CloseOut
CloseOut is a cloud-based SaaS platform that uses AI-powered computer vision, real-time video quality audit, and GIS-based workflows to enable telecom operators and infrastructure contractors to perform real-time fieldwork quality inspection, HSE compliance, and automated as-built documentation for fiber, 5G, and adjacent infrastructure projects.
- Company typePrivate
- Founded2019
- HeadquartersBelgrade
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What CloseOut does
CloseOut is a cloud-based SaaS provider of intelligent live fieldwork quality management software, headquartered in Belgrade, Serbia with a regional office in Newark, Delaware. The company was founded in 2019 by Rade Vujovic, a telecom industry veteran with over 20 years of network-building experience across Europe, the Middle East, and the US, who built the platform to address gaps in real-time field quality inspection, HSE compliance, and as-built documentation for distributed infrastructure projects. The platform combines a suite of pre-trained AI computer vision models (hard hat, safety gear, fiber trench depth, ONT/STB detection, serial number recognition, JSA form validation) with real-time video quality audit (VQA), LiDAR 3D scanning with RTK geolocation, GIS-based workflow navigation, customizable project workflows, offline mode, crew scheduling with certificate compliance, and automated multi-format documentation export. CloseOut primarily serves enterprise telecommunications operators, fiber and 5G infrastructure contractors, and adjacent verticals (energy, construction, utilities, transportation), with named customers including Eltel Networks, Gogo Business Aviation, ETV Serbia, Aviat Networks, TATA Communications Transformation Services, Fermata, SPL Tele Group, and Net-TeamWorks GmbH.
The company monetizes through SaaS subscription licenses (including regular feature releases at no additional cost to existing customers) plus professional services for onboarding and implementation, with quote-based enterprise pricing. Distribution is direct enterprise sales supplemented by a growing channel network — most recently a global GTM alliance with TATA Communications Transformation Services and channel partnerships with Fermata, SPL Tele Group, and Net-TeamWorks covering the DACH region and Poland. CloseOut is privately held, bootstrapped (no external funding rounds disclosed), ISO 9001:2015 and ISO/IEC 27001:2022 certified, and holds an EcoVadis Silver Medal placing it in the top 15% of companies globally for sustainability. Reported operational outcomes include 10x faster as-built documentation generation, 6x fewer site revisits, 3x more sites covered by quality inspection, and 100% 'Very likely to recommend' customer satisfaction.
CloseOut firmographics
Firmographics- Name
- CloseOut
- Legal name
- CloseOut FSM d.o.o.
- Website
- https://closeout.cloud
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- CloseOut is a cloud-based SaaS platform that uses AI-powered computer vision, real-time video quality audit, and GIS-based workflows to enable telecom operators and infrastructure contractors to perform real-time fieldwork quality inspection, HSE compliance, and automated as-built documentation for fiber, 5G, and adjacent infrastructure projects.
- Ownership category
- akta.pro rank
CloseOut industry classification
Industry- Product category
- Fieldwork Quality Management Software
- NAICS
- Computer Systems Design and Related Services (5415)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA)
Keywords
Where CloseOut is headquartered
LocationHeadquarters
- HQ city
- Belgrade
Offices2 records
Markets served
CloseOut business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Subscription (Cloud Platform License): Cloud-based software-as-a-service platform providing field service management capabilities on a subscription basis. Includes AI modules, VQA, documentation, scheduling, and GIS navigation tools. New functionalities are regularly released at no additional cost to existing customers.
- Professional Services (Onboarding & Implementation): Implementation and onboarding services provided as part of customer deployment. The company offers a 5-star rated onboarding program to help customers configure the platform to their specific project requirements.
