Metrobi Raises Seed Funding

Metrobi, a Boston, MA-based tech-powered fulfillment solution for local food and beverage wholesale, raised a seed funding round of undisclosed amount.

The round was led by 212.vc with additional institutional funding from Techstars. Previous investors include Walnut Ventures, TBD Angels as well as notable angel investors.

The company intends to use the funds to expand its solution into new markets and build additional technology for its customers.

Metrobi provides a technology-powered delivery network for local wholesale: delivery of bulk products from local food & beverage makers to grocery stores, restaurants, and cafes. It enables local businesses such as breweries, bakeries, coffee roasters, and beverage makers to launch and grow their wholesale offerings.

Since the COVID19 outbreak, the company grew its customer base by 8X and launched its service in the New York market.

Metrobi is an alum of the competitive Techstars Boston accelerator.

FinSMEs

09/08/2021