The company's founders have a background in chemicals and programming, and Knowde perfectly combines these two fields. Having previously worked for another chemicals marketplace, Chempoint, Knowde's CEO launched the business with a view to creating the chemical industry's first true online marketplace - the go-to online store for multiple verticals including food, pharmaceuticals, and household & industrial chemicals.

Across the world, trillions of dollars worth of chemical transactions are happening every year, and Knowde makes its money by taking just a small percentage of these transactions. Over 8000 suppliers currently sell goods on Knowde, showcasing that it has played a major part in the digitization of the industry so far, and there are thousands more potential clients on the market, giving the company vital space to grow.