What SPARETECH does

SPARETECH is a Stuttgart-headquartered AI SaaS company founded in 2018 by ex-Porsche engineers Martin Weber (CEO) and Dr. Lukas Biedermann (COO) that addresses spare parts data management for global manufacturing enterprises. The platform solves a specific industrial problem: manufacturing companies carry an estimated 12-20% duplicate parts and 8% obsolete inventory across plants, leading to working capital waste and unplanned downtime from unavailable parts. SPARETECH serves customers including Porsche, Bosch, Nestlé USA, Volkswagen, BMW, Brose, Dräxlmaier, Yanfeng, Sanofi, WEPA, ElringKlinger, Idahoan Foods, and Sabert, with deployments in production facilities across 70+ countries.

The platform is organized around four integrated products—Global Spare Parts Search, Automated BOM Check, Data Lifecycle Management, and Digital Workflow—operating on top of what SPARETECH describes as the world's largest MRO reference database (40M+ verified parts from 15,000+ OEMs, suppliers, and distributors, each part carrying a unique SPARETECH ID). Proprietary AI powers semantic matching across part descriptions, live duplicate detection, multilingual data standardization across 14+ languages, proactive obsolescence prediction, and supplier sourcing intelligence. The technology integrates with SAP (the company is an official SAP partner and ~80% of customers run SAP), IBM Maximo, Microsoft Dynamics, and Oracle via API and supports file-based data exchange in CSV, Excel, XML, JSON, and BMEcat formats.

The business model is enterprise SaaS subscription with annual billing, priced by company size and usage scope with no setup or implementation fees. Go-to-market combines direct enterprise field sales (led by VP Sales Andreas Lange) with a product-led proof-of-value motion that delivers free data analysis before contract signing. A complementary free partner program provides platform access to data partners (component suppliers and OEMs) in exchange for catalog data, creating a network effect that strengthens the reference database. The company has 80+ employees across 12+ global locations, offices in Stuttgart, Munich, Berlin, and Chicago, and has raised €10M Series A from Insight Partners (June 2023) alongside earlier rounds from Headline, Plug and Play, and Perpetual Growth.

Name

SPARETECH

Legal name

SPARETECH GmbH

Website

https://sparetech.io

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

SPARETECH is an AI-powered SaaS platform that helps global manufacturing enterprises manage MRO spare parts data, offering semantic search, duplicate detection, obsolescence management, and supplier sourcing built on a 40M+ part reference database with native SAP integration.

Ownership category

akta.pro rank

Product category

Industrial MRO Spare Parts Management Software

SIC

Wholesale-Machinery, Equipment & Supplies (5080)

akta.pro primary industry

Manufacturing ERP (Discrete, Process, Batch) (HDAEAEAB)

Keywords

• MRO spare parts software
• Industrial data management
• AI inventory optimization
• ERP master data platform
• BOM validation software

Headquarters

HQ city

Stuttgart

HQ country

Germany

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. SaaS Subscription - MRO Software Platform: SPARETECH operates as a 100% cloud-based SaaS platform, charging manufacturing enterprises for access to its MRO software suite. Pricing is tailored to company size and usage scope. No setup or implementation fees are charged. The software reduces spare parts spend, inventory, and manual work, delivering ROI multiples over annual software costs.
2. Partner Program (Free for Data Partners): SPARETECH offers its platform free of charge to component suppliers, manufacturers, and machine OEMs who partner by providing product data catalogs (Excel or BMEcat). Revenue is generated indirectly through customer acquisition rather than direct partner fees.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels10 records

Core offering

SPARETECH sells a 100% cloud-based AI-powered SaaS platform for industrial MRO (Maintenance, Repair and Operations) spare parts management. The platform enriches material master data with verified original manufacturer information from a 40M+ parts reference catalog, deduplicates records across ERPs and plants, and delivers global spare parts search, automated Bill of Materials validation, proactive obsolescence management, supplier intelligence, and multilingual data standardization for manufacturing enterprises operating multiple production facilities.

