BearingBank.com

BearingBank.com Raising 500k - B2B Marketplace in the MRO Industry

BearingBank.com is a Marketplace focused on transforming the MRO industry through advanced automation technology.

We are currently raising a seed round, and we believe our innovative solution will capture significant value in this rapidly growing market.

At BearingBank, we’ve developed a double-sided platform that optimizes the way distributors buy and sell parts, while also driving increased revenue for manufacturers. By integrating our comprehensive database of part numbers and cross-references into a fully transactional marketplace, we help both distributors and manufacturers reduce costs, improve cash flow, and streamline operations.

With the global MRO market on the rise and the increasing demand for more efficient operations, our technology is perfectly positioned to address key challenges and unlock new opportunities for market participants.

BearingBank is bringing tech to an industry 20 years behind advancements, solving the 3 major issues, buying, selling and cross-referencing.
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The Maintenance, Repair, and Operations (MRO) industry is highly fragmented and plagued by inefficiencies in inventory management. Inventory holding costs are escalating, parts replenishment is often delayed, and distributors and manufacturers struggle with outdated processes that don’t support the speed or complexity of modern supply chains. These inefficiencies drive up operational costs, create delays, and reduce profitability, especially in sectors like breakdown and preventive maintenance. 
At BearingBank, we’ve built a Marketplace that optimizes both the buy-side and sell-side processes in the MRO supply chain. Our technology, driven by an extensive database of part numbers and cross-references, enables distributors to streamline their inventory management while driving more sales for manufacturers. We offer real-time inventory, cutting the costs of order placing by over $100 per PO. By integrating this platform into existing operations, businesses can significantly reduce stockouts, improve inventory turns, and ultimately lower their costs and increase cash flow.
What sets BearingBank apart is our dual approach: we not only help distributors optimize inventory and streamline ordering, but we also boost manufacturers' revenues by ensuring their parts are being sold more efficiently. While traditional solutions tend to focus on a fraction of the supply chain, our platform addresses the entire ecosystem, improving efficiency and profitability for all stakeholders. Our user-friendly technology provides ease for participants both to buy and sells parts.
The MRO industry is a $600 billion global market, and it is projected to grow to $701.82 billion by 2032. With companies facing increasing pressure to reduce costs and improve operational efficiency, the demand for automation solutions is higher than ever. The industry is ripe for transformation, with limited solutions. BearingBank is strategically positioned to capitalize on these trends, offering an innovative method that  scales as the market expands.
We have successfully built the software / e-commerce marketplace, including the implementation of our proprietary database. Although we are in the startup phase, the feedback from users has been positive and we are working on implementing additional functionality thats important to members and the supply chain.
Since our inception, we’ve signed several key partnerships with major MRO distributors.
We are currently seeking $500,000 in funding to accelerate our growth. This investment will be used to:

  • Scale our technology infrastructure to support a broader customer base.
  • Expand our sales and marketing efforts to reach new markets and key sectors.
  • Hire additional talent to drive product development and customer success.
  • Implement a global shipping software, allowing for seamless international trade.

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