ToolSense
Latest round
- Series A
Last raised
- Dec 2022
Total raised
- $12M
Investors
- 6
About ToolSense
ToolSense GmbH specializes in developing solutions for asset management. Founded in 2017 and headquartered in Vienna, Austria, the company was established by Alexander Manafi, Benjamin Petterle, and Rostyslav Yavorskyi.ToolSense provides an advanced Asset Operations Platform designed to optimize asset management across various industries, including construction, education, energy, and facility management. The core offerings include work order management, maintenance management, parts and inventory management, and equipment safety inspections, all powered by IoT technology and AI-driven analytics. These solutions streamline operations by facilitating real-time tracking of assets, automating maintenance workflows, and enhancing data-driven decision-making. ToolSense caters to a diverse clientele that includes equipment manufacturers, facility managers, and educational institutions, primarily serving markets in Europe, North America, and Asia.ToolSense operates on a subscription-based revenue model, catering primarily to business-to-business (B2B) clients. The transactions typically involve annual or monthly subscription fees based on the number of assets managed within the platform. Clients gain access to a suite of services, including real-time fleet tracking, maintenance management, and customized reporting tools. Pricing structures are designed to accommodate various client needs, ranging from small operations to large enterprises, enabling organizations to scale their usage as needed. The company plans to expand its offerings with new products aimed at enhancing asset management capabilities, although specific release dates have not been disclosed. ToolSense is also targeting expansion into new geographic markets, focusing on increased presence in North America and Asia by the end of 2023.
Who invested in ToolSense
6 investors across 3 rounds
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Questions about ToolSense
Who invested in ToolSense?
ToolSense has 6 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 ToolSense raised?
ToolSense has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did ToolSense last raise money?
ToolSense's most recent round on record is a Series A, in Dec 2022.
What does ToolSense do?
ToolSense GmbH specializes in developing solutions for asset management.
Where is ToolSense headquartered?
ToolSense is headquartered in Vienna, Austria.
Which VCs invest in companies like ToolSense?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at ToolSense's stage. Their profiles are linked below.
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