Product overview

SPARETECH is an AI-powered SaaS platform for MRO (Maintenance, Repair & Operations) spare parts management, organized as four integrated core modules built on top of the world's largest verified spare parts reference database (40M+ records). The four pillars are: Global Spare Parts Search (free-text search across ERP systems and the global catalog), Automated BOM Check (automated bill of materials validation), Data Lifecycle Management (deduplication, enrichment, and obsolescence management), and Digital Workflow (standardized material creation governance with AI recommendations). The platform connects to any ERP (SAP, IBM Maximo, Microsoft Dynamics, Oracle) via API or data exchange, enriching the customer's material master with verified original manufacturer data and providing cross-site inventory visibility for manufacturing companies managing large MRO inventories.

Differentiator

Problem solved

Functional benefit

Products and services

• Global Spare Parts Search

Quantifiable outcome

• 20% average inventory reduction across customers who eliminate duplicates and obsolescence
• +8 more outcomes

Named customers16 records

Segments6 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability10 records

Feature10 records

Partnerships

Two partnerships are on record, tiered core.

• SAPcoreTechnology or IntegrationOfficial SAP partner with deep integration support for SAP S/4HANA and other SAP systems. Approximately 80% of SPARETECH's customer base runs on SAP. SAP Partner Center listing enables co-selling with the SAP customer ecosystem.
• 15,000+ OEMs, Suppliers & DistributorscoreStrategic or Co-development PartnerA global network of 15,000+ original component manufacturers, machine OEMs, suppliers, and distributors provide product data to SPARETECH's reference database free of charge. This data feeds the 40M+ parts database used to enrich customer ERP systems with verified original manufacturer information.

Scale indicators14 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• IBM Maximo Application Suite: IBM's enterprise asset management and CMMS platform, directly overlapping with SPARETECH's MRO master data and spare parts management focus. SPARETECH explicitly integrates with Maximo for cross-system material master harmonization, making it both a competitor and integration partner.
• MaintainX: Mobile-first CMMS and asset operations platform serving maintenance and reliability teams at manufacturing enterprises. Comparable buyer personas (maintenance leaders, operations directors) and overlapping use cases around spare parts visibility and inventory management.
• Fiix (by Rockwell Automation): Cloud CMMS targeting maintenance teams in manufacturing; now part of Rockwell Automation, giving it industrial scale and OEM reach. Competes for the same maintenance leader and operations director buyers SPARETECH targets.
• UpKeep: Asset operations management platform with CMMS and inventory modules for manufacturing and facilities teams. Direct overlap in spare parts inventory and maintenance workflows, though with a broader mid-market orientation.

Broad incumbents

• SAP: ERP incumbent whose material master, MDG, and asset performance modules overlap with SPARETECH's domain. As the platform SPARETECH integrates with most deeply (80% of customers), SAP is both a partner and the most credible threat to expand native functionality.
• Oracle: ERP and EAM incumbent whose Oracle Maintenance Cloud and JD Edwards offerings compete for the same enterprise maintenance, MRO, and procurement budgets SPARETECH targets. SPARETECH explicitly supports Oracle integration.
• ServiceNow: Enterprise workflow and IT service management platform expanding into asset operations and integrated risk management. Comparable enterprise sales motion and overlap on procurement, asset, and operational workflows at large manufacturers.
• Siemens Xcelerator: Siemens' industrial software portfolio (including Opcenter, MindSphere, Teamcenter) serving manufacturers with PLM, MES, and asset management capabilities. Competes for the same digital transformation and MRO budgets within large industrial customers.
• Honeywell Forge: Honeywell's industrial asset performance and connected enterprise software suite addressing predictive maintenance, reliability, and asset management. Adjacent to SPARETECH's MRO spare parts intelligence use case for process manufacturers.
• Infor: Industry-specific ERP and EAM vendor (Infor EAM, Infor M3, LN) with deep penetration in manufacturing, automotive, and industrial sectors. Overlaps with SPARETECH on master data governance and asset maintenance for manufacturers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds4 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SPARETECH