Sparetech

SoftwareSeries AStuttgart, Germanysparetech.io

Latest round

Series A

Last raised

Jul 2023

Total raised

$17M

Investors

10

About Sparetech

Founded in 2018 and based in Stuttgart, Germany, Sparetech GmbH, operates as a provider of a spare part management platform used to digitize their spare part inventory to determine their actual demand, find the right part either outside or inside their production network, and compare components from various vendors. The company offers an availability platform, SPARETECH algorithms and matching, material master matching, semantic data management, big data, and automated data processing solutions. The company also provides cross-site warehouse management systems,  identification of duplicates and completion, and enterprise resource planning (ERP) solutions catering to Excel, CSV files, or other file formats.

Who invested in Sparetech

10 investors across 2 rounds

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Funding rounds

  1. Series A

    Jul 28, 2023

    Amount

    $11M

    Investors

    Locked

  2. Seed

    Jul 27, 2021

    Amount

    $5.9M

    Investors

    Locked

Questions about Sparetech

Who invested in Sparetech?

Sparetech has 10 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 Sparetech raised?

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

When did Sparetech last raise money?

Sparetech's most recent round on record is a Series A, in Jul 2023.

What does Sparetech do?

Founded in 2018 and based in Stuttgart, Germany, Sparetech GmbH, operates as a provider of a spare part management platform used to digitize their spare part inventory to determine their actual demand, find the right part either outside or inside their production network, and compare components from various vendors.

Where is Sparetech headquartered?

Sparetech is headquartered in Stuttgart, Germany.

Which VCs invest in companies like Sparetech?

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

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