Knowde

Knowde

Digital marketplace connecting chemical suppliers and buyers

About

Knowde operates a digital marketplace specifically for the chemical industry, connecting buyers and suppliers for transactions. Users can search, sample, quote, and purchase from a vast catalog of over 8,000 suppliers, making it a comprehensive resource for industry professionals. The platform includes a concierge service that streamlines transaction details, ensuring efficient handling of requests. Knowde serves a wide range of clients, from large corporations like Unilever to smaller suppliers focused on sustainability, and caters to various sectors such as automotive, agriculture, and packaging. Unlike many competitors, Knowde offers the largest catalog of chemicals, ingredients, and polymers in one place, enhancing accessibility for users. The company's goal is to facilitate seamless connections and transactions within the global chemical market.

Company Stage

Series C

Employees

201-500

Industries

Industrial & Manufacturing, Consumer Goods

Total Funding

$175.9M

Headquarters

San Jose, California

Founded

2017


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Simplify's Take

What believers are saying

  • Increased adoption of digital marketplaces boosts demand for Knowde's platform.
  • The rise of sustainability-focused products attracts environmentally conscious suppliers and buyers.
  • Knowde's AI-backed platform enhances searchability and customer engagement.

What critics are saying

  • Increased competition could erode Knowde's market share.
  • Valuation cut in Series C funding may indicate investor concerns.
  • Reliance on large corporations like Unilever poses a risk if they switch platforms.

What makes Knowde unique

  • Knowde hosts the world's largest catalog of chemicals, ingredients, and polymers.
  • The platform offers a concierge service to streamline transaction details efficiently.
  • Knowde's SAP-certified S/4HANA MDG connector enhances product data management for users.

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Growth & Insights
Headcount

6 month growth

-1%

1 year growth

2%

2 year growth

-4%

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