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Sparetech helps manufacturers manage spare parts data and inventory.
Sparetech provides a platform for digitizing spare part inventory, estimating demand, finding parts across production networks, and comparing vendors. Its tools include data matching, semantic data management, warehouse management, duplicate identification, and ERP data processing. Founded in 2018 and based in Stuttgart, Germany, the company serves customers including Speira, Wepa, and Bosch. In June 2023, it raised EUR 10 million in Series A funding led by Insight Partners, with returning investor Headline, to support international growth.
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