Reibus International Raises $30M Funding

Reibus International, an Atlanta, GA-based independent metals marketplace, raised $30M in funding.

Backers included Canaan and Nosara, with HSBC as its banking partner.

The company intends to use the funds to accelerate its next phase of growth and innovation.

Reibus provides an independent technology platform for the procurement and sale of industrial materials in North America. Leveraging industry expertise and advanced technology, the marketplace simplifies complex procurement processes by offering real-time data, analytics, and logistics support, reducing lead times and inventory costs for thousands of buyers, suppliers, and service centers across North America.

The company also announced the appointment of Jared Rowe as its new Chief Executive Officer (CEO) and Chairman of the Board.