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Sparetech

Data platform for industrial spare parts

Sparetech logo
21-100 employees
  • B2B
  • Manufacturing
  • Supply Chain
  • SaaS
  • Product Management
  • Procurement
Rathaus, Stuttgart, Germany

Company mission

To create an industrial zero-waste sharing economy.

Top investors

Few candidates hear
back within 2 weeks

31% employee growth in 12 months

Our take

SPARETECH is a data platform for industrial spare parts with plans to revolutionise manufacturing operations. The company addresses the challenges manufacturing companies face worldwide by helping to maintain efficient supply chains and minimise downtime costs.

Through its platform, SPARETECH enables manufacturing companies to digitise their spare parts inventories, analyse real demand, compare offerings from various suppliers, and optimise sourcing within their product networks. Utilising machine learning and verified spare parts data intelligence, SPARETECH's technology transforms raw data into actionable insights, helping clients increase machine uptime and reduce costs.

Recently securing investment funding, the company is now poised for international expansion. With a track record of impressive results, SPARETECH's future prospects appear promising as it continues to drive efficiency and sustainability in the manufacturing sector while forging partnerships across the industry.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Benefits

  • A remote-first company, where you can decide every day whether you work from home, at our headquarters in Stuttgart or at one of our Design Offices in Germany
  • Freely choose the hardware you need to work
  • An annual training budget that you can invest in training, conferences, or professional coaching
  • In Germany: A subsidised job bike to escape city traffic and a Wellpass gym membership to stay active

Company values

  • Inspiring: We are open-minded, curious and motivated
  • Authentic: We are transparent, professional and ambitious
  • Supportive: We support each other and create great things together

Funding (2 rounds)

Jun 2023

$10.5m

SERIES A

Jul 2021

$5m

SEED

Total funding: $15.5m

This company has top investors

Leadership

Graduated from the Karlsruhe Institute of Technology with an MS in Economic and Social Sciences. Previously worked as an eCommerce Manager at CHRONEXT and as a Senior Consultant at Porsche Consulting Group.

Graduated from the University of Bremen with a Ph.D. in Economics and Social Sciences. Previously worked at Porsche Consulting Group as a Manager and at Siemens Management Consulting as a Business Strategy Consultant.

Job (1)

All locations

Sales & Account Management