Bloom Raises $3.6M Oversubscribed Seed Round Led by SNAK Venture Partners to Bring Hardware Supply Chains Online

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Detroit-based AI-native marketplace has completed 2,000+ matches for 140+ drone, robotics and mobility companies; new capital expands BloomPay financing and agentic booking.

Bloom, the AI-native marketplace for hardware supply chains, today announced an oversubscribed $3.6 million seed round led by SNAK Venture Partners, with participation from Flyover Capital, Mana Ventures, Detroit Venture Partners (DVP), Family VC, Invest Detroit Ventures (IDV), the Michigan Outdoor Innovation Fund (MOIF), TechNexus and Service Provider Capital (SPC).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261008739048/en/

Bloom co-founders Justin Kosmides (left), Hitesh Chudasam (center) and Chris Nolte (right). (Bloom)

Bloom co-founders Justin Kosmides (left), Hitesh Chudasam (center) and Chris Nolte (right). (Bloom)

America is reindustrializing, but the supply chains behind it still run on limited personal networks and slow procurement. When a team building drones, robots or electric vehicles needs a new contract manufacturer, a freight partner cleared to ship lithium batteries, or a service network in a new state, the search can take months. Reshoring and tariff volatility make it harder: more companies need domestic options from a fragmented provider base.

Bloom replaces that search with one marketplace. Hardware companies post a need once. Bloom structures the request, matches it against vetted engineering, manufacturing, logistics and after-sales service providers, and supports quoting, booking and payment. More than 140 hardware companies have used Bloom, completing more than 2,000 successful matches, and every job makes the next match better.

Bloom will use the new capital to:

  • Expand its business development team to bring more brands and providers onto the platform.
  • Grow BloomPay, its embedded payments and financing product, so brands can pay on terms and providers get paid faster.
  • Scale agentic booking, with AI agents handling more of the intake, matching, quoting, negotiating and scheduling done manually today.

"I spent years doing this the hard way, moving my prior company's production from China to Detroit," said Justin Kosmides, co-founder and CEO of Bloom. "Hardware companies shouldn't need months and a lucky introduction to find a factory that ships on time. Bloom turns that search into a request, a match to a qualified network and a real booking. This round puts capital behind the marketplace, BloomPay and our agents, so the companies reindustrializing America spend their time on product, not procurement."

"We see Bloom becoming a category-defining marketplace for the hardware industry," said Sonia Nagar, co-founder of SNAK Venture Partners. "Early signs of network effects are already there: most brands buy across more than one service category, and providers call Bloom their most productive source of new business. Hardware supply chains have run on 'do you know a guy' for decades. Bloom is bringing them online."

About Bloom

Bloom is an AI-native B2B marketplace building the supply chain infrastructure for American reindustrialization. It connects hardware companies with vetted manufacturing, logistics and after-sales service providers and runs matching, booking and BloomPay financing on one platform. Founded in 2023 by Justin Kosmides, Chris Nolte and Hitesh Chudasama, Bloom is headquartered at Newlab at Michigan Central in Detroit. Learn more at bloomnetwork.ai.

Media kit: https://www.bloomnetwork.ai/press

“We see Bloom becoming a category-defining marketplace for the hardware industry." Sonia Nagar · Co-founder, SNAK Venture Partners

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