About SPREAD
SPREAD is a company based in Berlin (Germany) founded in 2017 by Philipp Noll, Robert Gobel, and Daniel Halbig. It operates as a SaaS (Software-as-a-Service), and Managed Services. SPREAD has raised $16 million across 2 funding rounds from investors including Firestreak Ventures, HV Capital and Cavalry Ventures. SPREAD offers products and services including Requirements Manager, Product Explorer, Error Inspector, and Action Tower. SPREAD operates in a competitive market with competitors including Ansys, Monolith, Esterel Technologies, QRA and Controllab, among others.
- Headquarter Berlin, Germany
- Founders Philipp Noll, Robert Gobel, Daniel Halbig
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Sectors
Industrial Goods & Manufacturing
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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 Spread Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16 M (USD)
in 2 rounds
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Latest Funding Round
$16 M (USD), Series A
May 03, 2023
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Investors
Firestreak Ventures
& 7 more
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Employee Count
Employee Count
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Products & Services of SPREAD
SPREAD offers a comprehensive portfolio of products and services, including Requirements Manager, Product Explorer, Error Inspector, and Action Tower. 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.
Requirements are transformed into structured, connected product knowledge.
Product architectures are mapped for clear end-to-end understanding.
Issues are identified and resolved earlier in lifecycle.
Product maturity is tracked for better decision-making visibility.
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Funding Insights of SPREAD
SPREAD has successfully raised a total of $16M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $16 million completed in May 2023. 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 Total Funding
- Total Rounds 2
- Last Round Series A — $16.0M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series A - SPREAD | Valuation | HV Capital | |
| Apr, 2021 | Amount | Angel Round - SPREAD | Valuation | Till Reuter |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SPREAD
SPREAD has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Firestreak Ventures, HV Capital and Cavalry Ventures. 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.
| Investor | Description | Founded Year | Domain | Location |
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Pre-seed stage companies are invested in by Firestreak Ventures.
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Founded Year | Domain | Location | |
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Venture capital funding is provided to digital company founders.
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Founded Year | Domain | Location | |
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Pre-seed and seed stage tech investments are made in Germany.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SPREAD
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SPREAD
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Spread Comparisons
Competitors of SPREAD
SPREAD 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 Ansys, Monolith, Esterel Technologies, QRA and Controllab, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
CAD-based design analysis simulation software is provided for engineers.
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| domain | founded_year | HQ Location |
AI and machine learning-based design simulations software is provided.
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| domain | founded_year | HQ Location |
Critical Systems and Software Development Solutions
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| domain | founded_year | HQ Location |
Designs and requirements are verified using engineering tools.
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| domain | founded_year | HQ Location |
Solutions in model-based design for machine controllers are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about SPREAD
When was SPREAD founded?
SPREAD was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is SPREAD located?
SPREAD is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of SPREAD?
Daniel Halbig is the current CEO of SPREAD. They have also founded this company.
Is SPREAD a funded company?
SPREAD is a funded company, having raised a total of $16M across 2 funding rounds to date.
What does SPREAD do?
Engineering data is integrated by SPREAD into a queryable Product Twin, enabling engineers to analyze dependencies and make faster decisions across hardware, software, and electronics. Solutions are offered for RD, Production, and Aftermarket, targeting industries like Automotive, Aerospace, and Industrial Goods. AI-powered applications are provided to transform product knowledge into actionable insights, reducing costs, improving quality, and accelerating time-to-market for software-defined product innovation.
What products or services does SPREAD offer?
SPREAD offers Requirements Manager, Product Explorer, Error Inspector, and Action Tower.
Who are SPREAD's investors?
SPREAD has 8 investors. Key investors include Firestreak Ventures, HV Capital, Cavalry Ventures, Dylan Field, and Walter Kortschak.