logo
logo

Diagon raised $5.1 million in a seed funding round led by The Westly Group to revolutionize manufacturing procurement.

Apr 18, 2024over 1 year ago

Amount Raised

$5.1 Million

Round Type

seed

San FranciscoInformation Technology

Investors

Refashiond Ventures: The Industrial Transformation FundVentures TogetherAnthemis GroupFoxe CapitalFoster VenturesTechstarsValia VenturesThe Westly Group

Description

Diagon, a company redefining the way manufacturers find and purchase equipment, has secured $5.1 million in seed funding. The round was led by The Westly Group, with participation from Valia Ventures, Techstars, Foster Ventures, Foxe Capital, Anthemis Group, Ventures Together, and REFASHIOND Ventures: The Industrial Transformation Fund.

Company Information

Company

Diagon

Location

San Francisco, California, United States

About

First-of-its-kind equipment sourcing platform bringing hardware, services, and financing into a consolidated user experience. Diagon indexes manufacturing equipment products, suppliers, and service providers to up-level and modernize the equipment sourcing experience.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Related People