Novatech

What Novatech does

Novatech Inc is a privately held Scottsdale, Arizona-based distributor and sales agent (founded 1985, 51–100 employees) that represents European and US manufacturers of precision cutting tool grinding equipment and work-holding systems for the North American market. The company does not design or manufacture its own machines; instead, it curates a multi-vendor catalog of drill grinders, tool and cutter grinders, and tool-holding collets, and resells them alongside proprietary aftermarket consumables (diamond, CBN, silicon carbide, and borazon grinding wheels; drill chucks; point splitters; and wheel dressers).

The technical product set centers on a small number of high-precision capital machines: the Monaset CM-2 universal radius tool grinder (workhead swing 12 inches, ball-screw mechanism, $37,580 list), the M40 Cincinnati No. 2-style tool and cutter grinder, the TDR/SRD 80-M/82-R/82-B drill grinder family covering 1/16 to 1-1/2 inch drills, the optical Mega Point drill grinder, and the Meteor MM 12 series (variants for PCB micro-drills, gun drills, and long drills). Supporting these are Schaublin collets, replacement chucks, point splitters, and grinding wheels sized to specific machine mounts. Published technical specs include drill point concentricity of .001 inch lip-to-lip and angle range 85–160 degrees, positioning the equipment for high-precision milling and drilling of exotic or expensive parts.

Commercially, Novatech runs a direct-to-consumer model through its e-commerce storefront (store.novatechonline.com) with UPS ground fulfillment, supplemented by direct sales and technical consultation for buyers with intricate manufacturing applications. Pricing is a mix of one-time capital equipment sales ($1,926 for the basic TDR/SRD 80-M, $3,582 for the 82-B, $37,580 for the Monaset CM-2) and unit-priced aftermarket parts ($31–$562 for consumables, $306–$580 for diamond grinding wheels, $338–$449 for chucks). Revenue is not publicly disclosed; the customer base appears to be a long tail of SMB precision manufacturers and in-house tool rooms, with no named enterprise anchors or disclosed customer concentration. There are no funding rounds, M&A activity, patents, or disclosed AI/ML capabilities in the source data.

Name

Novatech

Legal name

Novatech Inc

Website

https://novatechonline.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

51–100 employees

Short description

Novatech Inc is a Scottsdale, Arizona-based industrial distributor (founded 1985) that resells European and US-made precision cutting tool grinding equipment — drill grinders, universal tool grinders, and tool-holding collets — along with proprietary aftermarket consumables, to North American precision manufacturers and tool rooms.

Ownership category

akta.pro rank

Product category

Industrial Cutting Tool Grinding Equipment

NAICS

Machine Tool Manufacturing (333517), Cutting Tool and Machine Tool Accessory Manufacturing (333515)

SIC

Metalworkg Machinery & Equipment (3540), Machine Tools, Metal Cutting Types (3541)

akta.pro primary industry

Grinding, Honing & Superfinishing Equipment (IMAHADAE)

Keywords

• Cutting tool grinding equipment
• Drill grinding machines
• Tool holding systems
• Work holding systems
• Precision grinding equipment

Headquarters

HQ city

Scottsdale

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Marketing or Sales, Personnel

Revenue model

1. Grinding Equipment Sales: Sale of cutting tool grinding equipment including drill grinders, tool grinders, and CNC grinders. Products range from basic drill sharpeners to advanced universal tool grinders. Equipment is sold as one-time capital purchases with prices varying by model complexity and specifications.
2. Parts and Accessories: Sale of replacement drill chucks, grinding wheels (diamond, Borazon, silicon carbide), spare parts, tool holders, and accessories for the grinding equipment product lines
3. Toolholding Systems: Sale of Schaublin collets and work holding systems for tool and workpiece holding in precision grinding and machining operations

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Novatech is a distributor and sales agent representing sophisticated European and US-based manufacturers of cutting tool grinding equipment, tool- and work-holding systems. The company sells drill grinders, universal tool grinders, collets, grinding wheels, and accessories directly to manufacturers requiring precision cutting tool maintenance for intricate production applications. It supports customers with consultation services and operates its own e-commerce storefront for direct purchasing.

