Sparetech Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Private

  • Employees
  • 101

Employees

  • Latest Deal Type
  • Series B

  • Latest Deal Amount
  • $20M

  • Investors
  • 19

Sparetech General Information

Description

Developer of a collaboration platform designed to reduce inventory and costs in spare parts management. The company's platform digitizes spare-part inventories of spare parts, calculates their real demand, compares parts from different suppliers, and sources the appropriate parts outside or within their production network, enabling clients to get a holistic spare-parts database and eliminate duplicate spare-part stocks.

Contact Information

Website
www.sparetech.io
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Eberhardstraße 65
  • 70173 Stuttgart
  • Germany
+49 0711
Primary Industry
Business/Productivity Software
Other Industries
Media and Information Services (B2B)
Vertical(s)
Advanced Manufacturing, Big Data, SaaS, Artificial Intelligence & Machine Learning
Corporate Office
  • Eberhardstraße 65
  • 70173 Stuttgart
  • Germany
+49 0711

Sparetech Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Sparetech Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC (Series B) 10-Nov-2026 $20M Completed Generating Revenue
5. Later Stage VC (Series A) 15-Jul-2023 Completed Generating Revenue
4. Accelerator/Incubator 04-Oct-2022 Completed Generating Revenue
3. Seed Round 27-Oct-2021 Completed Generating Revenue
2. Seed Round 28-Jul-2021 $710K $710K Completed Generating Revenue
1. Seed Round 13-Dec-2018 Completed Generating Revenue
To view Sparetech’s complete valuation and funding history, request access »

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Sparetech Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a collaboration platform designed to reduce inventory and costs in spare parts management. The company's pl
Business/Productivity Software
Stuttgart, Germany
101 As of 2026

Auckland, New Zealand
 

Newark, NJ
 
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Sparetech Competitors (31)

One of Sparetech’s 31 competitors is Unleashed Software, a Private Equity-Backed company based in Auckland, New Zealand.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Unleashed Software Private Equity-Backed Auckland, New Zealand
Brahmin Solutions Accelerator/Incubator Backed Newark, NJ
Omono (Media and Information Services) Corporation Bognor Regis, United Kingdom
Odoo Venture Capital-Backed Grand Rosière, Belgium
Nextail Labs Venture Capital-Backed Madrid, Spain
You’re viewing 5 of 31 competitors. Get the full list »

Sparetech Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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Sparetech Investors (19)

Investor Name Investor Type Holding Investor Since Participating Rounds
Blume Equity Growth/Expansion Minority
Insight Partners (New York) PE/Buyout Minority
Perpetual Investors Family Office Minority
SAP.iO Accelerator/Incubator
Angel (individual) Minority
You’re viewing 5 of 19 investors. Get the full list »

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Sparetech FAQs

  • When was Sparetech founded?

    Sparetech was founded in 2018.

  • Where is Sparetech headquartered?

    Sparetech is headquartered in Stuttgart, Germany.

  • What is the size of Sparetech?

    Sparetech has 101 total employees.

  • What industry is Sparetech in?

    Sparetech’s primary industry is Business/Productivity Software.

  • Is Sparetech a private or public company?

    Sparetech is a Private company.

  • What is Sparetech’s current revenue?

    The current revenue for Sparetech is .

  • How much funding has Sparetech raised over time?

    Sparetech has raised $37.5M.

  • Who are Sparetech’s investors?

    Blume Equity, Insight Partners (New York), Perpetual Investors, SAP.iO, and are 5 of 19 investors who have invested in Sparetech.

  • Who are Sparetech’s competitors?

    Unleashed Software, Brahmin Solutions, Omono (Media and Information Services), Odoo, and Nextail Labs are some of the 31 competitors of Sparetech.

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