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Servitly delivers a cloud-based software platform integrating with IoT technologies, providing interfaces and backend functions for connected services. It enables manufacturers and service providers to leverage data for digital services like remote monitoring, predictive maintenance, and field service optimization. This technical approach transforms raw data into actionable service offerings, facilitating a shift towards service-oriented business models and operational improvements for its clientele.
Stefano Butti co-founded Servitly in 2018. The company originated from his insight into industrial manufacturers' need for "servitization," recognizing the opportunity to move beyond product sales. Butti aimed to offer value-added services derived from connected product data, bridging the data-to-service gap to unlock new operational efficiencies and establish recurring revenue streams for businesses adopting this model.
The platform serves manufacturers of industrial machinery, professional equipment, home appliances, and various service providers. Servitly's vision is to empower these organizations to enhance customer relationships, reduce operational costs, and create new revenue streams. It supports clients in composing, delivering, and monetizing digital services effectively from their connected product ecosystems, fostering a forward-looking approach to service delivery.
Servitly has raised $2.0M across 1 funding round.
Servitly has raised $2.0M in total across 1 funding round.
Servitly has raised $2.0M in total across 1 funding round.
Servitly's investors include Primo Ventures.
Servitly is a cloud-based SaaS platform that enables equipment manufacturers to build, deploy, and monetize Connected Services using IoT data, focusing on after-sales optimization and recurring revenue.[1][2][4] It serves OEMs in industrial machinery, professional equipment, and home appliances by providing a modular Digital Product-Service (DPS) system with no-code tools for remote monitoring, field services, spare parts e-commerce, and advanced models like Equipment-as-a-Service (EaaS).[1][2][4] As of November 2025, Servitly powers 42 companies, 32,772 connected products, 12,394 end customers, and 7,075 monthly active users, demonstrating strong growth in servitization.[4]
Founded in 2018 in Lomazzo, Italy, Servitly emerged from the founders' frustrations with custom IoT project management for manufacturing clients.[1][3][5] Initially building bespoke applications for each client, they identified a recurring pattern: the shift to "products as a service" models, inspiring a standardized, scalable platform.[3] This evolution allowed rapid deployment of connected services, blending software development with a forward-thinking mindset to address market needs in IoT-enabled after-sales.[3]
Servitly rides the servitization wave, where manufacturers transition from one-time sales to recurring services via IoT, driven by Industry 4.0 and EU Data Act mandates for data monetization.[2][3][4] Timing aligns with rising equipment connectivity—projected to exceed 90% in a decade—fueled by sustainability demands for longer machine lifespans, reduced waste, and greener models.[3] It influences the ecosystem by empowering OEMs against competitors like ClearOps or Akenza, optimizing after-sales (e.g., predictive maintenance, dynamic pricing), and fostering interconnected supply chains in machinery sectors.[1]
Servitly is poised to expand as IoT ubiquity and regulatory pushes accelerate servitization, potentially scaling to thousands of connected assets amid sustainability mandates.[3][4] Trends like AI-enhanced diagnostics and EaaS will shape its path, evolving influence through deeper OEM partnerships and global adoption beyond Europe. This positions Servitly as a key enabler in the connected services economy, transforming equipment into revenue-generating assets.[2][3]
Servitly has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in June 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2022 | $2.0M Seed | Primo Ventures |