Today, his startup, Material Bank, is the latest fast-growing marketplace to get love from investors. “The feedback we got from investors is that we have built a one-of-one business,” Sandow says. Though he still owns 100% of Sandow’s media business, he stepped back from day-to-day operations. In 2018, he launched Material Bank with the idea of helping designers and architects source the materials they need. Material Bank was an early customer for Locus’ autonomous mobile robots, which it calls “LocusBots,” in 2018, when it purchased ten of them as a test.

Source: Forbes May 06, 2021 12:00 UTC