KREATIZE

HardwareSeries ABerlin, Germanykreatize.com

Latest round

Series A

Last raised

Dec 2018

Total raised

$4.6M

Investors

2

About KREATIZE

Founded in 2016, KREATIZE GmbH operates out of Berlin, Germany and focuses on automating the procurement process of mechanical components.KREATIZE specializes in the automation of procurement for low-demand mechanical components within the machinery and plant engineering sectors. By leveraging a network of over seventy partner businesses, they simplify ordering processes for clients, ensuring that components meet quality standards and are delivered on time.KREATIZE's revenue model is based on B2B transactions facilitated through their procurement services. Clients identify key components, collaborate with KREATIZE to establish quality specifications and pricing, ensuring fixed costs upon agreement. This structure provides customers with predictable supply and allows them to order materials in bulk, supporting operational efficiency. The company plans to introduce new automation solutions for procurement in the upcoming months and aims to expand its operations beyond Europe into new geographical regions by the end of 2023.

Who invested in KREATIZE

2 investors across 2 rounds

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Funding rounds

  1. Series A

    Dec 5, 2018

    Amount

    $4.6M

    Investors

    Locked

  2. Seed

    Apr 15, 2017

    Amount

    Undisclosed

    Investors

    Locked

Questions about KREATIZE

Who invested in KREATIZE?

KREATIZE has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has KREATIZE raised?

KREATIZE has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did KREATIZE last raise money?

KREATIZE's most recent round on record is a Series A, in Dec 2018.

What does KREATIZE do?

Founded in 2016, KREATIZE GmbH operates out of Berlin, Germany and focuses on automating the procurement process of mechanical components.

Where is KREATIZE headquartered?

KREATIZE is headquartered in Berlin, Germany.

Which VCs invest in companies like KREATIZE?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back hardware companies at KREATIZE's stage. Their profiles are linked below.

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