LandscapeHub, a Chicago, IL-based provider of an online B2B marketplace that connects buyers and suppliers, raised $4.4m in seed funding and $1 million in venture debt.
The round was led by Chicago Ventures with participation from Hyde Park Venture Partners. Silicon Valley Bank provided the debt financing.
The company will use the funding to continue building its platform, accelerate growth, and to support sales, marketing, and logistics.
Led by Lisa Fiore, Founder and CEO, and Chad Cooper, co-founder and CTO, LandscapeHub is a B2B marketplace with a custom procurement tool that connects buyers and suppliers (nurseries, distributors, quarries, manufacturers, and brokers) of plants and hardscape products for landscape projects.
The solution applies digital technology to optimize the procurement process for the nursery and landscape green industry.
Buyers currently have access to over six million plants provided by 85+ suppliers on the site with representation in 12 states.