
GMEX delivers services for the industrial metal market that are fair, convenient, competitive, and profitable; GMEX increases efficiency, lowers overhead, generates leads, and increases sales. We cater our services to master distributors, distributors, suppliers, OEMs, fabricators, machine shops, and contractors. Our customers’ industries are diverse, varying from aerospace, oil & gas, mining & minerals, heavy machinery, construction, and general manufacturing. Our goal over time is to develop a united, substantial, and innovative community that self-sustains the interactions of buying and selling materials within a reliable marketplace where anonymity is trusted and quality products are in abundance. In addition to the exchange, we offer our GMEX Calculator for running real time comparables, Industry News, Conversion Calculators, Service Center Locator, and a Learning Center for those wanting to expand their knowledge of the industry. On one easy-to-use website, we provide everything needed to save time, money, and manpower. Our dedicated team of highly skilled professionals, state of the art data-management technology, independent perspective, and total commitment to providing our customers with superb service, are what have made GMEX the best resource for distributors to acquire new customers, for buyers to source their material more efficiently, and for the entirety of the metal industry to build a cohesive, lifelong relationship.

GMEX delivers services for the industrial metal market that are fair, convenient, competitive, and profitable; GMEX increases efficiency, lowers overhead, generates leads, and increases sales. We cater our services to master distributors, distributors, suppliers, OEMs, fabricators, machine shops, and contractors. Our customers’ industries are diverse, varying from aerospace, oil & gas, mining & minerals, heavy machinery, construction, and general manufacturing. Our goal over time is to develop a united, substantial, and innovative community that self-sustains the interactions of buying and selling materials within a reliable marketplace where anonymity is trusted and quality products are in abundance. In addition to the exchange, we offer our GMEX Calculator for running real time comparables, Industry News, Conversion Calculators, Service Center Locator, and a Learning Center for those wanting to expand their knowledge of the industry. On one easy-to-use website, we provide everything needed to save time, money, and manpower. Our dedicated team of highly skilled professionals, state of the art data-management technology, independent perspective, and total commitment to providing our customers with superb service, are what have made GMEX the best resource for distributors to acquire new customers, for buyers to source their material more efficiently, and for the entirety of the metal industry to build a cohesive, lifelong relationship.
What they do: Online marketplace connecting buyers and sellers of finished steel and metal products, automating price comparison and supplier matching
Primary customers: Master distributors, distributors, suppliers, OEMs, fabricators, manufacturers, contractors
Business model: Earns commission on completed orders / acts as agent/concierge for sourcing
Founded / funding signal: Seed round announced Feb 21, 2013; disclosed investor SURGE Accelerator
Industrial metal/steel procurement and distribution inefficiencies
Industrial marketplace / Metal & steel distribution
Seed round announced; amount obfuscated in profiles
$5.0M
Series A reported in some profiles; figures noted as partially obfuscated in sources