What is 3BG Supply?
3BG Supply operates a sophisticated online marketplace that streamlines the procurement of industrial components from a diverse array of manufacturers. By digitizing the supply chain, the company addresses critical inefficiencies in B2B purchasing, providing enterprise clients with a centralized platform to source essential hardware and machinery parts. The platform serves as a vital intermediary, reducing the friction typically associated with fragmented industrial supply networks and enabling manufacturers to reach a broader customer base through a unified digital interface.
How much funding has 3BG Supply raised?
3BG Supply has raised a total of $8.8M across 3 funding rounds:
Angel/Seed
$600K
Debt
$150K
Debt
$8M
Angel/Seed (2017): $600K with participation from Elevate Ventures
Debt (2020): $150K led by PPP
Debt (2022): $8M supported by Espresso Capital
Key Investors in 3BG Supply
Espresso Capital
Espresso Capital is a Canadian venture debt firm specializing in revenue-based financing and growth capital for technology-driven enterprises.
Elevate Ventures
Elevate Ventures is an active participant in shaping the future of Indiana by investing in cross-sector innovation-driven companies at Pre-Seed, Seed, and Series A stages.
PPP
Public-Private Partnership
What's next for 3BG Supply?
With the recent capital injection, 3BG Supply is positioned to accelerate its digital transformation initiatives and expand its manufacturer network. The focus will likely shift toward enhancing platform scalability and integrating advanced logistics solutions to further optimize the procurement lifecycle. As the company moves deeper into its enterprise-level growth phase, the emphasis will remain on capturing market share within the industrial sector, leveraging its established infrastructure to drive recurring revenue and long-term value for stakeholders. Future strategic moves may include the integration of predictive analytics to better forecast demand for industrial parts, thereby solidifying its role as an indispensable partner in the global supply chain ecosystem.
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