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ToolSense logo — You’re Losing Money From Outdated Asset Management. Maximize...

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You’re Losing Money From Outdated Asset Management.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
Employees 56
Industries Analytics, Computing, Information Technology +4
Funding Stage Series A
Social

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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.

Business keywords: 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 €8.00M 5
aws Gründerfonds Matterwave Ventures
aws Gründerfonds, Matterwave Ventures +3
12 Dec 2022
Seed Round €3.00M 5
aws Gründerfonds Matterwave Ventures Segnalita
aws Gründerfonds, Matterwave Ventures +3
29 Jul 2020
Seed Round Undisclosed 2
Segnalita
Segnalita, aws Gründungsfonds
24 Oct 2018
Pre Seed Round Undisclosed 2
Segnalita
Segnalita, Martin Global AG
29 Sep 2017

ToolSense Alternatives & Competitors

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ToolSense vs
Operative IQ
Operative IQ United States

Software to Stay Service Ready Inventory, Assets, RFID, Fleet, Telematics, Narcotics, Service Desk,...

35 employees
IT, Information Technology
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ToolSense vs
FMClarity
FMClarity Australia

Facilities management made simple

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22 employees
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ToolSense vs
Faclon Labs
Faclon Labs United States

Digitising infrastructure. Amplifying uptime. Slashing costs. Powering the future of Industrial AI a...

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167 employees
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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 Analytics, Computing, Information Technology, Prop Tech, SaaS, AgriTech and Maintenance. Its work centres on IIoT, Business Process Automation, Workflow Digitization and Field Service Management. Its customers include Asset-intensive industries, equipment manufacturers and dealers.
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 Operative IQ, FMClarity, Faclon Labs, Facility Health Inc., FacilityBot. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ToolSense and Operative IQ 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.

Source: BounceWatch company record for ToolSense, https://bouncewatch.com/company/toolsense, updated 25 March 2025. When citing, please name BounceWatch and link this page.

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