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ToolSense

You’re Losing Money From Outdated Asset Management. Maximize Uptime, Minimize Cost & Stay Compliant.

Founded 2017 Austria Austria 56 employees Series A Total: $11.00M Analytics, Computing +5

General Information

Company Name ToolSense
Founded Year 2017
Location Austria Austria +1
Employees 56
Industries Analytics, Computing, Information Technology +4
Funding Stage Series A

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About ToolSense

ToolSense provides an Asset Operations Platform focusing on revolutionizing traditional asset management practices. Founded in 2017 in Austria, the company recently secured an impressive €8.00M Series A investment on 12 December 2022 from notable investors including aws Gründerfonds, Matterwave Ventures, PwC, Sander van de Rijdt, Ibrahim Imam.

Addressing various industries like construction, facility management, aviation, healthcare, and hospitality, ToolSense offers a tailored solution for streamlining operations, maintenance, and repairs with real-time data analytics. The platform's key features include asset management, IoT hardware integration, maintenance management, and safety and inspection procedures.

ToolSense's solutions aim to improve overall operational efficiency, reduce maintenance costs, and minimize unplanned downtime. The company boasts a clientele that includes renowned names such as ISS, STIHL, JLL, Compass Group, SPIE, and Vinci.

With an emphasis on the significance of embracing digital transformation, ToolSense encourages businesses to transition from traditional, paper-based management processes to a more efficient, cost-effective, and compliant approach. Learn more at www.toolsense.io.

Taxonomy: IIoT, Business Process Automation, Workflow Digitization, Field Service Management, Asset Tracking, CMMS, Maintenance Management, Predictive Maintenance, Compliance Management, Inventory Management, Fleet Management, Operations Efficiency, Cost Reduction

Services & Products

Comprehensive Asset Operations Platform with IoT integration and AI automation

Target Customers

Asset-intensive industries equipment manufacturers dealers facility managers construction companies agricultural enterprises food and beverage producers hospitality providers

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 5
Investor Investor
•••• ••••
12 Dec 2022
Seed Round •••••• 5
Investor Investor Investor
•••• ••••
29 Jul 2020
Seed Round •••••• 2
Investor
•••• ••••
24 Oct 2018
Pre Seed Round •••••• 2
Investor
•••• ••••
29 Sep 2017

ToolSense Alternatives & Competitors

ToolSense vs

Reduce downtime, increase production capacity

Seed
21 employees
Manufacturing
ToolSense vs
Connixt
Connixt United States

Digital Transformation Simplified - From the last mile to the first People | Assets | Material

10 employees
Applications, Computing
ToolSense vs
MaintainX
MaintainX United States

Manage your maintenance and operations without the paper stacks.

Series D
826 employees
B2B, Finance

FAQ About ToolSense

You’re Losing Money From Outdated Asset Management. Maximize Uptime, Minimize Cost & Stay Compliant.
ToolSense was founded in 2017.
ToolSense is headquartered in Austria.
ToolSense operates in the following industries: Analytics, Computing, Information Technology, Prop Tech, SaaS, AgriTech, Maintenance.
ToolSense has approximately 56 employees.
ToolSense has completed 4 funding rounds, raising a total of $11.00M. The latest funding stage is Series A.
ToolSense offers: Comprehensive Asset Operations Platform with IoT integration and AI automation.
Top alternatives and competitors to ToolSense include Fabrico OEE and CMMS, Connixt, MaintainX, Hoseright, MonoM. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ToolSense and Fabrico OEE and CMMS 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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