Tech Company Financing Transactions

Sparetech Funding Round

Insight Venture Partners, Headline and private investors invested in a $10 million Series A capital raise for Sparetech. This venture round was announced on 6/16/2023.

Transaction Overview

Company Name
Announced On
6/16/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors

Insight Venture Partners (Lead Investor)

Headline

private investors (Carsten Thoma)

private investors (Christian Gaiser)

private investors (Christian Reber)

private investors (Frederik Pfisterer)

Proceeds Purpose
The company intends to use the funds to scale internationally.

Company Information

Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Eberhardstraße 65
Stuttgart, 70173
DE
Phone
Undisclosed
Email Address
Overview
SPARETECH is the SaaS platform that enables manufacturing companies to automate their spare parts management processes from identification to spare parts ordering, thereby sustainably reducing inventories, costs, and CO2 emissions. Together with our well known customers and partners, we are shaping the future of industrial spare parts management. We also provide a valuable piece for the Industry 4.0 vision of a complete digital twin. If you want to learn more about us or our solution, don't hesitate to contact us. You can also find the latest press releases on our news page. And for all those who want to change themselves and the world: Yes, we are hiring!
Profile
Sparetech LinkedIn Company Profile
Social Media
Sparetech Company Twitter Account
Company News
Sparetech News
Facebook
Sparetech on Facebook
YouTube
Sparetech on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Martin Weber
  Martin  Weber LinkedIn Profile  Martin  Weber Twitter Account  Martin  Weber News  Martin  Weber on Facebook
Co-Founder
Lukas Biedermann
  Lukas Biedermann LinkedIn Profile  Lukas Biedermann Twitter Account  Lukas Biedermann News  Lukas Biedermann on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/16/2023: Greenstic Europe venture capital transaction
Next: 6/16/2023: Mach Industries venture capital transaction

 

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Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records reported here are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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