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SPREAD valuation, funding and investors

SPREAD works in engineering intelligence platform development, based in Berlin, Germany. Founded in 2019, it has about 91 employees.

VALUATION · TODAY
$195M −9% after Series B
Range $137M – $278M · Grade B
TODAY
+12 MO
$100M
$200M
$300M
$400M
2020
2021
2022
2023
2024
2025
2026
2027
Series A $16.0M
Series B $30.0M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY91 employees
−8%6m growth
−19%1y growth
+1%2y growth
50
100
150
Data from Jan 2021
TODAY
Predicted in 1 yr $177M −9% vs today
Predicted next raise $34.9M if a round comes
Winding-down probability 97%
Last round
Series B · $30.0M · Apr 2026
Valuation at last round
$197M · implied
Headcount
91 · down
Grade
B
Founded
2019
How VCMC values companies →

SPREAD valuation today

VCMC values SPREAD at $195M today, with a range of $137M to $278M and a grade of B. The valuation starts from its last funding round, a Series B round in Apr 2026.

Valuation by date (97 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

SPREAD: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2019$7.63M$2.78M – $21.0M$9.43M (+24%)before first round–unknownD0%
1 Feb 2019$7.84M$2.85M – $21.5M$9.52M (+21%)before first round–unknownD0%
1 Mar 2019$8.03M$2.92M – $22.1M$9.60M (+19%)before first round–unknownD0%
1 Apr 2019$8.25M$3.00M – $22.7M$9.69M (+17%)before first round–unknownD0%
1 May 2019$8.47M$3.08M – $23.3M$9.77M (+15%)before first round–unknownD0%
1 Jun 2019$8.70M$3.17M – $23.9M$9.86M (+13%)before first round–unknownD0%
1 Jul 2019$8.93M$3.25M – $24.5M$9.95M (+11%)before first round–unknownD0%
1 Aug 2019$9.02M$3.28M – $24.8M$10.0M (+11%)before first round–unknownD0%
1 Sep 2019$9.10M$3.31M – $25.0M$10.1M (+11%)before first round–unknownD0%
1 Oct 2019$9.18M$3.34M – $25.2M$10.2M (+11%)before first round–unknownD0%
1 Nov 2019$9.27M$3.37M – $25.5M$10.3M (+11%)before first round–unknownD0%
1 Dec 2019$9.35M$3.40M – $25.7M$10.4M (+11%)before first round–unknownD0%
1 Jan 2020$9.43M$3.43M – $25.9M$10.5M (+11%)before first round–unknownD0%
1 Feb 2020$9.52M$3.47M – $26.2M$10.6M (+11%)before first round–unknownD0%
1 Mar 2020$9.60M$3.50M – $26.4M$10.7M (+11%)before first round–unknownD0%
1 Apr 2020$9.69M$3.53M – $26.6M$10.8M (+11%)before first round–unknownD0%
1 May 2020$9.78M$3.56M – $26.9M$10.9M (+11%)before first round–unknownD0%
1 Jun 2020$9.87M$3.59M – $27.1M$11.0M (+11%)before first round–unknownD0%
1 Jul 2020$9.95M$3.62M – $27.3M$11.1M (+11%)before first round–unknownD0%
1 Aug 2020$10.0M$3.66M – $27.6M$11.2M (+11%)before first round–unknownD0%
1 Sep 2020$10.1M$3.69M – $27.8M$11.3M (+11%)before first round–unknownD0%
1 Oct 2020$10.2M$3.72M – $28.1M$11.4M (+11%)before first round–unknownD0%
1 Nov 2020$10.3M$3.76M – $28.4M$11.5M (+11%)before first round–unknownD0%
1 Dec 2020$10.4M$3.79M – $28.6M$11.6M (+11%)before first round–unknownD0%
1 Jan 2021$10.4M$3.79M – $28.6M$11.6M (+11%)before first round15unknownD0%
1 Feb 2021$10.5M$3.82M – $28.8M$11.7M (+11%)before first round15unknownD0%
1 Mar 2021$10.6M$3.85M – $29.1M$11.7M (+11%)before first round15unknownD0%
1 Apr 2021$10.7M$3.89M – $29.3M$11.8M (+11%)before first round15flatD0%
1 May 2021$10.8M$3.92M – $29.6M$11.9M (+11%)before first round15flatD0%
1 Jun 2021$10.9M$3.96M – $29.9M$12.0M (+10%)before first round15flatD0%
1 Jul 2021$11.0M$3.99M – $30.1M$12.1M (+10%)before first round15flatD0%
1 Aug 2021$11.1M$4.03M – $30.4M$12.2M (+10%)before first round15flatD0%
1 Sep 2021$11.2M$4.07M – $30.7M$12.3M (+10%)before first round15flatD0%
1 Oct 2021$11.3M$4.10M – $31.0M$12.4M (+10%)before first round15flatD0%
1 Nov 2021$11.4M$4.14M – $31.2M$12.5M (+10%)before first round15flatD0%
1 Dec 2021$11.5M$4.18M – $31.5M$12.6M (+9%)before first round15flatD0%
1 Jan 2022$11.6M$4.22M – $31.8M$12.6M (+9%)before first round15flatD0%
1 Feb 2022$19.1M$8.19M – $38.0M$20.9M (+9%)before first round43growingC0%
