valuemize Secures Seven-Figure Pre-Seed Funding

The Munich-based industrial tech startup valuemize has closed a seven-figure pre-seed funding round. The company plans to use the capital to establish a new software category for product cost management and to help industrial companies make costs transparent and optimize them as early as the product development phase.

Participants in the funding round include Xdeck, Heartfelt, OMA Business Angels, Superangels, Prequel Ventures, PRXS Technology and Investment, as well as numerous experienced industry experts and former executives from BCG, Celonis, McKinsey, and the CDTM.

Managing Product Costs Early in Development

valuemize is developing a platform for what is known as “Lifecycle Cost Intelligence.” The software integrates ERP, PLM, and other enterprise data to provide transparency into costs across the entire product lifecycle—from the initial product idea through to mass production.

According to the company, approximately 80 percent of a product’s eventual costs are determined during the development phase. Nevertheless, many hardware companies continue to work with fragmented Excel files and isolated data silos. As a result, cost managers spend a significant portion of their time on manual data preparation rather than on actual cost optimization.

The valuemize platform is designed to solve precisely this problem. Development, procurement, controlling, and finance teams gain access to a shared database where the financial implications of product decisions can be simulated in real time.

A New Category for the Industry

The founding team brings many years of industry and software experience to the table. Hannes, formerly Product Cost Engineering Lead at Accelleron/ABB, developed the solution together with Dominik, who previously led technology teams at SAP, and Michael, who has built digital business models for industrial companies.

Together, they aim to fundamentally rethink product cost management. Instead of documenting costs only during production, companies should be able to make informed decisions during the development phase and identify margin potential early on.

Significantly less manual effort and lower production costs

The platform automates the consolidation of cost information from existing ERP systems and Excel files, supplements this with external market data, and enables comprehensive scenario analyses.

According to valuemize, this reduces manual effort in product cost management by more than 60 percent and cuts production costs by up to 20 percent. At the same time, companies gain complete transparency into cost and margin trends, both at the component and portfolio levels.

Several industrial companies and Fortune 500 corporations are already relying on the software to secure their long-term competitiveness and profitability.