SPREAD AI is a technology company.
SPREAD AI has raised $19.0M across 2 funding rounds.
SPREAD AI has raised $19.0M in total across 2 funding rounds.
SPREAD AI is a Berlin-based technology company founded in 2019 that builds an Engineering Intelligence Platform integrating disconnected product data into virtual Product Twins and AI-powered apps to drive innovation in complex systems like software-defined vehicles, aircraft, and machines.[1][2][3][5] It serves engineering teams at major clients including Mercedes, VW, and Infineon, solving the problem of data chaos where engineers spend 70% of their time manually searching for product information across R&D, production, and aftersales.[2][5] The platform accelerates development cycles, reduces variant complexity, cuts repair costs, improves yields, eliminates inefficiencies, and lowers environmental impact—for instance, enabling a 1kg wiring harness weight reduction scalable to billions of kg in CO2 savings annually.[1][2][5] With 101-250 employees, ~$15M in estimated revenue, and $19.08M raised (including a $16M Series A in 2023), SPREAD is in a mature stage and expanding beyond automotive.[2][5]
SPREAD AI was founded in 2019 in Berlin, Germany, by managing directors and co-founders Robert Göbel and Philipp Noll, who identified a critical pain point in engineering complex products: engineers wasting 70% of their time on manual data searches to ensure components fit the bigger picture.[2][5] The idea emerged from observing the lack of standardization in thousands of parts and interfaces for cars, aircraft, and heavy machines, despite their innovation—leading to a platform that connects existing tools without replacement for faster integration and value.[5] Early traction came from the automotive sector as its "bread and butter," securing clients like Mercedes, VW, and Infineon, with pivotal funding including a $16M Series A in 2023 led by HV Capital (with Cavalry Ventures, Figma CEO Dylan Field, Sennder founders, and Summit Partners' Walter Kortschak), fueling platform development and industry expansion.[2][5]
SPREAD stands out through its three-step architecture turning data chaos into clarity:
These enable faster time-to-market, quality gains, and scalability, as seen in real-world optimizations like wiring weight reductions.[5]
SPREAD rides the wave of software-defined vehicles and ultra-complex systems, where exploding data from parts/interfaces demands AI-driven intelligence amid rising electrification, autonomy, and sustainability pressures.[1][3][5] Timing is ideal as automotive shifts to software-heavy architectures, amplifying inefficiencies in traditional PLM tools—SPREAD's non-disruptive integration bridges this gap, expanding to aircraft/machines.[4][5] Market forces like regulatory CO2 reductions and cost pressures favor it, with clients like Mercedes/VW/Infineon scaling efficiencies (e.g., millions in savings, billions in CO2 cuts).[2][5] It influences the ecosystem by fostering engineering productivity, low-code AI adoption, and cross-industry data graphs, accelerating innovation in hardware-software convergence.[1][4]
SPREAD's momentum—mature stage, strong funding, blue-chip clients—positions it to deepen automotive dominance while scaling to aerospace/heavy industry via enhanced AI apps and connectors.[2][5] Trends like AI agents for engineering, generative design, and sustainable manufacturing will amplify its graph-based intelligence, potentially unlocking new verticals and partnerships. Its influence may evolve from efficiency enabler to ecosystem orchestrator, as Product Twins become standard for complex systems—echoing its founding mission to make product data intuitive and actionable for breakthrough innovation.[1][2][6]
SPREAD AI has raised $19.0M in total across 2 funding rounds.
SPREAD AI's investors include 468 Capital, Alt Capital, Bessemer Venture Partners, Cavalry Ventures, General Catalyst, Hack VC, HV Capital, Innovation Endeavors, Notion Capital, P101, Picus Capital, Scale Asia Ventures.
SPREAD AI has raised $19.0M across 2 funding rounds. Most recently, it raised $16.0M Series A in May 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2023 | $16.0M Series A | 468 Capital, Alt Capital, Bessemer Venture Partners, Cavalry Ventures, General Catalyst, Hack VC, HV Capital, Innovation Endeavors, Notion Capital, P101, Picus Capital, Scale Asia Ventures, Summit Partners, Uncorrelated Ventures, Vorwerk Ventures, Anil Dharni, Arash Ferdowsi, Dave Balter, Humberto Ayres Pereira, James Beshara, Liu Jiang, Mario Götze, Rich Miner, Sara Lannin, Spencer Kimball | |
| Dec 1, 2019 | $3.0M Seed | Ambridge Capital |