About ProGlove
ProGlove is a company based in Munchen (Germany) founded in 2014 by Jonas Girardet, Thomas Kirchner, and Paul Gunther was acquired by Nordic Capital in May 2022. ProGlove has raised $49.06 million across 6 funding rounds from investors including Intel, Summit Partners and GETTYLAB. ProGlove offers products and services including MARK Display, MARK 3, INSIGHT Analytics, and MAI. ProGlove operates in a competitive market with competitors including Scandit, BitRip, Dynamsoft, Barcode Live and Barcode to PC, among others.
- Headquarter Munchen, Germany
- Founders Jonas Girardet, Thomas Kirchner, Paul Gunther
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Sectors
TechnologyTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Workaround Gmbh
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$49.06 M (USD)
in 6 rounds
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Latest Funding Round
$40 M (USD), Series C
Sep 09, 2019
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Investors
Intel
& 6 more
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Employee Count
Not available
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Acquired by
Nordic Capital
(May 04, 2022)
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Products & Services of ProGlove
ProGlove offers a comprehensive portfolio of products and services, including MARK Display, MARK 3, INSIGHT Analytics, and MAI.
Hands-free barcode scanner for efficient warehouse operations
Advanced scanner improving speed and accuracy in manufacturing
Analytics tool for tracking scanning data and productivity
Intelligent wearable for worker guidance and process optimization
People of ProGlove
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Sales and Marketing
23 people
Software Development Team
9 people
Human Resources and Administration
8 people
Leadership Team
6 people
Channel Team
5 people
Creative and Marketing Team
4 people
Key Team
3 people
Product Management Team
2 people
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Funding Insights of ProGlove
ProGlove has successfully raised a total of $49.06M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $40 million completed in September 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 ProGlove
ProGlove has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Intel, Summit Partners and GETTYLAB.
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Summit Partners is recognized as a growth equity investment firm.
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Venture capital and private equity are provided by GETTYLAB to technical founders.
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High-tech industries are targeted for investments by Bayern Kapital.
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Investor details for ProGlove
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Investments & Acquisitions by ProGlove
Investment portfolio details for ProGlove
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Financial Statements - ProGlove
Detailed financials for ProGlove
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Proglove Comparisons
Peer comparison for ProGlove
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Competitors of ProGlove
ProGlove 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 Scandit, BitRip, Dynamsoft, Barcode Live and Barcode to PC, among others.
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Provider of SDK for smart data capture from barcodes, files, and IDs
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Provider of a scannable tape that can store data
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Offers SDKs for document scanning, barcode reading, and mobile capture solutions.
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A QR scanning app delivering comprehensive scanning solutions.
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Software for scanning barcodes, exporting data, and automating operations in industries.
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Detailed competitors of ProGlove
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Latest news on Proglove
Complete news archive for ProGlove
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Frequently Asked Questions about ProGlove
ProGlove was founded in 2014.
ProGlove is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
ProGlove is a funded company, having raised a total of $49.06M across 6 funding rounds to date.
Manufacturer of a wearable and wireless barcode scanner. It connects industrial workers with the Internet of Things and provides management tools to supply the required data. Some of the features include support of 1D and 2D barcodes, real-time user feedback, a longer battery life, and a longer scanning range and radio range. The device can be integrated into standard hand gloves in three ways namely on the side of the index finger, in the palm of the hand by middle or ring finger, and between thumb and forefinger. Use cases are in the areas of picking, assembly, staging, and packing. The target industry verticals include aviation, automotive, manufacturing, retail, logistics, among others.
ProGlove offers MARK Display, MARK 3, INSIGHT Analytics, and MAI.
ProGlove has 7 investors. Key investors include Intel, Summit Partners, GETTYLAB, Bayern Kapital, and Capmont.