MARKT PILOT

Chicago, United States Founded: 2020 • Age: 6 yrs
Automated spare parts pricing software is offered to machine manufacturers.

About MARKT PILOT

MARKT PILOT is a company based in Chicago (United States) founded in 2020. MARKT PILOT has raised $49.76 million across 2 funding rounds from investors including Capnamic Ventures and Insight Partners. MARKT PILOT offers products and services including PRICERADAR and PRICEGUIDE. MARKT PILOT operates in a competitive market with competitors including PandaDoc, Conga, PROS Holdings, Sigma Systems and Apttus, among others.

  • Headquarter Chicago, United States
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website markt-pilot.com/en
  • Social LinkedIn X Instagram YouTube
  • Legal Name Markt-Pilot Gmbh
Key Metrics
  • Total Equity Funding
    $49.76M (USD)

    in 2 rounds

  • Latest Funding Round
    $43M (USD), Series A

    Apr 2024

  • Investors

Products & Services of MARKT PILOT

MARKT PILOT offers a comprehensive portfolio of products and services, including PRICERADAR and PRICEGUIDE.

PRICERADAR
Market Pricing Tool

Automated solution for collecting market pricing and lead time data.

PRICEGUIDE
Price Recommendation Tool

Automated system for optimized price suggestions on spare parts.

Apps and channels of MARKT PILOT

its YouTube channel MARKT-PILOT has 91 subscribers and 30 videos.

MARKT-PILOT
YouTube 91 subscribers 30 videos Howto & Style
Open channel

Videos from MARKT PILOT

The most watched videos on MARKT PILOT's YouTube channel, MARKT-PILOT (91 subscribers). Click a video to play it here.

MARKT-PILOT | Mehr Effizienz im Maschinenbau-After Sales
704 views
3 years of MARKT-PILOT | 3 Highlights with founder Tobias Rieker
356 views
MARKT-PILOT | OPTIMA: Proaktiver Ersatzteilvertrieb mit Marktdaten
342 views
MARKT-PILOT | OPTIMA: Market Data enables Proactive Parts Distribution
304 views

More on MARKT-PILOT.

Funding Insights of MARKT PILOT

MARKT PILOT has successfully raised a total of $49.76M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $43 million completed in April 2024. 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.

  • Total Funding $49.76M
  • Total Rounds 2
  • Last Round Series A β€” $43M
  • First Round $6.76M

    (Apr 2022)

  • Investors Count 2

All 2 funding rounds of MARKT PILOT with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2024$43MSeries A–Insight Partners
Apr 2022$6.76MSeed–Capnamic Ventures
–
Valuation history

2 investors in total: 2 institutional.

Investors in MARKT PILOT

MARKT PILOT has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Capnamic Ventures and Insight Partners.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Seed-stage to series A investments are targeted by Capnamic Ventures.
–capnamic.comCologne, Germany
Investment firm scaling software and technology companies from early to late stages.
–insightpartners.com-
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Investor details for MARKT PILOT

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
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People of MARKT PILOT

11 people are tracked at MARKT PILOT (5 in leadership, 6 in team).

NameRoleGroup
Alex Morbe
CEOLeadership
Mathew Cropper
Director, ProductLeadership
Stefan Deuschle
Head of Customer SuccessLeadership
Gregor Gatermann
Co-founder & Business AngelLeadership
Tim Geyer
Managing Director North AmericaLeadership
Irma Baltic
Talent Acquisition ManagerTeam
Luca Sonntag
Senior Product ManagerTeam
Alexander Schunk
Senior Customer Success ManagerTeam
Dennis Scollar
Senior Product Manager - AI & DataTeam
Kader Ş.
Business Operations ManagerTeam
Dinah Lohrer
Product DesignerTeam
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Complete people profiles for MARKT PILOT

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
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Verified entity values are shown only after access is granted.

Timeline of MARKT PILOT

3 dated milestones of MARKT PILOT across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded MARKT PILOT is founded.
  2. Funding First funding round of $6.8M.
  3. Funding Latest funding round, Series A, of $43.0M.

