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.
- Website
- toolsense.io
- 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
2nd among 43 active competitors
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:
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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 |
View details of ToolSense's funding rounds and investors
ToolSense's founders and board of directors
Founder? Claim ProfileThe founders of ToolSense is Alexander Manafi. Alexander Manafi is the CEO of ToolSense.
Here are the details of ToolSense's key team members:
- Alexander Manafi: Co-Founder & CEO of ToolSense. Contact Info: 1 email address
View details of ToolSense's Founder profiles and Board Members
ToolSense's employee count trend
ToolSense has 77 employees as of Sep 26. Here is ToolSense's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | UpKeep 2015, Los Angeles (United States), Series B | Offers web-enabled asset operations and maintenance management solutions | $48.7M | 65/100 | |
2nd | IoT analytics platform for manufacturing applications | $3.52M | 52/100 | ||
3rd | Asset Infinity 2014, Noida (India), Unfunded | Cloud-based asset tracking and management | - | - | 39/100 |
4th | Industry.AI 2010, Gurugram (India), Funding Raised | Provider of AI and IoT based solutions to automate industrial processes | - | 35/100 | |
5th | Sigga 2001, Houston (United States), Seed | Multi-Industry mobile operation management solutions | - | 33/100 | |
6th | Nexgenam 2006, Sacramento (United States), Unfunded | Online asset management software for facility managers | - | - | 31/100 |
7th | FSC Limited 1976, Toronto (Canada), Acquired | Asset Management Systems for Asset Heavy Companies | - | - | 31/100 |
8th | Bufo Innovations 2016, Bengaluru (India), Unfunded | Provider of video and image based analytics for offline retailers | - | - | 29/100 |
9th | Asset management software solutions for enterprises | - | - | 29/100 | |
10th | 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.
•
ToolSense achieves profitability and prepares for international expansionbrutkasten•Jan 19, 2026•ToolSense
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Viennese asset operations platform ToolSense enters into global strategic partnership with ISSbrutkasten•Sep 06, 2023•ToolSense, ISS FS Integrated Solutions
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Vienna-based ToolSense nabs €3 million to bring live-tracking IoT to power toolsEU-Startups•Jul 29, 2020•ToolSense, Segnalita, Martin Global, BtoV
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