Inovatools

Beilngries, Germany Founded: 1990 • Age: 36 yrs Acquired By Indutrade
Stainless steel cutting tools are manufactured by Inovatools.

About Inovatools

Inovatools is a company based in Beilngries (Germany) founded in 1990 was acquired by Indutrade in September 2017. It operates as a Direct-to-Consumer (D2C), and Professional Services. Inovatools offers products and services including Tool Configurator, Regrinding Service, and INOSHOP.

  • Headquarter Beilngries, Germany
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Inovatools Eckerle & Ertel Gmbh
Operational Areas
Industrial Goods & Manufacturing → Industrial Equipment & Machinery
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Indutrade

    (Sep 22, 2017)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Products & Services of Inovatools

Inovatools offers a comprehensive portfolio of products and services, including Tool Configurator, Regrinding Service, and INOSHOP. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Tool customization is provided for specific industrial needs.

Tool regrinding is offered to extend equipment lifespan.

Online shopping platform is maintained for tool purchases.

Funding Insights of Inovatools

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Inovatools

Inovatools has secured backing from 1 investor. Prominent investors backing the company include Indutrade. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Components and systems are supplied to various industries.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Inovatools

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Inovatools

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Inovatools Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Inovatools

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Inovatools

Frequently Asked Questions about Inovatools

When was Inovatools founded?

Inovatools was founded in 1990.

Where is Inovatools located?

Inovatools is headquartered in Beilngries, Germany. It is registered at Beilngries, Bavaria, Germany.

What does Inovatools do?

Precision tools are developed and supplied by Inovatools for various industrial applications. Focus is placed on sectors like dental technology, steel, stainless steel, and aluminum processing. Solutions such as tool configuration, regrinding services, and online shopping through INOSHOP are provided. Technical support and innovative digital tools like INOBOT and INOCAM are also offered to enhance customer experience and process optimization.

What products or services does Inovatools offer?

Inovatools offers Tool Configurator, Regrinding Service, and INOSHOP.

Who are Inovatools's investors?

Inovatools has 1 investor. Key investors include Indutrade.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available