What SYFIT does

SYFIT GmbH, founded in 2016 and headquartered in Aalen, Germany, develops and sells IoT-enabled Software-as-a-Service for asset tracking, inspection documentation, and digitalization of physical assets, with primary customers in construction, building-materials supply, and industrial sectors. The company operates a modular platform called AYE-OT-BOX that combines a cloud backend with web and mobile applications and supports multiple tracking technologies — BLE beacons, RFID/NFC transponders, GPS trackers, QR/barcodes, and Deutsche Telekom's IoT portfolio (Wi-Fi, GPS, 5G, Narrow-Band). Customer-facing modules include Baugerätemanager for construction equipment tracking, Werkzeugmanager for tool allocation, Betriebsmittelprüfer for legally compliant equipment inspections under the German BetrSichV regulation, Assetmanager for cross-location inventory, Stellplatzmanager for vehicle/parking tracking, Digitalization of Things for product traceability via NFC, and Führerscheinprüfer for driving-licence verification. SYFIT complements its software with a proprietary hardware portfolio (RFID/NFC transponders, QR/barcodes, BLE beacons and hubs, GPS trackers) and offers programming and consulting services for customization.

The company generates revenue through three streams: SaaS subscriptions with a 24-month initial term and automatic 12-month renewals, hardware sales transacted separately, and person-day-based professional services. Pricing is not publicly disclosed and is structured per asset and per module, with monthly billing. Go-to-market combines direct enterprise field sales (with regional specialization such as a Sales Manager for Hamburg) and self-serve distribution through Google Play and Apple App Store for mobile apps, supplemented by content marketing, social-media presence, and trade-show appearances at GaLaBau, Arbeitsschutz Aktuell, and digitalBAU. Anchor customers include PERI SE (over 100,000 documented inspections across 30+ countries since 2015), Otto Heil, AlzChem Trostberg, PLANETA-Hebetechnik, Pülm Reisen, Dethleffs, and IDEAL Fensterbau. The company holds ISO/IEC 27001:2022 information-security certification (NovaCert) and a BSFZ R&D seal, and has received four consecutive 'Produkt des Jahres' awards from Baugewerbe Magazin (2022-2025). Leadership is split between co-CEOs Zoltan Demeter and Carl Heathcote; ownership appears founder/management-held with no external investors disclosed beyond an undated 2017 funding round.

Name

SYFIT

Legal name

SYFIT GmbH

Website

https://syfit.de

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

SYFIT GmbH, headquartered in Aalen, Germany, sells a modular IoT-enabled SaaS platform (AYE-OT-BOX) for asset tracking, inspection documentation, and product digitalization, primarily serving construction companies, building-material suppliers, and industrial firms across DACH and select global accounts.

Ownership category

akta.pro rank

Product category

Asset Tracking and Management Software

NAICS

Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511)

SIC

Services-Computer Programming Services (7371), Construction Machinery & Equip (3531)

akta.pro primary industry

Fleet, Asset Tracking & Telematics Location Platforms (BPAMANAF)

Keywords

• Asset tracking software
• Construction equipment management
• IoT asset localization
• Equipment inspection software
• RFID BLE tracking

Headquarters

HQ city

Aalen

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Software Subscriptions: Monthly or annual subscription fees for access to the SYFIT software platform and modules. Contracts have a standard term of 24 months with automatic renewal for 12-month periods.
2. Hardware Sales: Sale of tracking hardware including QR/barcodes, RFID/NFC transponders, Bluetooth beacons, hubs, and GPS trackers. Hardware is sold separately under purchase agreements.
3. Professional Services: Programming and consulting services for customization and adaptation of SYFIT software to specific customer needs, including configuration, implementation support, and training.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

SYFIT GmbH provides a modular Software-as-a-Service (SaaS) platform called AYE-OT-BOX for locating, managing, and assigning physical assets such as tools, machines, construction equipment, and operating resources. The platform integrates active tracking (BLE beacons, GPS) and passive identification (QR/barcode, RFID/NFC) technologies, supported by a hardware portfolio and Deutsche Telekom IoT connectivity, serving construction companies, building material suppliers, and industrial firms.

Product overview

SYFIT GmbH offers a modular Software-as-a-Service platform called AYE-OT-BOX for asset management and digitalization. The platform consists of multiple ready-to-use SaaS modules: Baugerätemanager (Construction Equipment Manager) for digital management and GPS/BLE-based location tracking of construction tools and equipment; Digitalization of Things (DoT) for product traceability, service management, and anti-counterfeiting via NFC chips; Werkzeugmanager (Tool Manager / AYE-D-TOOLS) for digital tool allocation via QR code scanning; Betriebsmittelprüfer (Equipment Inspector / AYE-D.NET) for legally compliant equipment inspection documentation per BetrSichV; Assetmanager for cross-location asset and inventory management; Stellplatzmanager (Parking Manager) for indoor/outdoor vehicle tracking via GPS; and Führerscheinprüfer (Driving Licence Inspector / AYE-DRIVE) for NFC-based employee driving licence verification. SYFIT also provides a demand-driven hardware portfolio including RFID/NFC transponders, QR/barcodes, Bluetooth Low Energy (BLE) beacons, BLE hubs, and GPS trackers, integrating with Deutsche Telekom's IoT portfolio (Wi-Fi, GPS, 5G, Narrow-Band). Multiple products have been named 'Product of the Year' by Baugewerbe magazine.

