directly to manufacturers across India and Southeast Asia to enable more transparent, cost-efficient procurement.

Total raised

$20M

Funding rounds

2

Latest round

Series A

Latest activity

Oct 2022