Laserhub

The company's core offering is a B2B online platform that automates the entire procurement process, from quoting to delivery. Clients, which range from small workshops to large corporations and DAX30-listed companies, can upload CAD drawings of their required parts and receive instant, algorithm-based quotes. Laserhub then matches the order with the optimal manufacturer within its extensive network of producers, managing the production and logistics to ensure timely delivery. This model provides significant efficiency gains, competitive pricing, and reliable delivery times, addressing common industry pain points like long lead times and complex ordering procedures. The business generates revenue by acting as the sole contractual partner for the customer, setting prices, handling invoicing, and managing the entire order fulfillment process.

Laserhub's platform accommodates a variety of manufacturing processes, including laser cutting, bending, CNC turning and milling, tube laser cutting, and additional services like welding, deburring, and powder coating. Initially focused on the German market, the company has expanded its services to Austria, Belgium, France, and Luxembourg, serving over 13,000 customers across Europe. Significant milestones include a Series A funding round in July 2020, led by Acton Capital, and a double-digit million-euro Series B round in June 2022, led by Evli Growth Partners, with participation from new and existing investors such as Project A, Point Nine, and FJ Labs. This capital is being used to expand into new European markets, implement additional processing technologies like welding, and enhance the platform's capabilities with the long-term goal of enabling the procurement of entire assemblies.