ProGlove
ProGlove is a technology company.
Financial History
ProGlove has raised $9.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has ProGlove raised?
ProGlove has raised $9.0M in total across 2 funding rounds.
ProGlove is a technology company.
ProGlove has raised $9.0M across 2 funding rounds.
ProGlove has raised $9.0M in total across 2 funding rounds.
ProGlove has raised $9.0M in total across 2 funding rounds.
ProGlove's investors include Bayern Kapital.
ProGlove is a Munich-based technology company specializing in industrial wearables, particularly smart barcode scanner gloves that enhance worker productivity in manufacturing, logistics, warehousing, and retail.[1][2][3][4] The company builds IoT-connected scanner-gloves and accompanying software solutions that save up to 6 seconds per scan, boost warehouse productivity by 20%, and enable hands-free, ergonomic workflows by integrating workers into digitized supply chains.[1][3][5][8] Serving over 2,000 global customers like BMW, ProGlove addresses logistical complexity and labor shortages by prioritizing human-machine collaboration, process accuracy, and real-time data insights, with strong growth evidenced by international expansion and investor backing from firms like Summit Partners and Nordic Capital.[2][3][4]
ProGlove was founded in December 2014 in Munich, Germany, by Paul (idea originator), Thomas, Jonas, and Alexander, sparked by participation in Intel’s “Make it Wearable” contest despite initial reluctance from some founders.[4] The concept crystallized in 2016 when co-founder Paul observed inefficiencies at BMW's Munich plant during guided tours he conducted to support himself, leading to the launch of the first glove scanner that September.[4] Early traction came from BMW's validation, propelling high-quality growth; by 2023, ProGlove earned a Guinness World Record for its scanners and expanded with offices in Chicago (USA), Coventry (UK), and Belgrade (Serbia).[3][4] This German engineering-driven evolution has positioned it as a wearable tech disruptor trusted across industries.[3]
ProGlove rides the wave of Industry 4.0 digitalization, human-machine collaboration, and warehouse automation amid global labor shortages and rising logistical complexity.[3][5] Its timing aligns with post-pandemic e-commerce surges and smart factory demands, where traditional handheld scanners hinder agility; ProGlove's wearables enable ergonomic, data-driven operations in tight spaces, boosting MTM (Methods-Time Measurement) compliance and safety.[5][7] Market forces like ESG pressures and supply chain digitization favor its sustainable, worker-empowering model, influencing the ecosystem by setting standards for frontline tech—recognized as a World Economic Forum Technology Pioneer in 2020—and accelerating adoption through investor-fueled global reach.[3][9]
ProGlove is primed for accelerated expansion via product R&D, geographic scaling (e.g., recent UK entry), and customer base growth, leveraging its track record to capture more of the $10B+ industrial wearables market.[3] Trends like AI-enhanced workflows, deeper ERP integrations, and ESG-driven manufacturing will shape its path, potentially evolving it into a full-stack workforce augmentation platform. As labor dynamics tighten, ProGlove's human-first innovation—turning scanners into productivity engines—positions it to redefine shop-floor efficiency for the next decade of smart industries.[3][4]
ProGlove has raised $9.0M across 2 funding rounds. Most recently, it raised $7.0M Series A in April 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2018 | $7.0M Series A | Bayern Kapital | |
| May 1, 2016 | $2.0M Seed | Bayern Kapital |