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SPARETECH logo — Enterprise MRO software

SPARETECH

Enterprise MRO software

Founded 2018 Germany Stuttgart, Germany 106 employees Series A Total: $15.00M Industrial, Manufacturing +1

General Information

Company Name SPARETECH
Founded Year 2018
Location Germany Stuttgart, Germany +3
Founders / Decision Makers
Team member
Employees 106
Industries Industrial, Manufacturing, Supply Chain
Funding Stage Series A
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About SPARETECH

SPARETECH, a Germany-based company founded in 2018, is revolutionizing the industrial sector with its Enterprise MRO Software. Catering specifically to maintenance and procurement teams within the manufacturing industry, SPARETECH empowers its clients to efficiently reduce spending and optimize spare parts inventory.

With the industry's largest spare part catalog coupled with proprietary matching technology, the company aims to achieve a zero-waste industrial sharing economy. By offering AI-powered recommendations for daily decision-making, SPARETECH enables businesses to source spare parts within and beyond their production network, effectively curbing unnecessary purchases.

In a recent funding round on 01 June 2023, SPARETECH secured a €10.00M Series A investment. This round was backed by prominent investors including Insight Partners, Christian Edler, Martin Ventures, Plug and Play, and a host of influential individual investors.

Taxonomy: Enterprise MRO Software, Spare Parts Management, Inventory Optimization, AI-powered Recommendations, Digital Inventory Management, ERP System Integration, Industrial Sharing Economy, Sourcing Optimization, Maintenance Procurement, Industrial Aftermarket Services, Industry 4.0, Data Standardization, Proprietary Matching Technology, Collaboration Platform, Stammdatenmanagement

Services & Products

Global Spare Parts Search
Automated BOM Check
Data Lifecycle Management
Spare Parts Deduplication
Digital Workflow Solutions

Target Customers

Manufacturing Companies Maintenance Teams Procurement Leaders Director of Operations Master Data Managers

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 15
Investor Investor Investor Investor
•••• •••• 		01 Jun 2023
Seed •••••• - 01 Jul 2021
Seed •••••• - 01 Feb 2020
Seed •••••• - 01 Dec 2018

SPARETECH Alternatives & Competitors

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SPARETECH vs
kheoos
kheoos France

Make the most of your maintenance spare parts

Seed
18 employees
Manufacturing
Compare SPARETECH vs kheoos
SPARETECH vs
Garage Mobility (YC S22)
Garage Mobility (YC S22) Ghana

We're connecting the worlds largest parts distributors and manufacturers to retailers in Africa

Pre Seed
62 employees
E-Commerce
Compare SPARETECH vs Garage Mobility (YC S22)
SPARETECH vs
Meri Garage®️
Meri Garage®️ India

Empowering Garages. Digitizing Garages. B2B SAAS based solutions for Automotive Aftermarket 2W/4W Se...

Seed
10 employees
Automotive
Compare SPARETECH vs Meri Garage®️
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FAQ About SPARETECH

Enterprise MRO software
SPARETECH was founded in 2018.
SPARETECH is headquartered in Stuttgart, Germany.
SPARETECH operates in the following industries: Industrial, Manufacturing, Supply Chain.
SPARETECH has approximately 106 employees.
SPARETECH has completed 4 funding rounds, raising a total of $15.00M. The latest funding stage is Series A.
SPARETECH offers: Global Spare Parts Search, Automated BOM Check, Data Lifecycle Management, Spare Parts Deduplication, Digital Workflow Solutions.
Top alternatives and competitors to SPARETECH include kheoos, Garage Mobility (YC S22), Meri Garage®️, Global Impex, eaf computer service supplies GmbH. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SPARETECH and kheoos are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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