# Surplussteel

**Source:** https://www.startuphub.ai/startups/surplussteel
**Profile type:** Startup

> AI-powered platform for optimizing steel procurement and supply chain management.

## About

Surplussteel leverages AI to provide a digital marketplace for steel, aiming to streamline procurement, reduce waste, and improve efficiency in the steel industry. Their platform connects buyers and sellers, offering real-time pricing, inventory management, and logistics optimization.

## Key facts

- **Slug:** surplussteel
- **Website:** https://surplussteel.ai
- **Location:** Tel Aviv, Israel
- **Founded:** 2026-05-25
- **Operating status:** Active
- **Total funding:** $1M
- **Sectors / tags:** AI, Supply Chain Management, Industrial Automation, Marketplace, Construction Tech, Manufacturing, Enterprise Software, Generative AI, Foundation Model, AI Tool

## Frequently asked

### What does Surplussteel do?

Surplussteel leverages AI to provide a digital marketplace for steel, aiming to streamline procurement, reduce waste, and improve efficiency in the steel industry. Their platform connects buyers and sellers, offering real-time pricing, inventory management, and logistics optimization.

### What is Surplussteel's revenue?

StartupHub estimates Surplussteel's annual revenue at $432K (range $242K to $860K, 34% confidence), based on comparable companies in the sector.

### What is Surplussteel's valuation?

StartupHub estimates Surplussteel's effective valuation at $3.6M (range $2.5M to $6.0M, 12% confidence), based on comparable companies in the sector.

### How much funding has Surplussteel raised?

Surplussteel has raised a total of $1M in funding. The most recent round on record is Seed.

### Where is Surplussteel headquartered?

Surplussteel is headquartered in Tel Aviv, Israel.

### When was Surplussteel founded?

Surplussteel was founded in 2026.

### What industry does Surplussteel operate in?

Surplussteel operates in AI, Supply Chain Management, Industrial Automation, Marketplace, Construction Tech, Manufacturing.

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