SPARETECH GmbH has raised $20.0M in Series B funding, with Blume Equity, Insight Partners and Headline participating.
The company sells AI-powered spare parts management software for manufacturing enterprises. Its platform standardizes material master data, right-sizes spare part inventories, supports network-wide sourcing and enables surplus resale at market prices, drawing on verified manufacturer information. It harmonizes data across ERPs and plants, eliminates duplicates and gives full visibility into obsolete stock and supplier markets - all aimed at cutting MRO costs and unplanned downtime.
