ToolSense Overview

  • Founded
  • 2016
  • Status
  • Private
  • Latest Deal Type
  • Early Stage VC
  • Investors
  • 5

ToolSense General Information


Provider of live-tracking and sensor data-analytics intended to connect hand-operated powertools. The company offers anti-theft and live-tracking that reduces maintenance and repair logistic by 40% and its customer service takes care of problems before the contractor knows about them, enabling original equipment manufacturer to gain valuable insights in contractor's tool-usage based on the analysis of real-time sensor data and sell more tools, consumption-material and new digital products.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Accelerator/Incubator Backed
Primary Industry
Application Software
Other Industries
Other Information Technology
Primary Office
  • Höchstädtpl. 6
  • Vienna, 1200
  • Austria

ToolSense Timeline

Financing Round
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ToolSense Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Early Stage VC 24-Oct-2018 Completed Generating Revenue
3. Accelerator/Incubator 15-Sep-2017 Completed Generating Revenue
2. Seed Round Completed Generating Revenue
1. Accelerator/Incubator Completed Generating Revenue

ToolSense Executive Team (4)

Name Title Board Seat Contact Info
Alexander Manafi Co-Founder, Managing Director & Chief Executive Officer
Rostyslav Yavorskyi Co-Founder & Head of Backend
Benjamin Petterle Co-Founder & Head of Frontend
Stefan Ottl Co-Founder and Advisor

ToolSense Investors (5)

To view ToolSense‘s full investor history, request access »
Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
aws Gründerfonds Venture Capital Minority 000 0000 000000 0
Martin Global Other Minority 000 0000 000000 0
Segnalita Venture Capital Minority 000 0000 000000 0
Hubraum Accelerator/Incubator Minority 000 0000 000000 0
FH Technikum Wien Accelerator/Incubator Minority 000 0000 000000 0

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