Go-to-market motion3 records
Distribution channels1 record
Marketing channels6 records
CloseOut product offering
Product offeringCore offering
CloseOut sells a cloud-based SaaS platform for intelligent live fieldwork quality management (FQM) that enables real-time, AI-powered quality inspection, documentation, workforce management, and HSE compliance on remote infrastructure projects. The platform combines pre-trained computer vision models, live video quality assurance, GIS-based workflow navigation, LiDAR 3D scanning, and automated as-built documentation to help telecom, energy, construction, utilities, and transportation companies eliminate site revisits and achieve first-visit success.
Product overview
CloseOut is an intelligent live fieldwork quality management platform delivered as a cloud-based SaaS solution. The platform consists of a core CloseOut Platform with integrated AI Module for automated quality control, complemented by specialized modules including Real-Time Video Quality Assurance (VQA), Workforce Management with Time Tracking and Work Scheduler, HSE Management, As-built Documentation, Digital Documentation Module, GIS Workflow Navigator, 3D Scan and Digital Twin, Material Management, Project Progress Tracker with Milestones, and Offline Mode. AI capabilities include hard hat detection, safety gear detection, scene text detection, blurred image detection, fiber trench depth detection, JSA form validation, STB/ONT detection, serial number detection, and attenuation detection. The platform serves telecommunications (fiber, 5G, rollout, maintenance), energy, building and construction, utilities, and transportation industries.
Differentiator
Problem solved
Functional benefit
Products and services
- CloseOut Platform Cloud-based SaaS intelligent fieldwork quality management (FQM) platform enabling real-time quality inspection, AI-powered documentation validation, workforce management, and HSE compliance on remote infrastructure projects for enterprise telecom operators, energy, construction, utilities, and transportation companies.
Quantifiable outcome
- 10x faster generation of final as-built documentation
- +7 more outcomes
Companies that use CloseOut
Customer profileNamed customers14 records
Segments5 records
Ideal customer profiles2 records
CloseOut technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability8 records
Feature22 records
CloseOut partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- TATA Communications Transformation Services (TCTS)coreCloseOut and TCTS announced a partnership to help telecom operators automate and scale field operations more effectively. TCTS acts as a GTM partner, leveraging its telecom transformation expertise to drive adoption of CloseOut's fieldwork quality management platform among telecom operator customers.
- FermatacoreFermata selected CloseOut to strengthen field service quality management across telecom projects in Poland, Germany, and Austria. Fermata acts as a channel partner deploying CloseOut's platform for telecom quality management in the DACH region.
- SPL Tele GroupcoreSPL Tele Group selected CloseOut for field service quality management of radio access network projects in Germany. SPL Tele Group represents a channel partner relationship for the German telecom market.
- Net-TeamWorks GmbHcoreNet-TeamWorks GmbH chose CloseOut to strengthen field service quality management across telecom projects in Germany. Net-TeamWorks GmbH functions as a channel partner deploying CloseOut's platform.
- EmlidcoreEmlid (Regional Manager Balazs Jonas and Business Development Dmitriy Ershov) contributed expertise to CloseOut's LiDAR 3D Mapping & Digital Twin project using the Reach RX RTK rover for high-precision geolocation. Emlid is the manufacturer of RTK hardware integrated with CloseOut's 3D scanning capabilities.
- Vision ElementscoreVision Elements (Managing Partner Guy Lavi) collaborated with CloseOut on the LiDAR 3D Mapping & Digital Twin with High-Precision Geolocation technology project, contributing expertise to push the boundaries of the technology.
- Micado / TelMe Fiber Design ToolcoreIntegration with TelMe by Micado fiber design tool enables CloseOut users to import pre-designed multi-element information including element types and geolocation into the GIS Workflow Navigator map. Supports fiber route planning with cabinets, shafts, handholes, and conduits.
Scale indicators10 records
Recent moves6 records
Expansion highlights8 records
CloseOut competitors and assessment
Company assessmentEmerging players
- Fulcrum: Field data collection platform enabling custom mobile forms, GIS, and inspections. Comparable as a mobile-first field operations tool, though more horizontal and less telecom-specialized than CloseOut.