1 Mar 2022$19.2M$8.24M – $38.2M$21.0M (+9%)before first round43growingC0%
1 Apr 2022$19.4M$8.30M – $38.5M$21.2M (+9%)before first round43growingC0%
1 May 2022$19.5M$8.36M – $38.8M$21.3M (+9%)before first round43growingC0%
1 Jun 2022$19.7M$8.43M – $39.1M$21.5M (+9%)before first round43growingC0%
1 Jul 2022$19.8M$8.49M – $39.4M$21.7M (+9%)before first round43growingC0%
1 Aug 2022$20.0M$8.55M – $39.7M$21.8M (+9%)before first round43growingC0%
1 Sep 2022$20.1M$8.62M – $40.0M$22.0M (+9%)before first round43growingC0%
1 Oct 2022$20.3M$8.68M – $40.3M$22.1M (+9%)before first round43growingC0%
1 Nov 2022$14.8M$5.38M – $40.6M$16.1M (+9%)before first round43unknownD0%
1 Dec 2022$14.9M$5.41M – $40.9M$16.2M (+9%)before first round43unknownD0%
1 Jan 2023$19.0M$6.26M – $42.7M$20.8M (+9%)before first round54upC0%
1 Feb 2023$19.2M$6.31M – $43.0M$20.9M (+9%)before first round54upC0%
1 Mar 2023$19.3M$6.35M – $43.3M$21.1M (+9%)before first round54upC0%
1 Apr 2023$19.5M$6.40M – $43.6M$21.2M (+9%)before first round54upC0%
1 May 2023$19.6M$6.45M – $44.0M$21.4M (+9%)before first round54upC0%
4 May 2023$81.7M$53.6M – $223M$147M (+80%)after a round54upC0%
1 Jun 2023$85.4M$53.6M – $223M$147M (+72%)after a round54upC0%
1 Jul 2023$89.7M$53.6M – $223M$147M (+64%)after a round54upC0%
1 Aug 2023$94.3M$53.6M – $223M$147M (+56%)after a round54upC0%
1 Sep 2023$99.1M$53.6M – $223M$147M (+48%)after a round54unknownC0%
1 Oct 2023$106M$56.7M – $237M$155M (+46%)after a round70upC0%
1 Nov 2023$112M$56.7M – $237M$155M (+38%)after a round70upC0%
1 Dec 2023$119M$56.7M – $237M$155M (+31%)after a round70upC0%
1 Jan 2024$125M$56.7M – $237M$155M (+24%)after a round70upC0%
1 Feb 2024$132M$56.7M – $237M$155M (+17%)after a round70upC0%
1 Mar 2024$146M$60.0M – $250M$164M (+13%)after a round90growingC0%
1 Apr 2024$155M$60.0M – $250M$164M (+6%)after a round90growingC0%
1 May 2024$164M$60.0M – $250M$164M (0%)after a round90growingC0%
1 Jun 2024$164M$60.8M – $250M$164M (0%)after a round90growingC0%
1 Jul 2024$164M$61.6M – $250M$164M (0%)after a round90growingC0%
1 Aug 2024$164M$58.3M – $250M$164M (0%)after a round90upC0%
1 Sep 2024$164M$57.8M – $250M$164M (0%)after a round90upC0%
1 Oct 2024$164M$57.3M – $250M$164M (0%)after a round90upC0%
1 Nov 2024$164M$56.7M – $250M$164M (0%)after a round90upC0%
1 Dec 2024$164M$56.2M – $250M$164M (0%)after a round90upC0%
1 Jan 2025$164M$55.7M – $250M$164M (0%)after a round90upC0%
1 Feb 2025$164M$55.2M – $250M$164M (0%)after a round90upC0%
1 Mar 2025$164M$54.7M – $250M$164M (0%)after a round90upC0%
1 Apr 2025$164M$54.2M – $250M$164M (0%)after a round90upC0%
1 May 2025$164M$33.0M – $250M$164M (0%)after a round90unknownD0%
1 Jun 2025$164M$31.3M – $250M$164M (0%)after a round90unknownD0%
1 Jul 2025$173M$41.4M – $263M$172M (0%)after a round113upC0%
1 Aug 2025$172M$40.1M – $262M$171M (-1%)after a round112upC0%
1 Sep 2025$172M$38.9M – $262M$171M (-1%)after a round112upC0%
1 Oct 2025$164M$26.9M – $260M$155M (-6%)after a round112flatD4%
1 Nov 2025$118M$25.4M – $245M$95.9M (-18%)after a round108flatD34%
1 Dec 2025$116M$24.2M – $247M$94.1M (-19%)after a round108flatD34%
1 Jan 2026$115M$23.0M – $249M$92.4M (-20%)after a round108flatD34%
1 Feb 2026$114M$21.8M – $251M$90.6M (-21%)after a round108flatD34%
1 Mar 2026$75.3M$20.4M – $242M$51.3M (-32%)after a round99downD66%
1 Apr 2026$73.9M$19.4M – $245M$49.8M (-33%)after a round99downD66%
30 Apr 2026$197M$138M – $320M$225M (+15%)after a round99downB66%
1 May 2026$197M$138M – $301M$212M (+8%)after a round97downB81%
1 Jun 2026$198M$138M – $301M$209M (+6%)after a round97downB81%
1 Jul 2026$199M$138M – $301M$206M (+3%)after a round97downB81%
1 Aug 2026$201M$138M – $301M$203M (+1%)after a round97downB81%
1 Sep 2026$202M$138M – $301M$200M (-1%)after a round97downB81%
1 Oct 2026$195M$137M – $278M$179M (-8%)after a round91downB97%
24 Oct 2026$195M$137M – $278M$177M (-9%)after a round91downB97%

