The Procuretechs Network includes Startups with a focus on procurement, which are located in Germany and throughout Europe. Together, we want to shape the future of procurement by leveraging our synergies and supporting each other in the further development.
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FACTUREE
CEO: Moritz König
Location: Berlin / Germany
Founding year: 2017
Number of employees: 00030
Website: facturee.de
Start-up Phase: Launched
Area of business in procurement:
- Special Products
Problem:
The market for custom parts has (almost) not changed in 200 years. It lacks transparency and is characterized by multiple inefficiencies like high transactional costs, unsatisfying outcomes or lost business opportunities as market participants fail to find counterparts that match their specific needs.
Solution:
Online Manufacturing – based on digitalization, automation and networking!
Offer:
FACTUREE – The Online Manufacturer combines the capacities and capabilities of more than 1000 suppliers in its large manufacturing network. FACTUREE has access to an almost unlimited capacity to produce all types of custom parts (with focus on CNC machining, sheet metal processing, 3D printing and surface technology), thus securing the supply chains of our customers and serving as one-stop-shop for custom parts – from prototype to series production.
Business model:
There are no cost barriers to participation on either side of the FACTUREE Online Manufacturing platform. Smart supplier selection creates a win-win-win situation for customers, suppliers and FACTUREE by reducing the overall production costs.
USP:
Customers profit from the broadest manufacturing range on the market, always free capacities, short delivery times and competitive prices through smart supplier selection.
Target customers:
Companies of all sizes from areas such as mechanical engineering, medical technology, model making, robotics, automotive and aerospace.
Technology:
FACTUREE makes use of machine learning algorithms for pricing and to find the optimal manufacturer in terms of quality, price and delivery time for each one of our customers’ projects.
Existing customers:
+ 10,000 satisfied customers from leading industrial groups to elite research institutions like CERN, Siemens, Parker Hannifin, Festo and Freudenberg
https://www.facturee.de/en/case-studies/
