Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

ProGlove

Explore full profile

Manufactures wearables for the Industry 4.0

Munich, GermanyFounded 2014Engineering and Manufacturing Equipment
Valuation $100–250M Last recorded · 2019
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for ProGlove and the history behind them.

About ProGlove

ProGlove provides industrial wearable technology, combining hardware and software to enhance human-machine collaboration on the shop floor. The company was founded in Munich, Germany, in 2014 by Thomas Kirchner, Paul Günther, Jonas Girardet, and Alexander Grots. The concept originated from co-founder Paul Günther's experience as a tour guide at a BMW plant, where he identified inefficiencies in the scanning process. This observation led to the idea of a smart glove, which the team entered into Intel's "Make it Wearable" challenge, securing third place and initial funding.

ProGlove's core business revolves around wearable barcode scanners designed to improve efficiency, ergonomics, and process quality for workers in manufacturing, logistics, retail, and transportation. By integrating the scanner into a glove or a hand strap, the company offers a hands-free solution that can reduce scanning time by several seconds per scan, which translates to significant productivity gains in high-volume environments. The product portfolio, including the MARK and LEO series, features lightweight, durable scanners with various ranges and capabilities, which provide haptic, acoustic, and optical feedback to guide the user. The business model involves selling the hardware (scanners and wearables) and providing a software-as-a-service (SaaS) platform, ProGlove Insight. This analytics platform collects data from the wearable devices, offering insights into operational workflows, device management, and worker well-being, which helps customers like Audi, BMW, DHL, and Bosch digitize and optimize their processes.

The company's journey began with the development of over 70 prototypes to refine the initial concept. Following initial seed funding and a successful Series A round, ProGlove began commercializing its products in 2016. A major funding milestone was a $40 million Series C round in 2019 led by Summit Partners, which fueled international expansion. In 2022, Nordic Capital became the majority owner, further supporting the company's growth strategy, with a focus on software development and market presence. ProGlove serves over 2,000 industrial customers globally and has expanded its operations with offices in Chicago, Coventry, and Belgrade, in addition to its Munich headquarters.

Source: Dealroom company data

At a glance

Founded
2014
Headquarters
Munich, Germany
Sector
Engineering and Manufacturing Equipment
Power Law
Colt$25–100M revenue

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

Series A4 investors entered at this stage

Series B and later1 investor entered at this stage

  • Nordic Capital
Employees mapped 245 incl. 1 AI specialist
Founders Hidden — book a demo/100 quality score
Key operators 21 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
17 countries with
team presence
🇩🇪 Germany43.6%
🇷🇸 Serbia26.2%
🇺🇸 United States10.4%
🇪🇸 Spain3%
🇬🇧 United Kingdom3%
Top 5 of 17 shown
Web traffic by country
15K monthly visits
across markets
🇩🇪 Germany24.7%
🇺🇸 United States22%
🇬🇧 United Kingdom10.7%
🇲🇽 Mexico9.3%
🇨🇭 Switzerland7.3%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about ProGlove on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See ProGlove on the full Dealroom platform

Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.