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Tset logo — The leading innovator for Product Cost and Carbon Footprint...

Tset

The leading innovator for Product Cost and Carbon Footprint Optimization

Founded 2018 Austria Austria 92 employees Series A Total: $25.70M Information Technology

General Information

Company Name Tset
Founded Year 2018
Location Austria Austria
Employees 92
Industries Information Technology
Funding Stage Series A
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Consulting Fee, Tiered Pricing
Social

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About Tset

Tset, founded in 2018 and headquartered in Austria, positions itself as a leading innovator in Product Cost and Carbon Footprint Optimization for the manufacturing industry. The company’s software platform leverages data-driven algorithms alongside extensive industry expertise to transform cost and carbon management practices.

Tset has garnered the trust of numerous global OEMs and suppliers, indicating its robust and industry-specific solutions. Recently, the company secured a substantial €12.70M in Series A funding on 01 July 2024, demonstrating strong investor confidence and market potential. This investment round was led by Carbon Removal Partners, with participation from Brose Group and Ingenics AG.

Operating within the Information Technology sector, Tset is poised for growth as it seeks to enhance how manufacturing firms manage cost efficiency and sustainability. Its mission aligns well with increasing global emphasis on sustainable business practices, marking it as a compelling candidate for further investment in the ever-evolving manufacturing landscape.

Business keywords: Product Cost Optimization, Carbon Footprint Optimization, Manufacturing Industry Solutions, Data-Driven Algorithms, Sustainability Management, OEM Partnerships, Supplier Collaboration, Industry Knowledge Integration, Cost Management Software, Environmental Impact Reduction, Manufacturing Efficiency, Carbon Management Tools, Sustainable Manufacturing

Services & Products

cost calculation software
carbon footprint analysis
supplier cost analysis
design impact evaluation
project budget management

Target Customers

OEMs tier 1 suppliers manufacturers mechanical engineers cost engineers

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series A €12.70M 3
Carbon Removal Partners Brose Group Ingenics AG
Carbon Removal Partners, Brose Group +1
01 Jul 2024
Early VC €13.00M 3
Alois Ventures Brose Group
Alois Ventures, Brose Group +1
01 Apr 2023

Latest News

View All
Startups, sustainability, and investment: Austria’s innovation engine — Tech
Startups, sustainability, and investment: Austria’s innovation engine
Tech May 08, 2025
Tset closes €12.7M Series A to expand its industrial carbon accounting software globally — Tech
Tset closes €12.7M Series A to expand its industrial carbon accounting software globally
Tech Jul 31, 2024

Tset Alternatives & Competitors

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Tset vs
Normative.io
Normative.io Sweden

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Tset vs
Loopr AI
Loopr AI United States

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Tset vs
NECTURE
NECTURE Austria

We Turn Data Into Action.

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FAQ About Tset

The leading innovator for Product Cost and Carbon Footprint Optimization
Tset was founded in 2018.
Tset is headquartered in Austria.
Tset operates in Information Technology. Its work centres on Product Cost Optimization, Carbon Footprint Optimization, Manufacturing Industry Solutions and Data-Driven Algorithms. Its customers include OEMs, tier 1 suppliers and manufacturers.
Tset has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Consulting Fee and Tiered Pricing.
Tset has approximately 92 employees.
Tset has completed 2 funding rounds, raising a total of $25.70M. The latest funding stage is Series A.
Tset offers: cost calculation software, carbon footprint analysis, supplier cost analysis, design impact evaluation, project budget management.
Top alternatives and competitors to Tset include Normative.io, Loopr AI, NECTURE, Widget Brain, RobCo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Tset and Normative.io 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 Tset, https://bouncewatch.com/company/tset, updated 28 April 2026. When citing, please name BounceWatch and link this page.

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