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Volition
Organizing the world of industrial components by creating a marketplace built specifically to help hardware teams find and buy all of the components and tools to build their products
About Volition
Volition operates as a marketplace for industrial components, specifically targeting hardware teams. The platform functions as a search engine for industrial and mechanical parts, boasting a catalog of over 30 million products from approximately 9,000 OEMs. This allows users to compare options for various components and discover unique or hard-to-find items.
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The company's core offering is a data processing system that ingests and standardizes supplier data, making it easily searchable. This system is designed to facilitate rapid searching and filtering across a multitude of suppliers. For suppliers, Volition offers a platform to showcase their products to a targeted audience, with the promise of brand transparency and direct shipping to customers.
The business model appears to be centered around connecting buyers and sellers in the industrial component market. Revenue is likely generated through a commission on transactions or a subscription fee for suppliers to be listed on the platform. By providing a centralized and efficient sourcing solution, Volition aims to streamline the procurement process for hardware teams and enhance the market reach for component suppliers.
At a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- San Francisco, United States
- Employees
- 5
- Open positions
- None listed
- Dealroom signal
- 58.9/100
- Industry
- Robotics, Engineering and Manufacturing Equipment
- Sector
- Robotics, Hard Tech
- Business model
- Marketplace & ecommerce
- Client focus
- b2b
- Investment activity
- 1 company
- Capital deployed
- —
- Preferred round
- Unknown
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VCOther financing | May 2023 | $11M | $44M | Quiet Capital · Newark Venture Partners | ↗ |
| SEEDOther financing | Dec 2019 | $0 | — | Quiet Capital | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Volition is 18K monthly website visits, up 0% over the last three months. Volition's team declined 50% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Series A1 investor entered at this stage
Newark Venture Partners
Other known investors4 additional known investors
Humba Ventures
Lachy Groom
Lemnos Labs
Western Technology Investment
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Volition on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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