Reibus International is an independent digital marketplace tailored for the metals industry, aiming to streamline the buying, selling, and logistics of metal products while also providing financial solutions to ensure transactions proceed smoothly. Their platform connects buyers and sellers, offering an array of listings and real-time leads, helping to save time and money by providing immediate access to a vast network of suppliers and buyers. They also provide market intelligence through their platform, furnishing industry news and data from multiple sources to aid in making informed decisions1.
Delving deeper into its inception, Reibus was established to tackle the pressing challenges in the metal supply chain that the founders had experienced over decades in the metals sector. These challenges included long lead times, inconsistent demand, purchase price volatility, significant inventory values, and prolonged cash cycles, which often made it difficult and costly to maintain the right inventory at the right time. The mission behind Reibus is not only to rectify these issues but to improve the global industrial materials industry as a whole. The company values courage, curiosity, grit, ownership, and honesty, and these core values are the pillars upon which they build their team and operate2.
Their journey began in May 2018 with the launch of their platform focusing on Carbon Flat-Roll Material. Over the years, they’ve added various product lines including Aluminum, Stainless Products, Long Product, Pipe, and Tube. They achieved their first million-dollar deal in May 2020, and have also secured funding in Series A and Series B rounds in 2021. They’ve expanded their operations to Canada, Europe, and Mexico, and have introduced a mobile app, a financing solution, and a logistics solution to further enhance the user experience and the services they provide. These milestones hint at a rapidly growing and evolving platform committed to solving the metal industry’s supply chain problems through technology and a team aligned with its core values2.