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ToolSense - About the company

ToolSense is a series A company based in Vienna (Austria), founded in 2016 by Alexander Manafi. It operates as an IoT analytics platform for manufacturing applications. ToolSense has raised $3.52M in funding from PwC Germany and b2venture. The company has 43 active competitors, including 3 funded and 2 that have exited. Its top competitors include companies like UpKeep, Asset Infinity and Industry.AI.

Company Details

IoT analytics platform for manufacturing applications. The solution consists of an analytics platform that interfaces with the sensors for processing the collected data and compresses the same to provide actionable insights. It provides tools for asset and maintenance management, lifecycle product development, equipment safety inspections, forms creation, language integrations, etc. The offering sectors include manufacturing, mining, construction, real estate, hospitality, etc. It is a tool available on the subscription based pricing model.
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Email ID
*****@toolsense.io
Key Metrics
Founded Year
2016
Location
Vienna, Austria
Stage
Series A
Total Funding
$3.52M in 5 rounds
Latest Funding Round
Investors
Ranked
Employee Count
77 as on Sep 30, 2026
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ToolSense's funding and investors

ToolSense has raised a total funding of $3.52M over 5 rounds. Its first funding round was on Sep 18, 2017. Its latest funding round was a Series A round on Apr 13, 2026 for $*****. 1 investor participated in its latest round. ToolSense has 10 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of ToolSense:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 13, 2026
4098090
Series A
9948817
5872852
1066689
4895107
Dec 12, 2022
9204088
Series A
8371302
3300442
1937069
Jul 29, 2020
5440949
Seed
2745367
9244278
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ToolSense's founders and board of directors

Founder? Claim Profile
The founders of ToolSense is Alexander Manafi. Alexander Manafi is the CEO of ToolSense.
Here are the details of ToolSense's key team members:

ToolSense's employee count trend

ToolSense has 77 employees as of Sep 26. Here is ToolSense's employee count trend over the years:
Employee count trend for ToolSense
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ToolSense's Competitors and alternates

Top competitors of ToolSense include UpKeep, Asset Infinity and Industry.AI. Here is the list of Top 10 competitors of ToolSense, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for UpKeep
UpKeep
2015, Los Angeles (United States), Series B
Offers web-enabled asset operations and maintenance management solutions
$48.7M
65/100
2nd
Logo for ToolSense
ToolSense
2016, Vienna (Austria), Series A
IoT analytics platform for manufacturing applications
$3.52M
52/100
3rd
Logo for Asset Infinity
Asset Infinity
2014, Noida (India), Unfunded
Cloud-based asset tracking and management
-
-
39/100
4th
Logo for Industry.AI
Industry.AI
2010, Gurugram (India), Funding Raised
Provider of AI and IoT based solutions to automate industrial processes
-
35/100
5th
Logo for Sigga
Sigga
2001, Houston (United States), Seed
Multi-Industry mobile operation management solutions
-
33/100
6th
Logo for Nexgenam
Nexgenam
2006, Sacramento (United States), Unfunded
Online asset management software for facility managers
-
-
31/100
7th
Logo for FSC Limited
FSC Limited
1976, Toronto (Canada), Acquired
Asset Management Systems for Asset Heavy Companies
-
-
31/100
8th
Logo for Bufo Innovations
Bufo Innovations
2016, Bengaluru (India), Unfunded
Provider of video and image based analytics for offline retailers
-
-
29/100
9th
Logo for Hardcat
Hardcat
1986, South Melbourne (Australia), Unfunded
Asset management software solutions for enterprises
-
-
29/100
10th
Logo for T Service
T Service
Gennep (Netherlands), Unfunded
Provider of hardware and services for temperature registration and monitoring
-
-
28/100
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ToolSense's Investments and acquisitions

ToolSense has made no investments or acquisitions yet.

Reports related to ToolSense

Here is the latest report on ToolSense's sector:

News related to ToolSense

Media has covered ToolSense for 1 event in last 1 year, It was about company updates.
•
Smart technology for toolsKHL Group•Apr 10, 2019•Tyrolit, ToolSense, Deutsche Telekom
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FAQs about ToolSense

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