Werk24

What Werk24 does

Werk24 (legal entity W24 Service GmbH) is a Munich-based AI company founded in 2019 that provides an API for automated reading of engineering and technical drawings. The core platform extracts Product Manufacturing Information (PMI) — including dimensions, tolerances, GD&T per ISO and ASME/ANSI, threads, surfaces, and materials — from PDF, TIFF, JP2, and scanned image files, returning structured JSON (with CSV, XML, or custom schema options) for downstream ERP, PLM, MES, and quoting systems. The system operates without training data or templates, claims 95%+ extraction accuracy with confidence scores and bounding-box evidence per field, and supports seven languages including German, English, Dutch, French, Spanish, Italian, and Japanese. Processing latency is approximately 15 seconds per page on the core tier and 5–20 seconds on provisioned and enterprise tiers.

The business model is a tiered annual subscription with a 90-day exit: Essential at €490/month (500 pages, best-effort queue), Growth at €1,490/month (2,500 pages, priority queue, end-to-end encryption, zero-retention option), and Corporate from €2,990/month (5,000–15,000+ pages, dedicated environment, parallel jobs, custom SLA, custom output schema). Distribution is API-first with a self-serve Studio demo and a published Python client on PyPI, complemented by enterprise field sales for larger accounts. Target buyers are procurement, estimating, operations, supplier management, and ERP/PLM integration teams at manufacturing companies, with documented case studies spanning laser cutting (Laserhub), additive manufacturing (Dimanex), plastics manufacturing, and procurement automation (Saphirion). Data residency options cover EU (Frankfurt with Stockholm backup) and US (N. Virginia with N. California backup) on AWS, with GDPR and CCPA compliance and TLS encryption in transit and at rest.

Name

Werk24

Legal name

W24 Service GmbH

Website

https://werk24.io

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Werk24 is a Munich-based AI company that provides an API for automated reading of engineering drawings, extracting PMI, GD&T, tolerances, materials, and threads into structured JSON for ERP, PLM, MES, and quoting systems used by manufacturing procurement and operations teams.

Ownership category

akta.pro rank

Product category

Manufacturing AI Software

NAICS

Computer Systems Design and Related Services (54151)

akta.pro primary industry

OCR, ICR & Intelligent Document Processing (IDP) (BPAAAKAB)

Keywords

• Technical drawing analysis
• Engineering drawing AI
• PMI extraction API
• GD&T recognition software
• Manufacturing document automation

Headquarters

HQ city

München

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Subscription + Per-Page Processing: Tiered subscription model with annual contracts. Each tier includes a base monthly fee plus per-page processing. Essential tier starts at €490/mo with 500 pages; Growth at €1,490/mo with 2,500 pages; Corporate from €2,990/mo with 5,000-15,000+ pages. Overage charges apply with discounts on higher tiers (15% for Growth, up to 55% for Corporate).

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Werk24 provides an AI-powered API that reads engineering technical drawings (PDF, TIFF, JP2, scanned images) and extracts Product Manufacturing Information — including dimensions, GD&T symbols, tolerances, threads, surfaces, and materials — into structured JSON output for direct ingestion by ERP, PLM, MES, and quoting tools. The platform is offered as a tiered SaaS subscription (Essential, Growth, Corporate) with annual contracts, per-page usage pricing, and optional EU or US data residency, targeting procurement, estimating, operations, and supplier management teams at manufacturing companies.

Product overview

Werk24 is a single unified AI-powered SaaS platform for automated technical drawing analysis. The core platform reads engineering drawings and extracts structured data (dimensions, GD&T, materials, threads) for downstream systems. It is offered in three pricing tiers: Essential (€490/mo, 500 pages, best-effort queue), Growth (€1,490/mo, 2,500 pages, 10× faster queue, E2E encryption), and Corporate (€2,990+/mo, 5,000-15,000+ pages, dedicated environment, parallel jobs). All tiers include the same core drawing extraction engine accessed via REST API, webhooks, or Python client. Data residency options include EU (Frankfurt/Stockholm) or US (Virginia/California).

Differentiator

Problem solved

Functional benefit

Products and services

• Werk24 Core Platform (AI Technical Drawing Analysis API) AI-powered technical drawing analysis SaaS that ingests engineering drawings (PDF, TIFF, JP2, scanned images, multi-page, legacy archives) and extracts PMI, GD&T, tolerances, materials, threads, and surfaces into structured JSON (also CSV, XML, or custom schema) for ERP, PLM, MES, and quoting systems. Processes drawings in ~15 seconds per page at 95%+ accuracy with confidence and evidence tracing, supports ISO and ASME GD&T standards and seven languages (DE, EN, NL, FR, ES, IT, JA), and is sold to manufacturing procurement, estimating, operations, and supplier management teams as a tiered annual subscription.

Quantifiable outcome

• 80% faster RFQ processing with supported annotations and standardized intake
• +4 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature7 records

Scale indicators5 records

Recent moves1 record

Expansion highlights6 records

Direct peers

• Paperless Parts: US-based SaaS that automates CNC/contract manufacturer quoting by reading and interpreting uploaded 2D drawings and 3D models. Most direct comparison to Werk24's quoting, RFQ, and cost-estimation use cases for manufacturers.
• Rossum: AI-native document processing platform focused on business documents (invoices, purchase orders, RFQs) with a domain-specialized computer-vision stack. Comparable as a specialist IDP vendor with deep document-understanding claims and an API-first, enterprise-oriented commercial motion.
• Hyperscience: Enterprise intelligent document processing vendor that turns unstructured documents into structured data using ML. Comparable in API/SaaS delivery, enterprise tiering, and accuracy/traceability emphasis applied to complex document types.

Broad incumbents

• ABBYY: Long-standing OCR and intelligent document processing vendor offering capture, classification, and extraction across many document types. Comparable as a broad IDP incumbent whose vision and extraction capabilities overlap with Werk24's document-analysis domain.
• UiPath Document Understanding: Major RPA platform with built-in document understanding, classification, and extraction capabilities sitting inside a broad automation suite. Comparable as an incumbent stack that can absorb drawing/PDF understanding inside an enterprise automation workflow.
• Google Document AI: Hyperscaler document-AI service offering OCR, form parsing, custom extractors, and structured output via API. Comparable as a default, scalable alternative for extracting structured data from complex document imagery at enterprise scale.
• AWS Textract: Amazon's managed document-AI service for forms, tables, and structured extraction from PDFs and images. Comparable as a hyperscaler incumbent that competes for the same API-first, structured-data-from-document budget with strong enterprise sales motion.

Emerging players

• Docparser: Cloud-based document parsing SaaS (Zonal OCR) for PDFs and scanned documents, with template-based parsing rules. Comparable on the API-first, structured-JSON output motion for technical documents, though it relies on user-defined templates rather than Werk24's zero-training approach.

Regional players

• Tacton: European-headquartered CPQ and design automation vendor for industrial manufacturers, focused on configure-price-quote workflows with deep product-configuration logic. Comparable as an EU-anchored manufacturing-software peer addressing similar pricing/quoting pain points but from a CPQ, not drawing-extraction, angle.
• CADENAS: German vendor specializing in CAD data management, parts classification, and engineering-data reuse for manufacturers. Comparable as a regional incumbent in the same engineering-data workflow that Werk24 targets, with overlapping audiences in European discrete manufacturing.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• GitHubgithub.com/W24-Service-GmbH
• LinkedInlinkedin.com/company/werk24
• Xx.com/werk24_w24

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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 Werk24