Sparetech

Sparetech is a saas company in Stuttgart, Germany, founded in 2018. It has raised $16.9M across 2 rounds, most recently an $11.0M Series A in June 2023.

Spare parts intelligence for spare parts people

Headquarters
Stuttgart
Employees
51–200
Founded
2018
Business Model
B2B
Total Funding
$16.9M
Last Round
$11.0M Series AJun 2023
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 2 funding rounds and 2 investors for this company. The full record is or through the API.

About

SPARETECH is an AI-powered MRO (Maintenance, Repair & Operations) software platform that enables manufacturing companies to reduce spare parts spend and optimize inventory. The platform provides a global spare parts search engine, automated BOM (bill of materials) checking, data lifecycle management, and digital workflow tools. By leveraging the industry's largest spare parts catalog and proprietary matching technology, SPARETECH helps maintenance and procurement teams eliminate duplicate inventory, reduce unplanned downtime, and achieve strategic MRO sourcing. Customers include Bosch, Porsche, Volkswagen, BMW, Nestlé, and Sanofi.

Summary

It lists 51–200 employees. It has raised $16.9M in total across 2 rounds, most recently a $11.0M Series A round in Jun 2023. Investors include Headline and Insight Partners.

Tech & App Stack

5 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
Series ASeries AJun 2023
$11.0M

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Funding: Seed through Series A. Amounts, valuations, and investors where available.

Investors

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