Differentiator

Problem solved

Functional benefit

Products and services

• AYE-OT-BOX Platform Modular Software-as-a-Service platform enabling locating, managing, and assigning assets with active or passive tracking solutions. Supports BLE, GPS, QR, and RFID/NFC technologies through web and mobile applications.
• Baugerätemanager (Construction Equipment Manager) Intelligent software for construction companies and suppliers providing digital management and GPS/BLE-based location tracking of tools, machines, and building materials, with theft protection, service management, and geofencing features.
• Digitalization of Things (DoT) Cloud-based management and tracking platform providing transparent administration, localization, and traceability of products with unique NFC-based identification, extended product information, service and maintenance management, and anti-counterfeiting features for product manufacturers.
• Werkzeugmanager (Tool Manager / AYE-D-TOOLS) Digital tool management solution enabling simple and cost-effective allocation and administration of all tools, machines, and working equipment via QR code scanning through a mobile app.
• Betriebsmittelprüfer (Equipment Inspector / AYE-D.NET) Inspection software providing simple, legally compliant planning, execution, and documentation of equipment inspections per the German BetrSichV regulation, with QR-code-based inventory management and automated report generation.
• Assetmanager Software solution enabling digital management and precise location tracking of assets, operating equipment, technical devices, tools, and materials across indoor and outdoor environments.
• Stellplatzmanager (Parking Manager) Software solution for indoor and outdoor location and active tracking of vehicles on larger sites, with GPS-based positioning and extensibility for supply and production chain tracking.
• Führerscheinprüfer (Driving Licence Inspector / AYE-DRIVE) Cost-effective software solution for legally valid and complete documentation of employee driving licences using NFC/RFID chip scanning, with automated 6-month validity reminders.

Quantifiable outcome

• Over 100,000 equipment inspections documented across 30+ countries for PERI SE since 2015
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Deutsche TelekomcoreTechnology or IntegrationSYFIT integrates Deutsche Telekom's IoT portfolio including Wi-Fi, GPS, 5G, and Narrow-Band technologies into their solutions. This partnership enables SYFIT to offer comprehensive IoT tracking solutions using Telekom's infrastructure and connectivity capabilities.
• Bundesverband Bausoftware e.V. (BVBS)minorOthersSYFIT is a member of the German Construction Software Association (Bundesverband Bausoftware), an industry organization representing construction software companies in Germany.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Trackunit: Danish provider of IoT telematics and fleet management software for construction equipment and machinery. Directly comparable to SYFIT in targeting OEMs, rental fleets, and construction contractors with connected-asset visibility and service-management workflows.
• Hilti ON!Track: Hilti's tool and asset tracking SaaS uses BLE/beacon technology to locate tools, machines, and equipment across jobsites. Directly overlaps with SYFIT's Werkzeugmanager and Baugerätemanager modules on the same customer archetype.
• ToolSense: Vienna-based asset and tool tracking platform for the construction industry. Competes head-to-head with SYFIT's Baugerätemanager/Werkzeugmanager modules, serving construction companies and building-material suppliers across the DACH market.
• MachineMax: Construction equipment telematics with GPS-based tracking and utilization analytics. Closely comparable to SYFIT's GPS- and BLE-based asset tracking for machinery on construction sites.

Broad incumbents

• Samsara: Public IoT platform offering fleet telematics, asset tracking, equipment monitoring, and compliance workflows via connected sensors. Overlaps broadly with SYFIT's AYE-OT-BOX on connected-asset visibility, though at a much larger enterprise scale.
• Geotab: Large fleet telematics provider with asset and equipment tracking modules. Comparable to SYFIT's Stellplatzmanager and GPS-based asset tracking, but Geotab's scale and breadth far exceed SYFIT's DACH-focused footprint.
• Verizon Connect: Carrier-backed IoT telematics suite for fleet and asset visibility. Analogous to SYFIT's Telekom-integrated IoT tracking stack — both leverage operator connectivity for GPS/cellular asset tracking.
• Trimble Viewpoint: ERP/construction-management software suite from Trimble that includes equipment management and inspection workflows. Competes for the same construction-firm IT budget as SYFIT's inspection and asset modules.

Others

• Procore: Major construction project management SaaS that does not directly compete in asset tracking but increasingly bundles equipment and inspection modules, pressuring standalone construction SaaS players like SYFIT.

Emerging players

• MaintainX: Mobile-first maintenance and inspection management platform competing for equipment inspection workflows (analogous to SYFIT's Betriebsmittelprüfer/AYE-D.NET). Both target regulatory inspection and maintenance documentation across industrial customers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/SYFIT_GmbH
• Facebookfacebook.com/SYFITGmbH
• LinkedInlinkedin.com/company/syfit-gmbh
• Instagraminstagram.com/syfit_gmbh

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

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 SYFIT