Dive Brief:

• MaterialTracker is a new company that hopes to match up contractors who have too much or too little material at jobs.
• The company will have a website that matches up contractors who could take care of each other's needs to sell extra and buy more and gives them confidential contact information for each other.
• Contractors can list what they need or want to sell and also set distance parameters for how far they want to drive.

Dive Insight:

The site sounds like a natural, though the backer, Three Cords LLC, does not say how it will make money by providing the site, which is MaterialTracker.com. The site indicates that any material used in construction and not contaminated in any way can be listed by contractors who create accounts. It also says that it expects to have an advertising option in the future.