# Spectral TMS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spectral-tms

- Industry: Software
- Headquarters: Paris, France
- Website: www.spectraltms.com
- Total disclosed funding: $2.4M
- Latest round: Seed (Nov 23, 2022)
- Investors on record: 2

## About

Spectral TMS SAS develops advanced Augmented Reality (AR) solutions tailored for industrial applications, enhancing operational efficiency by providing real-time guidance to technicians during maintenance and production processes.Founded in 2018 and headquartered in Paris, France, Spectral TMS SAS specializes in augmented reality applications for industrial settings. The company has secured EUR 1.2 million in Seed funding led by Elaia Partners in November 2022, valuing the firm at EUR 5.16 million post-money. Gergely Takács currently serves as CEO, while the founders Amaury Cottin and Maxence BOUCAS have previously contributed to the company's development. To date, Spectral has successfully completed 3 funding deals.Spectral offers an advanced Augmented Reality (AR) solution specifically designed for industrial applications, enabling real-time guidance for technicians during their daily tasks. The core product, Spectral, streamlines the digitalization of maintenance and production processes, addressing key operational challenges such as calibration, quality control, preventive maintenance, and training of new employees. This solution allows technicians to access essential procedures and operational steps through wearable AR devices, effectively enhancing their efficiency and reducing execution errors by 99% and execution time by 80%. The platform is designed to be intuitive and accessible, enabling users to create operational modes with ease. Spectral caters primarily to industrial sectors across various geographical markets, including Europe and North America, serving a diverse client base of manufacturing and maintenance firms seeking to improve their operational effectiveness.The revenue model for Spectral is structured around a business-to-business (B2B) framework, where companies subscribe to the AR solution or purchase access to the platform and services. Clients may engage in partnerships that facilitate the integration of Spectral's technology into their existing workflows, with potential options for training and ongoing support. Pricing plans may include tiered subscription rates based on the scale of use or the number of users, alongside opportunities for customized solutions tailored to specific client needs. Spectral's flagship offerings, including the Spectral Studio for creating operational content and the AR headset for real-time guidance, serve as the foundation for these transactions, ensuring that clients receive comprehensive support throughout their engagement with the solution.In November 2022, Spectral TMS SAS raised EUR 1.2 million in Seed funding, which will be used to develop its product and invest in market acceleration. The company aims to launch new features for its AR solution and expand into additional geographic regions, focusing on North America and specific markets in Europe by the end of 2024. The funding will facilitate the enhancement of the platform and support strategic initiatives to reach a wider client base.

## Funding rounds

- Seed, Nov 23, 2022, $1.2M — Elaia Partners, Go Capital
- Seed, Sep 9, 2020, $1.2M — Elaia Partners

## Investors

- Elaia Partners (https://capitalatlas.ai/funds/elaia-partners) — Seed
- Go Capital — Seed