Sparetech
Spare parts intelligence for spare parts people
Stuttgart, Germany · Founded 2018 · $16.9M raised
- Headquarters
- Stuttgart
- Employees
- 51–200
- Founded
- 2018
- Business Model
- B2B
- Website
- sparetech.io
- Total Funding
- $16.9M
- Last Round
- $11.0M Series AJun 2023
- Rounds
- 2
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
Sparetech is a SaaS company based in Stuttgart, Germany, founded in 2018. 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
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Funding History
Jun 2023
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Seed through Series A — per-round amounts, valuations, and who invested in each round.
Investors
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