Reibus International
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| ISIN | 🆔 |
|---|---|
| Industry | |
| Founded 📆 | 2018 |
| Founder 👔 | |
| Headquarters 🏙️ | , , U.S. |
Area served 🗺️ | |
Key people |
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| Members | |
Number of employees | 260[1] |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Reibus International is a technology and services provider in the metals industry. The company was founded in 2018 as an independent, anonymous, SaaS-enabled online marketplace.[2]
History[edit]
Origins[edit]
Reibus International was founded in 2018 in Atlanta, Georgia by John Armstrong, a steel industry executive.[3] Cofounders John Blount, now the company’s chief operating officer and general counsel, and Jon Haley, its chief revenue officer, soon joined.[4] Armstrong is from Edinburgh, Scotland, and the company name was inspired by the Scottish fictional detective John Rebus.[5]
Armstrong’s career background is in metals.[6] As the vice president of a metal roofing company, he witnessed supply chain issues while procuring materials.[7] The creation of Reibus International was a response to metal supply chain difficulties.[8]
Further Developments[edit]
The company opened their first international office in Canada in 2021 with sales and customer service teams.[9] Reibus International has additional regional offices in Düsseldorf, Germany; Mexico; Sweden; France; Dubai, United Arab Emirates; and Italy.[10]
Reibus International also acquired several other companies, including Blue Steel LLC, an online platform for carbon steel, in 2019.[11] In 2022, they acquired Stålgossen, a trading company based in Norrköping, Sweden.[12]
In 2021, the company was valued at $750 million and received $100 million in backing from external funders.[13]
Products and Activities[edit]
The company developed an anonymous, SaaS-enabled marketplace that offers steel and industrial metals, including red metals such as copper, brass, and bronze.[14] Prime, excess and obsolete materials are made available for purchase.[15] The platform aims to bring brokers and dealers together in a traditionally fragmented market.[16][17] The marketplace automatically matches buyers and sellers using a relational database similar in design to dating websites.[18]
References[edit]
- ↑ "Reibus International" (Press release). On Board.
- ↑ "Reibus Adds Red Metals to its Digital Marketplace for Industrial Materials". www.businesswire.com. 2023-01-10. Retrieved 2023-01-24.
- ↑ Feldman, Amy. "With Supply-Chain Constraints In The Spotlight, An Atlanta-Based Marketplace For Industrial Metals Raises $20 Million For Expansion". Forbes. Retrieved 2023-01-25.
- ↑ Feldman, Amy. "With Supply-Chain Constraints In The Spotlight, An Atlanta-Based Marketplace For Industrial Metals Raises $20 Million For Expansion". Forbes. Retrieved 2023-01-25.
- ↑ Feldman, Amy. "With Supply-Chain Constraints In The Spotlight, An Atlanta-Based Marketplace For Industrial Metals Raises $20 Million For Expansion". Forbes. Retrieved 2023-01-25.
- ↑ Feldman, Amy. "With Supply-Chain Constraints In The Spotlight, An Atlanta-Based Marketplace For Industrial Metals Raises $20 Million For Expansion". Forbes. Retrieved 2023-01-25.
- ↑ Feldman, Amy. "With Supply-Chain Constraints In The Spotlight, An Atlanta-Based Marketplace For Industrial Metals Raises $20 Million For Expansion". Forbes. Retrieved 2023-01-26.
- ↑ "ModernMetals.com | Reibus International Wins the 2022 Platts Global Metals Rising Star Award". www.modernmetals.com. Retrieved 2023-01-26.
- ↑ "ModernMetals.com | Reibus opens first international office". www.modernmetals.com. Retrieved 2023-01-25.
- ↑ Williams, Trevor (2022-07-06). "Atlanta's Reibus Opens European Headquarters in Germany, Expands Via Sweden Acquisition". Global Atlanta. Retrieved 2023-01-25.
- ↑ "Reibus International Acquires Metalmixx". www.businesswire.com. 2019-06-10. Retrieved 2023-01-25.
- ↑ Williams, Trevor (2022-07-06). "Atlanta's Reibus Opens European Headquarters in Germany, Expands Via Sweden Acquisition". Global Atlanta. Retrieved 2023-01-25.
- ↑ "SoftBank Vision Fund 2 Backs Steel, Aluminum Marketplace Reibus". Bloomberg.com. 2021-11-30. Retrieved 2023-01-26.
- ↑ "Reibus Adds Red Metals to its Digital Marketplace for Industrial Materials". www.yahoo.com. Retrieved 2023-01-25.
- ↑ "ModernMetals.com | Reibus International's trading platform helps rebalance the supply chain and Pacesetter is one of its first customers". www.modernmetals.com. Retrieved 2023-01-26.
- ↑ RoofingAdmin (2018-10-04). "Reibus International Launched as Online Marketplace for Construction Materials". Roofing. Retrieved 2023-01-26.
- ↑ "Reibus Raises $75 Million in Funding - Metal Center News". www.metalcenternews.com. Retrieved 2023-01-26.
- ↑ Feldman, Amy. "With Supply-Chain Constraints In The Spotlight, An Atlanta-Based Marketplace For Industrial Metals Raises $20 Million For Expansion". Forbes. Retrieved 2023-01-25.
External Links[edit]
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