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MARKT-PILOT raised $43 Million in a Series A led by Insight Partners to strengthen international market position.

PRIVATEApr 23, 2024

Amount Raised

$43 Million

Round Type

Series A

Esslingen am NeckarManufacturingSoftwareAutomotive

Investors

CapnamicInsight Partners

Description

MARKT-PILOT, the German-based start-up with a worldwide unique SaaS solution for optimized, dynamic pricing, announced the successful completion of a $43 Million Series A financing round, led by global software investor Insight Partners with participation from existing investor Capnamic. The company plans to use the capital to further expand its business in Europe and the US, solidifying its position as a global player in the manufacturing market.

Quick answer

MARKT-PILOT raised $43 Million in a Series A round, dated April 23, 2024. Investors: Capnamic and Insight Partners. MARKT-PILOT is based in Esslingen am Neckar, Baden-Württemberg, Germany.

How much did MARKT-PILOT raise?
MARKT-PILOT raised $43 Million in a Series A round on April 23, 2024.
Who invested in MARKT-PILOT?
Capnamic and Insight Partners are named as investors in this round.
What does MARKT-PILOT do?
MARKT-PILOT solves the biggest challenge in the service and after-sales business of machine manufacturers and enables market-oriented spare parts pricing through automated market price research.
Where is MARKT-PILOT based and how big is it?
MARKT-PILOT is based in Esslingen am Neckar, Baden-Württemberg, Germany.
Who are the decision-makers at MARKT-PILOT?
Fundz holds 1 contact at MARKT-PILOT. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Automotive and Manufacturing around the same time

Companies in the same sectors as MARKT-PILOT that raised within 45 days of this round, from Fundz verified event records.

  • Lucid Group raised $1B (Funding Round) on March 25, 2024.
  • indie Semiconductor raised an undisclosed amount (Corporate Round) on March 20, 2024.
  • Applied Intuition raised $250M (Series E) on March 12, 2024.
  • Infleqtion raised $7.5M on June 6, 2024.
  • Aptera Motors raised $134K (Seed) on June 6, 2024.
  • Powered By MRP raised an undisclosed amount (Series A) on June 5, 2024.

Who to call at MARKT-PILOT, and when

A new round usually means MARKT-PILOT is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

MARKT-PILOT

Location

Esslingen am Neckar, Baden-Württemberg, Germany

About

MARKT-PILOT solves the biggest challenge in the service and after-sales business of machine manufacturers and enables market-oriented spare parts pricing through automated market price research. The globally unique SaaS solution is based on many years of experience in machine manufacturing and after-sales and creates full market transparency for the first time regarding the offer, prices, and delivery times of spare parts. Machine manufacturers benefit from previously untapped potential in the spare parts business, can work on data, and react proactively to market dynamics. The result: more sales and customer satisfaction. MARKT-PILOT was founded in 2020 and currently employs over 130 people.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

MARKT-PILOT raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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