ThomasNet

ThomasNet

ThomasNet® - Product Sourcing and Supplier Discovery Platform. Learn more

Launch date
Employees
Market cap
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Enterprise valuation
€273m (Public information from Dec 2021)
New York City New York (HQ)
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DateInvestorsAmountRound
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N/A

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$300m

Valuation: $300m

Acquisition
Total Funding-

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Thomasnet.com operates as a comprehensive platform dedicated to connecting industrial and manufacturing businesses with qualified B2B buyers. The company specializes in offering marketing services tailored for OEMs (Original Equipment Manufacturers), custom manufacturers, and distributors. Thomasnet.com serves a diverse client base, including engineers, MROs (Maintenance, Repair, and Operations professionals), and procurement specialists, who rely on the platform for product discovery and supplier selection.

The business model revolves around providing digital marketing strategies, product data management, and eCommerce solutions. Thomasnet.com generates revenue through various services such as supplier profile listings, analytics, and business intelligence tools. The platform's unique selling proposition includes the Thomas Navigator eCommerce platform, which is specifically designed for industrial distributors and OEMs, offering support from engineers and project managers.

Thomasnet.com also offers a Verified Program, which has proven to increase traffic and RFQs (Requests for Quotes) for participating companies. This program helps industrial businesses enhance their digital marketing impact, leading to increased sales activity and revenue growth.

Keywords: industrial marketing, B2B buyers, OEMs, custom manufacturers, digital marketing, eCommerce solutions, product data, supplier selection, business intelligence, RFQs.

Tech stack

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