SPARETECH

General Information

Company Name

SPARETECH

Founded Year

2018

Location (Offices)

Stuttgart, Germany +2

Founders / Decision Makers

Number of Employees

Industries

Industrial, Manufacturing, Supply Chain

Funding Stage

Series A

Social Media

SPARETECH - Company Profile

SPARETECH is a German based startup founded in 2018, with a mission to revolutionize spare parts management in the industrial, manufacturing, and supply chain industries. Their MRO software automates spare parts management processes, reducing inventories, costs, and CO2 emissions. The company recently secured a Series A investment of €10.00M on 15 June 2023, with participation from Headline, Insight Partners, and Plug and Play. SPARETECH is trusted by renowned global customers and partners and is headquartered in Stuttgart, Germany, with an international team dispersed across Europe and the U.S.

Taxonomy: MRO software, spare parts management, digital inventory management, sustainable inventory management, CO2 emissions reduction, ERP integration, supply chain optimization, aftermarket services, Industry 4.0 technology, spare parts procurement, global customer base, international team, collaboration platform, digitization of spare part inventories, sourcing optimization

Funding Rounds & Investors of SPARETECH (4)

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Funding Stage	Amount	No. Investors	Investors	Date
Series A	€10.00M	3		15 Jun 2023
Seed Round	€5.30M	7	Christian Reber, Josef Brunner +4	04 Oct 2021
Pre Seed Round	Unknown	5	Frederik Pfisterer, Christian Gaiser +2	01 Feb 2020
Pre Seed Round	Unknown	-		01 Dec 2018