About smark
smark is a company based in Stuttgart (Germany) founded in 2016 by Maximilian Ittermann and Philipp Hoening. smark has raised $3.48 million across 1 funding round from investors including Mutschler Ventures. The company has 26 employees as of December 31, 2021. smark operates in a competitive market with competitors including ITAB, Autonomo, Nomitri, KOALA and rapitag, among others.
- Headquarter Stuttgart, Germany
- Employees 26 as on 31 Dec, 2021
- Founders Maximilian Ittermann, Philipp Hoening
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Sectors
Retail
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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 Smark Robotics 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
$3.48 M (USD)
in 1 rounds
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Latest Funding Round
$3.48 M (USD), Series A
Jun 23, 2020
- Investors
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Employee Count
26
as on Dec 31, 2021
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Funding Insights of smark
smark has successfully raised a total of $3.48M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.48 million completed in June 2020. 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 smark
smark has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Mutschler Ventures.
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Tech startups are funded by Mutschler Ventures venture capital firm.
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Investor details for smark
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Investments & Acquisitions by smark
Investment portfolio details for smark
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Financial Statements - smark
Detailed financials for smark
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Smark Comparisons
Peer comparison for smark
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Competitors of smark
smark 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 ITAB, Autonomo, Nomitri, KOALA and rapitag, among others.
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Self-checkout solutions are provided for retail businesses worldwide.
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Autonomous store solutions for retail are enabled by computer vision.
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Platform offering visual intelligence for retail industries
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App-based self-checkout solutions for offline retail counters are offered.
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IoT-based self-checkout solutions are offered for retail via security tags.
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Detailed competitors of smark
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Latest news on Smark
Complete news archive for smark
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Frequently Asked Questions about smark
smark was founded in 2016 and raised its 1st funding round 4 years after it was founded.
smark is headquartered in Stuttgart, Germany. It is registered at Stuttgart, Baden-wurttemberg, Germany.
Philipp Hoening is the current CEO of smark. They have also founded this company.
smark is a funded company, having raised a total of $3.48M across 1 funding round to date.
As of Dec 31, 2021, the latest employee count at smark is 26.
Smark was founded in 2016 in Stuttgart, Germany, focusing on retail technology. Automated shopping stations are offered by the platform to enable digital grocery retail. Orders for items are placed by users via a smartphone app or on-site touchscreen interfaces. Operations center on streamlining unmanned shopping experiences in the grocery sector across Europe.
smark has 1 investor. Key investors include Mutschler Ventures.