John Armstrong founded Reibus in 2018 to solve a problem he faced in his corporate career and to create an enjoyable workplace. He and his partner developed a metal exchange platform offering more customization and availability for the construction industry.
At Atlanta Tech Park, Reibus received coaching and advisory services, which helped them manage their budget, financials, pitch, and platform questions. Over the years, they expanded into multiple offices and grew their staff to over 30.
In 2021, Reibus outgrew the Park and moved to a larger space to support their growth. They quickly expanded internationally, opening a European headquarters in Germany and appointing a country director for Canada. That year, their staff grew to over 300, and revenue increased sevenfold compared to 2020. From 2022 to 2023, their North American transaction volume for metal sales and logistics grew by more than 50%.
Reibus is committed to sustainability, having achieved carbon neutrality and pioneered carbon reduction solutions for steel production. Now valued at over $750 million, Reibus is the fastest-growing startup in Atlanta. They have offices in Atlanta, Germany, and Mexico, and in 2022, they acquired the Sweden-based steel and metals trading company Stålgossen. As an alumnus of Atlanta Tech Park, John continues to support the community and participate in events. Learn more about Reibus.