MARKT-PILOT Raises $43M for Spare Parts Pricing Solutions and Expansion

MARKT-PILOT's Series A Funding

Key Highlights:

• Series A Funding: Raised $43 million in Series A funding led by Insight Partners, with participation from Capnamic.
• Market-Oriented Spare Parts Pricing: MARKT-PILOT offers automated market price research solutions for spare parts pricing.
• Global SaaS Solutions: Provides PRICERADAR for market-based price and delivery time research, and PRICEGUIDE for optimized price recommendations.

MARKT-PILOT's Target Market

• Target Market: Companies in the spare parts industry, including manufacturers, distributors, and retailers.
• Global Reach: Expanding business in Europe and the US, with additional locations in Chicago, Milan, and Stockholm.
• Companies Seeking Competitive Pricing: Organizations looking to optimize their spare parts pricing strategy and improve their competitive position.

What MARKT-PILOT Needs to Buy

• Market Research and Data Providers: Partnerships with market research firms and data providers to enhance their market-oriented pricing solutions.
• Software Development and Enhancement: Collaborations with tech companies for developing and enhancing their SaaS solutions.
• Marketing and Sales Support: Services to support market expansion, customer acquisition, and maintaining high standards in customer service.