Key facts about SPREAD

Founded
2019
Headquarters
Berlin, Germany
Employees
about 91 -16% in a year
Total raised
$46M
Funding rounds
2
Last round
Series B Apr 2026

SPREAD was founded in 2019 by Philipp Noll and Robert Göbel.

SPREAD funding history

SPREAD has 2 funding rounds on record, from May 2023 to Apr 2026, $46M in total. None disclosed a valuation.

  1. Series B 29 Apr 2026

    Led by OTB Ventures; with General Catalyst, Salesforce Ventures, Digital Transformation Capital Partners, In-Q-Tel, Thesiger Capital Group, HV Capital, Nauta, NAP.

    Sources: spread.ai, europealternatives.com, eu-startups.com

    $30M

  2. Series A 3 May 2023

    Led by HV Capital; with Cavalry. Individuals: Dylan Field, Walter Kortschak, Julius Koehler, Nicolaus Schefenacker, David Nothacker, anil dharni, Arash Ferdowsi, dave balter, humberto ayres pereira, James Beshara, liu jiang, mario götze, rich miner, sara lannin, spencer kimball.

    Sources: techfundingnews.com, spread.ai, finsmes.com and 1 more

    $16M

SPREAD investors

10 investors have backed SPREAD; HV Capital and OTB Ventures led at least one round.

What SPREAD does

SPREAD works in tech companies, with 15 recorded offerings and customers in automotive, aerospace, defense and industrial goods.

SPREAD GmbH is a German software company engaged in engineering intelligence solutions for industries such as automotive, aerospace, defense, and industrial goods. The company develops platforms that integrate product data from PLM, ALM, CAD, ERP, and MES systems, enabling engineers to access and analyze complex product information. SPREAD also provides AI-driven automation and low-code development environments, and offers enterprise-grade security certifications. Its solutions are used by original equipment manufacturers and are designed to support the entire product lifecycle, from research and development to production and aftermarket.

Description from Veridion's company data.

Products and services

  • Engineering Intelligence Platform Development
  • Product Data Aggregation and Structuring
  • Product Twin Creation and Management
  • Engineering Data Ingestion Services
  • AI-Driven Engineering Automation Solutions
  • AI Agent Development for Engineering Tasks
  • Engineering Intelligence Graph Architecture Development
  • Low-Code Engineering Platform Development
  • Product Lifecycle Data Integration Services
  • Rapid Engineering Data Customization Services
  • AI-Powered Engineering Decision Support
  • Engineering Software-Defined Product Enablement
  • Automotive Engineering Intelligence Solutions
  • Aerospace Engineering Intelligence Solutions
  • Industrial Engineering Intelligence Solutions

Markets

  • Automotive
  • Aerospace
  • Defense
  • Industrial Goods

Technology

  • AI-Driven Automation
  • AI Agents for Engineering Tasks
  • Federated Engineering Intelligence Graph
  • AI-Powered Decision-Making
  • Product Twins

Certifications

  • ISO 27001
  • SOC 2
  • TISAX
  • GDPR compliant

Business model

  • Business-to-Business
  • Software-as-a-Service
  • Enterprise

Industry codes (NAICS)

  • 513210 Software Publishers 100% match

Questions about SPREAD

What is SPREAD worth?

Valuation $195M (range $137M to $278M), as of 24 Oct 2026.

Has SPREAD raised money?

SPREAD has 2 funding rounds on record, from May 2023 to Apr 2026, $46M in total. None disclosed a valuation.

Who has invested in SPREAD?

HV Capital, OTB Ventures, Cavalry, Digital Transformation Capital Partners, General Catalyst and In-Q-Tel, and 4 more. Lead investors include HV Capital and OTB Ventures.

How many people work at SPREAD?

About 91, down 16% over the last year. Headcount rose from 15 in Jan 2021 to 113 in Jul 2025, then fell to 91 in Sep 2026.

What does SPREAD do?

SPREAD works in tech companies, with 15 recorded offerings and customers in automotive, aerospace, defense and industrial goods. Its main offerings are engineering intelligence platform development, product data aggregation and structuring and product twin creation and management.

When was SPREAD founded, and where is it based?

SPREAD was founded in 2019 and is based in Berlin, Germany. It has about 91 employees, down 16% over the last year.