- SafetyCulture (iAuditor): Mobile-first inspection and safety audit platform used across industries for HSE and quality checks. Overlaps with CloseOut's AI-powered safety audits, checklists, and inspection workflows, though it lacks CloseOut's telecom-vertical depth.
- JobPlanner: Telecom-focused field operations software used by network operators and contractors for fiber, 5G, and network maintenance. Comparable as a similarly sized, telecom-vertical FSM competitor in the same buyer segment.
Others
- Esri ArcGIS Field Maps: GIS-centric mobile field data collection and asset mapping platform. Closely adjacent via the GIS-based workflow layer that underpins CloseOut's GIS Workflow Navigator, and frequently co-evaluated in enterprise geospatial RFPs.
Direct peers
- Praxedo: Cloud-based field service management SaaS targeting utilities, telecom, and field service operators. Comparable as a similarly sized, vertical-focused FSM SaaS competing in the same European enterprise buyer segment.
- Geomod: French GIS-based field operations platform serving telecom, energy, and utility operators across Europe. Directly comparable as a vertical-focused FSM with geospatial workflow capabilities for fiber and infrastructure rollouts.
Broad incumbents
- Trimble Unity: Trimble's cloud-based asset and infrastructure lifecycle platform with mobile field data collection, GIS, and asset management. Overlaps with CloseOut's GIS Workflow Navigator and 3D/digital twin capabilities for infrastructure operators.
- ServiceNow Field Service Management: Enterprise platform offering a broad FSM module alongside IT, HR, and customer workflows. Competes for the same CIO/CTO budget at large telecom operators, though it lacks CloseOut's telecom-specific AI inspection modules.
- Salesforce Field Service: Field service module within the Salesforce platform, paired with workforce scheduling and asset management. Comparable buyer mindshare for enterprise field operations, with substantially broader GTM scale.
- IFS Field Service Management: Enterprise FSM suite serving asset-intensive industries including telecom, energy, and utilities. Directly comparable enterprise FSM buyer segment, though positioned as a broader suite rather than a vertical specialist.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
CloseOut social profiles
Digital presenceCloseOut compliance and trust
Trust signalCompliance2 records
CloseOut financial estimates
Financial estimateRevenue estimate
Valuation estimate
CloseOut leadership team
Management profileNumber of profiles
Profiles1 record
CloseOut funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CloseOut M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CloseOut
What does CloseOut do?
CloseOut sells a cloud-based SaaS platform for intelligent live fieldwork quality management (FQM) that enables real-time, AI-powered quality inspection, documentation, workforce management, and HSE compliance on remote infrastructure projects. The platform combines pre-trained computer vision models, live video quality assurance, GIS-based workflow navigation, LiDAR 3D scanning, and automated as-built documentation to help telecom, energy, construction, utilities, and transportation companies eliminate site revisits and achieve first-visit success.
Is CloseOut a public or private company?
CloseOut is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CloseOut founded?
CloseOut was founded in 2019. It employs 11 to 50 people.
Where is CloseOut based?
CloseOut is headquartered in Belgrade.
How does CloseOut make money?
Two revenue lines are on record. SaaS Subscription (Cloud Platform License) is the primary driver. The others are professional Services (Onboarding & Implementation).
Who are CloseOut's main competitors?
Emerging players on record are Fulcrum, SafetyCulture (iAuditor) and JobPlanner. Esri ArcGIS Field Maps is listed as an others. Direct peers are Praxedo and Geomod. Broad incumbents are Trimble Unity, ServiceNow Field Service Management, Salesforce Field Service and IFS Field Service Management.
Does CloseOut have an API?
No public API is recorded for CloseOut.
What industry is CloseOut in?
CloseOut's product category is Fieldwork Quality Management Software. Its primary akta.pro industry code is HDAEANAA, End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management). Its NAICS code is 5415 and its SIC code is 7372.