The company originally launched to help e-bike and e-scooter companies outsource logistics, manufacturing and supply chain challenges. But after Donald Trump's re-election and the subsequent wave of tariffs, demand for domestic supply chains surged beyond mobility into robotics, drones and other hardware. Bloom responded by pivoting to a pure marketplace model, using supply chain AI agents that help customers find specific suppliers, parts and manufacturing services.
CEO Justin Kosmides described the startup as an AI-driven version of what Alibaba did for contract manufacturers in China. The reinvention slowed fundraising, but Bloom has now made over 2,000 matches for more than 140 companies. By May of this year, the company had made as much revenue in five months as it did in all of 2025, and SNAK reported that memberships on the platform had grown fivefold with low churn.
SNAK first met Bloom in April 2025 but passed on the pre-seed round. "We liked the founder and the thesis and passed anyway: we wanted to see more traction," the firm wrote in a blog post. After tracking progress, SNAK led the seed round. "This is meant to reiterate that for us, a pass on pre-seed is not always a pass forever."
Kosmides noted the difficulty of fundraising in an environment where improving AI models force startups to prove their value. "To find investors to actually write a term sheet, not follow one, is getting harder and harder," he said. He added that he is "excited to be done with fundraising and get back to building."