About Prodsmart
Prodsmart is a Technology company based in Lisbon (Portugal) founded in 2012, and was acquired by Autodesk in February 2022. Real-time analytics for production lines. It operates in the Technology and Industrial Goods & Manufacturing sectors. Prodsmart has raised $1.61 million across 5 funding rounds from investors including Autodesk, European Union and Join Capital. The company was acqui-hired. Its focus areas include Enterprise Applications, Vertical Business Intelligence, Industry Specific and Heavy Industries.
Company details
Prodsmart was founded in 2012 in Lisbon, Portugal, as a cloud-based Manufacturing Execution System. Data is collected from shop floors using mobile phones and sensors to deliver real-time manufacturing analytics. Custom metrics are defined by users, and notifications are issued for events such as worker rotations, equipment malfunctions, and pattern deviations. Operations focus on the manufacturing sector to support data-driven decisions across production environments.
- Headquarters Lisbon, Portugal
- Stage Acquired
- SectorsTechnologyIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website prodsmart.com
- Social LinkedIn X Facebook
- Acquired by Autodesk (Feb 2022)
Funding Insights of Prodsmart
Prodsmart has successfully raised a total of $1.61M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $57.19 thousand completed in December 2018. 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 $1.61M
- Total Rounds 5
- Last Round Grant — $57,190
- First Round $109,000
(Feb 2016)
- Investors Count 11
All 5 funding rounds of Prodsmart with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2018 | $57,190 | Grant | – | – | |
| Jul 2018 | $58,385 | Grant | – | – | |
| Jun 2017 | $1.5M | Seed | – | – | |
| Jun 2016 | $28,444 | Grant | – | – | |
| Feb 2016 | $109,000 | Seed | – | – |
12 investors in total: 8 institutional and 4 angel.
Investors in Prodsmart
Prodsmart has secured backing from 12 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Autodesk, European Union and Join Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments in deep tech sectors are facilitated. | join.capital | Berlin, Germany | ||
Private equity and Venture capital firm | caixacapital.pt | Lisbon, Portugal | ||
Innovation Nest is recognized as a European venture capital firm. | innovationnest.com | Kraków, Poland | ||
TechFounders is engaged in fostering partnerships between corporates and startups. | techfounders.com | |||
Venture capital investments are focused on healthcare and multiple sectors. | caixacapitalrisc.es | Barcelona, Spain | ||
Government agency and accelerator focusing on innovative startups and SMEs | eicfund.eu | Brussels, Belgium | ||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Provider of cloud-based 3D CAD modeling software for the AEC industry | 1982 | autodesk.com | San Francisco, United States | |
TV Telmo Valido | unknown_eb2c5ff8244742dea | |||
PT Pedro Trinite | Angel investor focusing on Indian startups, based in Mumbai. | unknown_e7662764822a4c09b |
Investor details for Prodsmart
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Prodsmart
4 dated milestones of Prodsmart across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Prodsmart is founded.
- Funding First funding round of $109K.
- Funding Latest funding round, Grant, of $57K.
- Exit Acquired by Autodesk.
Web traffic of Prodsmart
Websites that share an audience with Prodsmart (prodsmart.com).
Websites whose visitors overlap most with Prodsmart. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| qualcomm.com | 100% | 3.5M | #16,109 | View details | |
google.pt | google.pt | 83% | #3,305 | – | |
| github.com | 83% | 542.6M | #65 | View details | |
| linkedin.com | 83% | 1.9B | #18 | View details |
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Frequently Asked Questions about Prodsmart
Prodsmart was founded in 2012 and raised its 1st funding round 4 years after it was founded.
Prodsmart is headquartered in Lisbon, Portugal.
Prodsmart is a funded company, having raised a total of $1.61M across 5 funding rounds to date. The company's 1st funding round was a Seed of $109K, raised on Feb 2016.
Prodsmart was founded in 2012 in Lisbon, Portugal, as a cloud-based Manufacturing Execution System. Data is collected from shop floors using mobile phones and sensors to deliver real-time manufacturing analytics. Custom metrics are defined by users, and notifications are issued for events such as worker rotations, equipment malfunctions, and pattern deviations. Operations focus on the manufacturing sector to support data-driven decisions across production environments.
Prodsmart has 12 investors. Key investors include Autodesk, European Union, Join Capital, Caixa Capital, and Telmo Valido.
Yes. Prodsmart was acquired by Autodesk in February 2022.