About Glove Systems
Glove Systems is a company based in Kitchener (Canada) founded in 2018 by Ray Simonson. Glove Systems has raised $50 thousand across 1 funding round from investors including Velocity. Glove Systems operates in a competitive market with competitors including SigmaNEST, WeldNote, Smart Welding Manager, granIT and MAJIQ, among others.
- Headquarter Kitchener, Canada
- Founders Ray Simonson
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$50 K (USD)
in 1 rounds
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Latest Funding Round
$50 K (USD), Seed
Mar 27, 2019
- Investors
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Employee Count
Not available
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People of Glove Systems
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Funding Insights of Glove Systems
Glove Systems has successfully raised a total of $50K through 1 strategic funding round. The most recent funding activity was a Seed round of $50 thousand completed in March 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Glove Systems
Glove Systems has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Velocity.
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Velocity is supported as a startup incubator by the University of Waterloo.
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Investor details for Glove Systems
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Investments & Acquisitions by Glove Systems
Investment portfolio details for Glove Systems
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Financial Statements - Glove Systems
Detailed financials for Glove Systems
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Glove Systems Comparisons
Peer comparison for Glove Systems
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Competitors of Glove Systems
Glove Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SigmaNEST, WeldNote, Smart Welding Manager, granIT and MAJIQ, among others.
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Cloud-based CAD/CAM nesting software is developed for manufacturing.
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Welding management software
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Cloud-based platform for managing welding procedures and projects efficiently.
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IoT-based manufacturing execution solutions are provided for industries.
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MAJIQ is recognized for providing manufacturing execution systems tailored for the pulp and paper industry.
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Detailed competitors of Glove Systems
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Latest news on Glove Systems
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Frequently Asked Questions about Glove Systems
Glove Systems was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Glove Systems is headquartered in Kitchener, Canada. It is registered at Kitchener, Ontario, Canada.
Ray Simonson is the current CEO of Glove Systems. They have also founded this company.
Glove Systems is a funded company, having raised a total of $50K across 1 funding round to date.
Glove Systems was founded in 2018 and is located in Kitchener, Canada. AI-based 3D imaging software is offered for the fabrication industry, with products including Glove Receive for component inspection and non-compliance documentation, Glove Fit for process visualization to detect assembly errors, and Glove Document for assembly records before shipping. The software is applied in petrochemical, shipbuilding, oil gas, and power generation sectors.
Glove Systems has 1 investor. Key investors include Velocity.