Competitors of MARKT PILOT

MARKT PILOT 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 PandaDoc, Conga, PROS Holdings, Sigma Systems and Apttus, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
pandadoc.com2011San Francisco, United States$69.81M181
Document workflows are automated and managed for sales teams.
conga.com2006Broomfield, United States$140.09M266
Contract lifecycle management is facilitated via a cloud-based platform.
pros.com1985Houston, United States–1,486
Cloud-based CPQ and revenue optimization solutions are offered.
sigma-systems.com1996Toronto, Canada$21M–
Product, order management, and network provisioning solutions are provided.
apttus.com2006San Mateo, United States$474.25M680
Quote-to-cash solutions for businesses
nue.io2019San Francisco, United States$35.03M–
Price builder solutions are offered for revenue operations strategies.
tacton.com1998Stockholm, Sweden––
Configuration, pricing, and quotation of complex products are simplified.
pricefx.com2011Pfaffenhofen, Germany$131.22M–
Cloud and AI-based pricing management software is offered for businesses.
steelbrick.com2009San Francisco, United States$77.5M39,662
Provider of CPQ application software
verusen.com2019Atlanta, United States$33M–
AI-enabled platform for enterprise material and inventory management is provided.
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Detailed competitors of MARKT PILOT

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of MARKT PILOT

The website of MARKT PILOT (markt-pilot.com) receives about 17.2K visits a month.

  • Monthly visits
    17.2K

    ▲ 45.4% vs previous month

Latest news on Markt Pilot

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Complete news archive for MARKT PILOT

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to MARKT PILOT

10 companies that operate in the same segment as MARKT PILOT (Sales Force Automation), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of AI-powered customer relationship management software
2005Cambridge, Massachusetts, United StatesUSD 100.7 MUSD 3.13 B8,250
Contact databases and sales intelligence are supplied to businesses.
2000Vancouver, Washington, United StatesUSD 32 MUSD 1.25 B3,510
Sales prospecting and engagement tools are offered to enterprises.
2011Atlanta, Georgia, United StatesUSD 246.48 M––
Cloud-based CRM and collaboration solutions are provided for enterprises.
1999San Francisco, California, United StatesUSD 52 MUSD 37.9 B76,450
Cloud and AI-based electronic signatures and contract management are provided.
2003San Francisco, California, United StatesUSD 520 MUSD 3.22 B6,840
Cloud-based business process management suite solutions are delivered.
2010San Mateo, California, United StatesUSD 872.56 MUSD 838.81 M4,400
Lead management platform with analytics and engagement tools is provided.
2015San Francisco, California, United StatesUSD 250.42 M––
Cloud and AI-based sales enablement platforms are provided for teams.
2010San Diego, California, United StatesUSD 426.5 M––
Business card management software for enterprises
2007Tokyo, Tokyo, JapanUSD 118.47 MUSD 337.55 M2,230
Meetings are scheduled via a cloud-based collaboration platform.
2013Atlanta, Georgia, United StatesUSD 351.51 M––
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Frequently Asked Questions about MARKT PILOT

MARKT PILOT was founded in 2020 and raised its 1st funding round 2 years after it was founded.

MARKT PILOT is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Alex Morbe is the current CEO of MARKT PILOT.

MARKT PILOT is a funded company, having raised a total of $49.76M across 2 funding rounds to date. The company's 1st funding round was a Seed of $6.76M, raised on Apr 2022.

Provider of automated spare parts pricing software for machine manufacturers. This software offers solutions for market pricing and lead time data collection, as well as optimized price recommendations. The software is designed to support data-driven decision-making and strategic planning, ultimately contributing to revenue growth. It provides access to comprehensive market data and tailored pricing suggestions, supported by expert consultants. The platform includes tools for automated research and manual deep dives, ensuring a thorough and accurate pricing strategy.

MARKT PILOT's top competitors include Conga, PandaDoc and Pricefx.

MARKT PILOT offers PRICERADAR and PRICEGUIDE.

MARKT PILOT has 2 investors. Key investors include Capnamic Ventures, and Insight Partners.

MARKT PILOT operates through Markt-Pilot Gmbh.

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