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Sparetech
SPARETECH creates the world's leading data processing and data provision software for industrial spare parts
About Sparetech
Sparetech provides a software-as-a-service (SaaS) platform for industrial spare parts management. The company serves manufacturing companies by providing a platform that digitizes and harmonizes spare parts data, creating a single source of truth for all stakeholders.
The business model is based on a subscription to their platform. This platform allows customers to reduce inventory, minimize downtime, and save costs by avoiding duplicate orders and identifying alternative suppliers. Sparetech operates in the industrial manufacturing market, targeting companies with large and complex spare parts inventories.
The platform uses a proprietary matching algorithm to identify duplicates and connect to a global network of suppliers, enabling a collaborative approach to spare parts management. This helps companies to optimize their working capital and increase the availability of critical parts.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES AOther financing | Jun 2023 | $11M | $44M | Christian Gaiser · Saeed Amidi · Plug and Play · Christian Miele | ↗ |
| SEEDOther financing | Jul 2021 | $5M | $20M | Undisclosed | — |
Growth signals
Latest recorded traffic for Sparetech is 24K monthly website visits, up 100% over the last three months. Sparetech's team grew 3.1% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A15 investors entered at this stage
Insight Partners
Christian Gaiser
Saeed Amidi
Plug and Play
Christian Miele- SKSascha Karimpour
Christian Reber
Frederik Pfisterer
Stefan Gross-Selbeck
Ingo Weber
Gisbert Ruehl
Isabel Wrubel
Martin Böhringer
Carsten Thoma- JBJosef Brunner
Other known investors4 additional known investors
Carcharodon Capital
Headline
Startup Autobahn
Wittleben Fabian
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Sparetech 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
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