Corbel raises $6.7M, bringing AI to industrial equipment sales
The company facilitated $1.7M in financing across 41 transactions
Corbel, an AI-powered operating system for industrial equipment manufacturers, has raised $6.7 million in seed funding led by Ibex Investors with participation from Joule Ventures, Restive Ventures and Selah Ventures.
The company aims to modernize how complex machinery is sold by using AI agents to automate configuration, pricing, quoting and financing for manufacturers, distributors and resellers, according to an Oct. 15 Corbel release. Designed to address an industry still reliant on manual data entry and outdated sales tools, Corbel transforms product data into AI-native intelligence that powers smarter selling and personalized customer experiences.
Its platform streamlines operations by integrating detailed machine data — from specifications and pricing to sales transcripts — enabling sales teams to guide buyers more effectively and close deals faster. Since launching its broader sales platform, Corbel has processed more than $60 million in quoting volume and facilitated $1.7 million in financing across 41 transactions,.
The technology is already in use by eight manufacturers across sectors such as metalworking, woodworking and additive manufacturing, according to the release. With the new funding, Corbel plans to expand its engineering and go-to-market teams, strengthen its AI capabilities and scale partnerships with major original equipment manufacturers throughout North America.
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