ProGlove
Latest round
- Series A
Last raised
- Apr 2018
Total raised
- $8.9M
Investors
- 3
About ProGlove
Founded in 2014 in Munich, Germany, ProGlove develops solutions that enhance operational efficiency in industries such as logistics and manufacturing.81 mn.ProGlove specializes in providing innovative wearable barcode scanning solutions designed to enhance efficiency in logistics and manufacturing environments. Their core offerings include the wearable scanner MAI and several models within the MARK product line, such as MARK 3, MARK 2, and MARK Basic. These devices optimize barcode scanning processes, allowing users to scan hands-free, significantly improving workflow and reducing errors. ProGlove's solutions address challenges like worker fatigue, scanning accuracy, and operational speed, contributing to enhanced productivity.48 mn, generated primarily through direct sales of its hardware products and software subscriptions. The company engages in B2B transactions, catering to enterprises seeking to enhance their operational efficiency through integrated wearable and software solutions. The company is focusing on market expansion into North America and Asia, planning to establish a broader presence in these regions by the end of 2023. This strategic investment will also support ongoing product development efforts to meet evolving customer needs.
Who invested in ProGlove
3 investors across 2 rounds
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Questions about ProGlove
Who invested in ProGlove?
ProGlove has 3 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 ProGlove raised?
ProGlove has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did ProGlove last raise money?
ProGlove's most recent round on record is a Series A, in Apr 2018.
What does ProGlove do?
Founded in 2014 in Munich, Germany, ProGlove develops solutions that enhance operational efficiency in industries such as logistics and manufacturing.
Where is ProGlove headquartered?
ProGlove is headquartered in Munich, Germany.
Which VCs invest in companies like ProGlove?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back hardware companies at ProGlove's stage. Their profiles are linked below.
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