3 years ago

YardLink Secures $17.5 Million Series A Funding to Scale Construction Procurement Platform

  • YardLink, a London-based digital procurement startup, has raised $17.5 million in Series A funding led by Beringea, with participation from Amplifier, Speedinvest, and FJ Labs

  • The company plans to use the funds to expand its supplier network nationwide and double its staff to 55 over the next 12-18 months

  • YardLink's platform connects contractors with a network of suppliers for equipment, materials, and services, streamlining the procurement process and reducing carbon footprint by linking contractors with approved local suppliers

  • The company has worked with thousands of customers and projects, including Canary Wharf Contractors, HS2, and Battersea Power Station.

      • ProblemTechnology Infrastructure

      "The construction supply chain is inefficient and complex, with contractors spending hours sourcing and managing equipment, materials, and services. This results in delays, cost overruns, and environmental damage."

      Solution

      "YardLink is a digital marketplace that connects contractors with a network of suppliers, enabling them to source and manage equipment, materials, and services within seconds. This streamlines the procurement process and reduces the carbon footprint of every project by connecting contractors with approved local suppliers."

      Covered on