Product overview

Novatech is a distributor and agent for cutting tool grinding equipment, tool- and work holding systems. The product portfolio centers on drill grinders and tool grinders, including the CM-2 Monaset and M40 Tool Grinders for general tool grinding, the Mega Point and Meteor MM 12 series for specialized drill point grinding with various models for PCB drills, gun drills, and standard applications, and the TDR/SRD Drill Grinder system with multiple models (80-M, 82-R, 82-B) covering drills from 1/16 to 1-1/2 inches. Supporting these core products are accessories including Schaublin collets, drill chucks, replacement grinding wheels (diamond, CBN, silicon carbide, borazon), handheld grinding wheel dressers, and spare parts. The company represents European and US-based manufacturers and provides consultation services for manufacturing applications requiring precision cutting tool maintenance.

Differentiator

Problem solved

Functional benefit

Products and services

• CM-2 Monaset Tool Grinder

Quantifiable outcome

• Drill point concentricity of .001 inch lip to lip on TDR/SRD grinders
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• TopworkcoreChannel Partner/ Reseller/ DistributorTopwork is a manufacturer represented by Novatech for tool grinding equipment including the Monaset CM-2 Tool Grinder with ball screw sold through Novatech's distribution network
• TDR/SRD (Service Precision Grinding Company Inc)coreChannel Partner/ Reseller/ DistributorTDR/SRD is a USA-based manufacturer of drill grinders (80-M, 82-R, 82-B models) and replacement parts including chucks and grinding wheels. Designed and manufactured in the USA.
• SchaublincoreChannel Partner/ Reseller/ DistributorSchaublin is a manufacturer of precision collets, including Type W, B, L pull-type collets with external thread, sold through Novatech's toolholding product category
• BergerminorChannel Partner/ Reseller/ DistributorBerger is a manufacturer represented by Novatech in their product catalog
• DamaminorChannel Partner/ Reseller/ DistributorDama is a manufacturer represented by Novatech in their product catalog

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Rollomatic: Rollomatic designs and manufactures precision CNC tool grinders and is a comparable peer in the precision tool grinding equipment market. Both compete for customers producing cutting tools requiring high concentricity and point geometry control.
• Travers Tool Co. Travers Tool is a US industrial distributor of cutting tools, machine tool accessories, and workholding — a comparable specialty industrial tooling distributor serving similar precision manufacturing customer segments.
• KBC Tools: KBC Tools is a US-based distributor of industrial machine tools, cutting tools, and shop supplies with comparable distribution model. Both target small-to-mid precision manufacturing shops via catalog/e-commerce channels.
• Kellenberger (Hardinge): Kellenberger manufactures precision cylindrical and tool grinding machines for industrial and toolroom applications. Overlaps with Novatech's CM-2 Monaset and M40 tool grinder offerings for high-precision tool maintenance.
• Schaudt Mikrosa (United Grinding Group): Schaudt Mikrosa manufactures precision cylindrical and non-cylindrical grinding machines used for cutting tool production. Notable as Novatech also represents Schaublin collets from the broader Schaublin/Schaudt-related tool holding ecosystem.
• Productivity Inc: Productivity Inc is a US-based distributor of metalworking tooling, machine tools, and accessories — a direct comparable to Novatech's distributor/agent business model serving precision manufacturing customers.
• Reinecker Werkzeugbau: Reinecker is a German manufacturer of tool and cutter grinders with comparable niche positioning to Novatech's product lines. Both serve European-sourced precision tool grinding equipment markets with similar capabilities.
• Walter Maschinenbau (Ewag): Walter produces tool grinding machines for cutting tool production and resharpening, directly competing with Novatech's tool grinder offerings. Both target manufacturers needing precision tool maintenance and regrinding equipment.
• ANCA: ANCA manufactures CNC tool and cutter grinders and is a direct competitor to the Monaset CM-2 and M40-style equipment Novatech distributes. Both serve precision tool grinding customers with overlapping end-use cases in cutting tool manufacturing and resharpening.

Broad incumbents

• United Grinding Group: United Grinding Group is the parent company of Studer, Schaudt, Mikrosa, Walter, and Ewag — offering a comprehensive portfolio of grinding equipment overlapping Novatech's precision tool grinding niche with significantly broader scope.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/novatechinc

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 Novatech