Smart Steel Technologies

SoftwareSeries ABerlin, Germanysmart-steel-technologies.com

Latest round

Series A

Last raised

Dec 2021

Total raised

$2.4M

Investors

3

About Smart Steel Technologies

Founded in 2019 in Berlin, Germany, Smart Steel Technologies GmbH focuses on delivering software solutions for the steel industry.53 mn.Smart Steel Technologies (SST) offers a suite of advanced production planning software solutions designed specifically for the steel industry. Their core products include the SST Short-Term Scheduler, SST Long Product Scheduler, SST Mid-Term Planner, and SST Material Allocator, among others. These tools are engineered to optimize various aspects of steel production, addressing challenges related to yield, throughput, inventory management, and resource allocation. For instance, the Short-Term Scheduler enhances short-term production planning efficiency, while the Mid-Term Planner facilitates scenario simulation and forecasting, eliminating uncertainties in production cycles.For the fiscal year 2022, Smart Steel Technologies reported revenue of EUR 1,853,059. The company’s revenue model is primarily structured around B2B transactions, offering their software solutions through subscription agreements.Smart Steel Technologies GmbH is poised for growth with plans to launch new products designed to enhance production planning further. The company aims to expand into new geographic markets, specifically targeting regions in Asia and North America by the end of 2024.

Who invested in Smart Steel Technologies

3 investors across 3 rounds

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Funding rounds

  1. Series A

    Dec 2, 2021

    Amount

    Undisclosed

    Investors

    Locked

  2. Seed

    Sep 22, 2020

    Amount

    Undisclosed

    Investors

    Locked

  3. Seed

    Nov 6, 2019

    Amount

    $2.4M

    Investors

    Locked

Questions about Smart Steel Technologies

Who invested in Smart Steel Technologies?

Smart Steel Technologies has 3 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Smart Steel Technologies raised?

Smart Steel Technologies has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Smart Steel Technologies last raise money?

Smart Steel Technologies's most recent round on record is a Series A, in Dec 2021.

What does Smart Steel Technologies do?

Founded in 2019 in Berlin, Germany, Smart Steel Technologies GmbH focuses on delivering software solutions for the steel industry.

Where is Smart Steel Technologies headquartered?

Smart Steel Technologies is headquartered in Berlin, Germany.

Which VCs invest in companies like Smart Steel Technologies?

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

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