What Asset Services does

Asset Services, doing business as InventoryID, is a privately held U.S. professional services firm that performs wall-to-wall fixed asset inventory tagging, documentation, and valuation for organizations across multiple industries. Founded approximately 30 years ago (1992 per firmographic records; approximately 1994 per company materials), the company operates from Overland Park, Kansas, and is built around a field-services model in which trained inventory specialists physically visit client locations to identify, tag, and value equipment. The core offering is a single integrated service—fixed asset inventory—delivered on-site without requiring clients to install new software; outputs integrate with the client's existing systems and support audits, compliance, insurance documentation, depreciation reporting, and capital planning.

The company serves five primary verticals: Healthcare (e.g., Children's Mercy Kansas City, Children's Nebraska), K-12 Education (Olathe School District, Independence CSD, Postville CSD), C-Stores/QSRs (Murphy USA, with engagements spanning up to 200 locations), Manufacturing, and Professional Sports (Kansas City Chiefs). Customer engagements are quote-based, structured around scope (number of locations, asset volume, industry complexity), and are typically multi-year in cadence, with named anchors demonstrating 10+ year retention. Go-to-market is enterprise field sales driven by website quote requests, industry-specific landing pages, named-customer testimonials, and association participation (e.g., KASBO), with no software product, no app, no API, and no disclosed AI/ML capabilities.

The business carries no disclosed funding, no parent company, no M&A activity, no recent leadership changes, and no certifications or patents. Its value proposition rests on a human-led, multi-vertical service discipline and long-tenured client relationships rather than on proprietary technology, scale economics, or recurring software revenue.

Name

Asset Services

Legal name

InventoryID

Website

https://assetservices.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

Asset Services (DBA InventoryID) is a U.S. field-services firm that physically inventories, tags, and values fixed assets for healthcare, education, C-store/QSR, manufacturing, and professional-sports clients. Operating for 30+ years with no software product, it serves enterprises requiring audit-ready, wall-to-wall asset records across multiple locations.

Ownership category

akta.pro rank

Headquarters

HQ city

Johnson

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Fixed Asset Inventory Services: Physical on-site asset inventory services where specialists visit client locations to perform wall-to-wall tagging, documentation, and valuation of equipment. Revenue is generated through service fees based on scope of work (number of locations, items inventoried, complexity of equipment). No new software required from clients - they work with existing systems.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Asset Services provides on-site fixed asset inventory tagging, tracking, and valuation services in which field specialists physically visit client locations to identify, tag, and value equipment. Deliverables include complete wall-to-wall asset records that integrate with clients' existing systems without requiring new software installation, and the firm tailors documentation formats to verticals such as Healthcare, Education, C-Stores/QSRs, and Manufacturing to support audits, compliance, insurance claims, and capital planning.

Product overview

InventoryID offers a unified fixed asset inventory tagging and tracking service where field experts physically visit client locations to identify, tag, and value equipment. The core offering is a comprehensive fixed asset inventory service that provides wall-to-wall asset records, working with clients' existing systems without requiring new software. The company serves multiple industry verticals including Healthcare, Education, C-Stores/QSRs, Manufacturing, and Other sectors, each with tailored asset management approaches. Services include on-site equipment identification, physical tagging, value assessment, and documentation generation for audits, compliance, and insurance purposes.

Differentiator

Problem solved

Functional benefit

Products and services

• Fixed Asset Inventory Tagging & Tracking On-site fixed asset inventory service in which field specialists visit client locations to identify, tag, and value equipment and produce complete, accurate wall-to-wall asset records for audits, compliance, insurance documentation, and capital planning. The service integrates with clients' existing systems and requires no new software installation.
• Healthcare Asset Management Specialized on-site inventory services for healthcare organizations covering patient care and medical equipment, supporting accurate valuations, capital planning, compliance, and risk reduction of unnecessary equipment replacements, delivered to hospitals, children's hospitals, and clinical engineering teams.
• Education Asset Management On-site inventory and asset tracking service for educational institutions including K-12 school districts, providing comprehensive district-wide fixed asset inventories and room-to-room documentation for insurance and financial reporting purposes.
• C-Stores/QSRs Asset Management Asset inventory service for convenience stores and quick-service restaurants, providing equipment tagging and manufacturing information capture across new store openings, periodic audits spanning 100+ locations, and standardized equipment data for growing retail operations.
• Manufacturing Asset Management Fixed asset inventory service for manufacturing facilities, providing comprehensive equipment tracking, asset valuation, and documentation to support capital equipment tracking, depreciation reporting, and operational asset visibility.
• Other Industries Asset Management Customizable on-site asset inventory and tagging service for organizations outside the core industry verticals, providing tailored solutions to varied asset tracking needs across additional sectors.

Quantifiable outcome

• Tens of thousands of items inventoried across multiple dozen sites in single engagement
• +2 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators4 records

Recent moves5 records

Expansion highlights3 records

Emerging players

• Asset Panda: SaaS asset tracking platform for organizations managing equipment, tools, and fixed assets. Competes indirectly by enabling customers to maintain their own inventories without periodic on-site specialists.
• TRACTIAN: Industrial IoT and asset reliability platform for manufacturing. Threatens InventoryID's physical-audit model in manufacturing by enabling continuous monitoring versus periodic re-inventories.
• CHEQROOM (now Reftab): Equipment and asset management platform. Competes in the same fixed-asset visibility category, particularly for healthcare, manufacturing, and sports/AV operations.
• UpKeep: CMMS and asset operations platform used by manufacturing, facilities, and operations teams. Adjacent fixed-asset management category with overlap in healthcare, manufacturing, and education segments.
• FMX (Facility Management eXpress): Facility and asset management SaaS used widely by K-12 school districts and higher education. Direct competitor for the asset data portion of school district engagements that InventoryID also serves.

Broad incumbents

• AssetWorks: Enterprise asset management software primarily serving higher education, government, and healthcare. Overlaps with InventoryID at the asset ledger/depreciation layer that InventoryID's deliverables ultimately feed into.
• Fiix (by Rockwell Automation): Maintenance and asset management CMMS platform owned by Rockwell Automation. Targets manufacturing and facilities — the same verticals where InventoryID serves multi-site engagements.
• ServiceNow (IT Asset Management): Enterprise platform with an ITAM module covering fixed-asset records, depreciation, and audit. Large incumbent whose customers may internalize the asset-inventory function InventoryID traditionally outsourced.
• Accruent: Facilities and asset lifecycle management software for healthcare, higher education, and corporate real estate. Competes at the system-of-record layer that ultimately consumes InventoryID's physical-verification output.

Others

• Wasp Barcode Technologies: Asset tracking hardware and software for SMBs, including barcode/RFID tagging tooling. Adjacent enabling vendor whose products some customers could deploy to perform inventories in-house instead of outsourcing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/AssetServicesInc
• LinkedInlinkedin.com/company/asset-services

Revenue estimate

Valuation estimate

Number of profiles

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 Asset Services