Synthavo
Latest round
- Seed
Last raised
- Sep 2024
Total raised
- $4.4M
Investors
- 6
About Synthavo
Based in Baden-Württemberg, Germany, and founded in 2020 Synthavo GmbH operates as a provider of an AI-driven Software as a Service (SaaS) platform for object detection in industrial machinery. Some of the firm's clients are Supfina, igus, Heller, NVIDIA, etc. Synthavo GmbH, through its innovative SaaS platform, simplifies the identification and ordering of spare parts via a single smartphone photo. This service is designed for the machinery and equipment sectors, enabling users to quickly recognize and order replacement parts without needing a dedicated application or complex setup. By minimizing errors that often arise from traditional spare part identification methods, Synthavo improves operational efficiency, especially in companies facing skilled labor shortages. Its primary market includes manufacturers and service providers in the engineering and machinery sectors, primarily in German-speaking countries. The platform is particularly beneficial for technicians and service personnel who need fast, accurate access to spare parts for effective maintenance and repair tasks. synthavo's revenue model is based on a subscription framework that facilitates seamless transactions between the company and its clients, primarily operating within a B2B context.
Who invested in Synthavo
6 investors across 1 round
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Funding rounds
Seed
Sep 17, 2024
Amount
$4.4M
Investors
Questions about Synthavo
Who invested in Synthavo?
Synthavo has 6 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Synthavo raised?
Synthavo has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Synthavo last raise money?
Synthavo's most recent round on record is a Seed, in Sep 2024.
What does Synthavo do?
Based in Baden-Württemberg, Germany, and founded in 2020 Synthavo GmbH operates as a provider of an AI-driven Software as a Service (SaaS) platform for object detection in industrial machinery.
Where is Synthavo headquartered?
Synthavo is headquartered in Stuttgart, Germany.
Which VCs invest in companies like Synthavo?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Synthavo's stage. Their profiles are linked below.
VCs backing software startups at Seed
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