Felux Raises $5.1M in Seed Funding to Digitize the Steel Industry
Seed round led by Expa will help drive innovation giving the traditional, paper-based, $2 trillion steel industry access to a new way to buy and sell steel
The future of the steel supply chain
The new way to buy & sell steel
Save time and money by getting access to thousands of suppliers and buyers.
With Felux we help you manage sourcing, procurement, financing and shipping.
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One platform to manage everything
Manage all of your quotes and listings, find new suppliers and buyers, track your shipments and get access to financing
The future of steel
Watch how your business can optimize how you manage your entire sourcing process.
Built by steel & technology experts to help improve your bottom line
Manage all of your quotes, find new suppliers and buyers, track your shipments, and get access to financing
Procurement
For the first time ever you can get access to thousands of suppliers in one location.
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Management
Manage all of your quotes and negotiations between suppliers. Never use a spreadsheet to analyze supplier quotes again.
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Logistics
Track your orders in real time and get access to our transportation network for better pricing.
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Commerce
A marketplace built by steel and technology experts. Manage all of your quotes, find new suppliers, get financing, track shipments all in one place.
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Assistance
With Felux, you get access to industry professionals and technology to help move your business forward.
Read MoreA modern marketplace for steel, aluminum, and more...
Get direct access to thousands of the leading suppliers on a single platform
What Felux customers are saying
Sales
13%
Getting access to new buyers
“Felux helped grow sales by 8% QoQ, in an inventory tight market…. Also, the margin on Felux sourced material was 13% greater than traditional avenues.”CFO - National Trader
Savings
30k
We saved thousands of dollars by working with a new supplier
“The broad ecosystem of steel suppliers that Felux offers is amazing. We saved $30,000 on our first transaction compared to pricing we had previously been paying.”Procurement Manager - National HVAC Manufacturer
Logistics
15%
Save Leveraging the Felux logistics network
“The Felux team provided pricing and visibility that we couldn't access with our resources and size”Regional Service Center - President
About Us
We’re an extension of your team
With Felux, you get access to industry professionals and technology to help grow your business
Get access to the Felux logistics network and end to end visibility with every shipment
Blog
Unlock your steel supply chain
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Understanding why human capital is critical for success in the steel industry