Materialspace AI Inc.
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Materialspace AI Inc. - overview
Established
2024
Location
Tel Aviv, -, Israel
Primary Industry
Software
About
Materialspace AI Inc. , based in Tel Aviv, Israel, specializes in an AI-driven platform for the kitchen and bath industry, enhancing project estimation, design, and ordering processes with innovative technology. Founded in 2024 in Tel Aviv, Israel, Materialspace AI Inc. provides an AI-powered platform tailored for the kitchen and bath sector.
The founders, Nadav Palmor and Yoash Palmor, aim to revolutionize how industry players estimate and design projects. The company raised USD 7. 000 mn in a Seed funding round on January 2026, with contributions from GC Ventures, Maccabee Ventures, Secret Chord Ventures, StageOne Ventures, and Timber Grove Ventures. This funding represented the total amount raised by the company.
Materialspace specializes in an AI-driven platform designed specifically for the kitchen and bath industry. The company's core offerings enable users to estimate, price, design, and order projects with enhanced efficiency and accuracy. Their technology automates various workflows, including the detection of unit types, creation of cabinet lists, and measurement of countertops, allowing businesses to improve their estimating capacity by up to four times. Additionally, Materialspace facilitates seamless design processes, transforming blueprints into comprehensive kitchen layouts and generating multiple design options with a single click.
The platform is aimed at kitchen and bath companies across North America and Europe, serving a diverse client base that includes general contractors, cabinet manufacturers, and design firms. Materialspace generates revenue primarily through its subscription-based model, providing its AI-powered platform to kitchen and bath companies on a recurring basis. Clients engage with the platform by subscribing to various service tiers that offer different levels of functionality and support. Revenue transactions occur as businesses utilize the platform for project estimations, pricing scenarios, and design services, facilitating faster bid turnarounds and enhanced operational efficiency.
The company’s flagship offerings, which include advanced estimating tools and design automation capabilities, create significant value for customers, leading to ongoing partnerships and sustained revenue streams. Specific pricing structures for these services are defined based on the scale of usage and the particular needs of the clients, ensuring flexibility and adaptability to various business models. The January 2026 Seed funding will be utilized to automate planning, pricing, and execution workflows for large interior construction projects using its AI platform. The company is also focused on expanding into new markets, particularly targeting additional regions in North America and Europe by the end of 2026, with plans to introduce new product features that enhance user experience and operational efficiency.
Current Investors
StageOne Ventures, Maccabee Ventures, GC Ventures
Primary Industry
Software
Sub Industries
Construction, Engineering Software
Website
www.materialspace.io/
Verticals
Artificial Intelligence, Cloud Computing
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only

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