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Volition Secures $11 Million in Seed Funding to Revolutionize Industrial Component Sourcing.

Volition Secures $11 Million in Seed Funding to Revolutionize Industrial Component Sourcing.

May 30, 2023

San Francisco, CA — Volition, a pioneering company in the manufacturing industry, announced today that it has successfully raised $11 million in a seed funding round. The investment was led by prominent venture capital firms Quiet Capital and Susa Ventures, with participation from Newark Venture Partners and Julian.capital. This funding round marks a significant milestone for Volition as it seeks to transform the landscape of industrial component sourcing.

Volition, founded by visionary entrepreneur Nick Pinkston, is headquartered in San Francisco, CA, and has quickly gained recognition for its innovative approach to streamlining the process of finding and procuring industrial components and tools. By harnessing cutting-edge technology, Volition offers hardware teams a comprehensive platform that facilitates seamless access to an extensive catalog of components, empowering them to build high-quality products efficiently.

Unlike traditional parts stores, Volition leverages its partnerships with a diverse network of top-tier suppliers, importing their catalogs and product data. Through its proprietary core technology, the company effectively organizes and curates a vast array of millions of components, enabling users to navigate through the catalog with intuitive filters that facilitate efficient comparison and selection across multiple vendors.

"Volition is on a mission to revolutionize how hardware teams source and acquire industrial components," said Nick Pinkston, Founder and CEO of Volition. "This funding round is a testament to the value we provide and the confidence investors have in our vision. With the support of Quiet Capital, Susa Ventures, Newark Venture Partners, and Julian.capital, we are poised to accelerate our growth and expand our reach in the manufacturing industry."

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