Spread - About the company
Spread is a series B company based in Berlin (Germany), founded in 2017 by Daniel Halbig and Philipp Noll. It operates as a Provide digital engineering assistant software for the manufacturing industry. Spread has raised $46M in funding from HV Capital. The company has 96 active competitors, including 11 funded and 9 that have exited. Its top competitors include companies like PTC, Aras and One Click LCA.
Company Details
Provide digital engineering assistant software for the manufacturing industry. It uses AI that analyzes product data to extract engineering insights from designs to troubleshoot and rectify errors. The offering sectors include automotive, aerospace, production, and more.
- Website
- www.spread.ai/
- Email ID
- *****@spread.ai
Key Metrics
Founded Year
2017
Location
Berlin, Germany
Stage
Series B
Total Funding
$46M in 4 rounds
Latest Funding Round
Investors
Ranked
4th among 96 active competitors
Employee Count
92 as on Sep 30, 2026
Legal entities associated with Spread
Spread is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
SPREAD GmbH CIN: HRB116653 , Germany, Active | Sep 11, 2019 | - | - |
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Spread's funding and investors
Spread has raised a total funding of $46M over 4 rounds. Its first funding round was on Apr 30, 2021. Its latest funding round was a Series B round on Jul 28, 2026 for $*****. 1 investor participated in its latest round. Spread has 14 institutional investors and 15 angel investors.
Here is the list of recent funding rounds of Spread:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 28, 2026 | 7886322 | Series B | 4362494 | 3675421 | 6974306 | 9736872 |
Apr 29, 2026 | 3210654 | Series B | 2758402 | 7545376 | 6462283 | |
May 03, 2023 | 6528433 | Series A | 3499824 | 3551753 |
View details of Spread's funding rounds and investors
Spread's founders and board of directors
Founder? Claim ProfileHere are the details of Spread's key team members:
- Daniel Halbig: Co-Founder & CEO of Spread. They serve on the board of 1 company.
- Philipp Noll: Co-founder & Managing Director of Spread. They serve on the board of 1 company.
Spread's Board of Directors
Spread's board has 2 active members. Philipp Noll and Robert Göbel are part of team.Here is the list of Spread's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 10m | |
Team | - | Current | 6y 10m | |
tacqyft | Team | - | Past | 1y 9m |
fpctj{x | Independent board member | - | Past | 4y 1m |
View details of Spread's Founder profiles and Board Members
Spread's employee count trend
Spread has 92 employees as of Sep 26. Here is Spread's employee count trend over the years:
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Spread's Competitors and alternates
Top competitors of Spread include PTC, Aras and One Click LCA. Here is the list of Top 10 competitors of Spread, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PTC 1985, Boston (United States), Acquired | Provider of software for product lifecycle management, CAD, IoT, and service | - | 73/100 | |
2nd | Aras 2000, Andover (United States), Series E | Low code platform offering software to build applications and a PLM software | $139M | 65/100 | |
3rd | One Click LCA 2001, Helsinki (Finland), Late Stage | Provider of lifecycle assessment software for construction and manufacturing industries | $43.8M | 60/100 | |
4th | Provide digital engineering assistant software for the manufacturing industry | $46M | 54/100 | ||
5th | Centric Software 1997, Los Gatos (United States), Acquired | Platform offering software product lifecycle management software | $80.9M | 57/100 | |
6th | Provider of PLM and SAP implementation services | - | 53/100 | ||
7th | Arevo 2013, Santa Clara (United States), Deadpooled | Provides product lifecycle management software | $70.8M | 49/100 | |
8th | Foundation EGI 2023, Los Altos (United States), Series A | Provider of AI-powered platform for hardware engineering | $30.6M | 48/100 | |
9th | Siemens PLM Software 1963, Plano (United States), Unfunded | Developer of software for product life cycle management | - | - | 41/100 |
10th | EcoChain 2011, Amsterdam (Netherlands), Series A | Provider of software for product footprinting, environmental product declarations, and LCAs | $5.52M | 41/100 |
Looking for more details on Spread's competitors? Click here to see the top ones
Spread's Investments and acquisitions
Spread has made no investments or acquisitions yet.
Reports related to Spread
Here is the latest report on Spread's sector:
News related to Spread
Media has covered Spread for a total of 3 events in the last 1 year.
•
Lockheed Martin Ventures Invests in Spread AI; Hogan Lovells Advises Spread AIExtrajournal•Aug 14, 2026•Lockheed Martin, Spread
•
German SPREAD AI Raises $30M in Series B FundingStartup Rise EU•Apr 29, 2026•Thesigercapital.com, Salesforce Ventures, Spread, DTCP and 4 others
•
Engineering Intelligence startup Spread snaps $16M in Series A fundingTech Funding News•May 03, 2023•Spread, HV Capital, Cavalry Ventures, Summit Partners
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