Detroit-based startup Bloom announced on Wednesday, October 7, 2026, that it has secured USD 3.6 million in a seed funding round. The capital will support the expansion of its marketplace, which links hardware companies with US-based manufacturers and supply-chain providers. SNAK Venture Partners led the investment round, with additional backing from Flyover Capital, Mana Ventures, Detroit Venture Partners, Invest Detroit Ventures, and the Michigan Outdoor Innovation Fund.
Established in 2023, Bloom first concentrated on assisting mobility companies with logistics, manufacturing, and supply-chain difficulties. Over time, the company broadened its focus to serve robotics startups, drone manufacturers, and other hardware businesses aiming to develop domestic supply chains. The business currently brands its platform as an artificial intelligence-driven marketplace dedicated to American manufacturing.
Bloom Shifts From Services to a Marketplace Model
In its early days, Bloom executed certain operational tasks internally, such as manufacturing and logistics. Yet, as the need for production within the United States increased, the firm transitioned to operating strictly as a marketplace.
Through the platform, hardware businesses can outline their manufacturing and supply-chain requirements, enabling suppliers to submit bids. Furthermore, Bloom manages the quoting, booking, and payment processes. The portal offers various services, including contract manufacturing, engineering, assembly, warehousing, freight, and repairs.
The company reports that it has successfully facilitated more than 2,000 matches for upwards of 140 companies, accumulating an expanding database of transactions and suppliers.
AI Helps Companies Find the Right Suppliers
To assist businesses in locating appropriate suppliers instead of merely looking up separate parts, Bloom deploys proprietary supply-chain AI agents. This platform merges publicly accessible details regarding manufacturers with information supplied straight from the vendors.
Approximately 30% to 40% of Bloom’s supplier data originates directly from the companies themselves, and platform transactions generate the remaining data. This methodology aims to assist hardware startups in securing manufacturers equipped for intricate needs that extend beyond a solitary component purchase.
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Funding Will Support Bloom’s Expansion
This fresh capital injection follows accelerating momentum that persuaded SNAK Venture Partners to back the firm after previously declining to participate in Bloom’s pre-seed round. SNAK noted that Bloom’s revenue during the first five months of the year matched its total for all of 2025, while platform memberships experienced a fivefold growth alongside minimal churn.
Justin Kosmides, Bloom’s CEO, views the enterprise as an AI-powered equivalent of the manufacturing marketplace framework popularized by Alibaba in China. The startup aims to simplify the discovery of domestic suppliers for US hardware companies while opening up fresh business prospects for smaller manufacturers. Bloom states that its network currently encompasses more than 500 US providers spanning over 1,000 locations.
