Valuation
$1.9B
2024 Revenue
$55M
Funding
$203M
Team
234
Founded
2019
How Material Bank CEO Sebastian J Gunningham grew Material Bank to $55M revenue with a 234 person team in 2024.
Material Bank is a marketplace for design professionals and brands in the architecture and design industry, providing the fastest and most powerful way to search and sustainably sample design materials.
Last updated
Material Bank Revenue
In 2024, Material Bank's revenue reached $55M. Since its launch in 2019, Material Bank has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Material Bank Hit $55m revenue in December 2024 |
| 2019 | Launched with $0 revenue |
Material Bank Valuation, Funding Rounds
Material Bank reached a $1.9B valuation in 2021, set during its None round.
Material Bank has raised $203M in total funding across 2 rounds, most recently a $175M None round in 2021.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2021 | None | $175M | $1.9B | 9% |
| 2020 | None | $28M | - | - |
Material Bank Employees & Team Size
Material Bank employs approximately 234 people as of 2026.
Material Bank has 234 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2025 | Reached 234 employees (November 2025) |
Founder / CEO
Sebastian J Gunningham
Sebastian J Gunningham is listed as Founder / CEO at Material Bank.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Material Bank yet.
Frequently Asked Questions about Material Bank
What is Material Bank's revenue?
Material Bank generates $55M in revenue.
Who founded Material Bank?
Material Bank was founded by Sebastian J Gunningham.
Who is the CEO of Material Bank?
The CEO of Material Bank is Sebastian J Gunningham.
How much funding does Material Bank have?
Material Bank raised $203M.
How many employees does Material Bank have?
Material Bank has 234 employees.
Where is Material Bank headquarters?
Material Bank is headquartered in Boca Raton, United States.
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Compare Material Bank to the industry
Material Bank operates across multiple industries. Browse revenue, funding, and growth data for Material Bank in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .
