Why We Invested · Kompas VC
Why the firm invested
Based on customer feedback and analysis, Kompas VC believes Makersite is best positioned to lead the supply chain data analytics category for product sustainability.
Based on customer feedback and our own analysis, we believe that Makersite is best positioned to lead this category.
Product
Makersite's database integrates over 140 external data feeds covering raw materials, pre-product material compositions, and detailed end-product components.
The database integrates more than 140 different external data feeds covering raw materials and the material composition of pre-products, and specific end-products broken down into their individual components.
Makersite partnered with Autodesk to integrate its API into Autodesk's design software, enabling designers to view real-time environmental impacts and simulate material substitutions.
In a major step to empower industrial designers and engineers, Makersite announced a partnership with Autodesk, the leading provider of CAD software, to integrate its API into the company’s design software.
Traction
Makersite's database tracks 80 million chemical components present in electronic devices.
To provide a sense of the scale of the dataset, Makersite is for example tracking 80 million chemical components that can be found in electronic devices.
Makersite serves many leading S&P 500 companies as customers, leveraging its breadth of data and scalable analysis capabilities.
While the breadth of data is an important differentiator, which precludes many vendors from competing with Makersite, the ability to process and analyse the data at scale in a user-friendly and cost-efficient manner is critical for the company’s customers, which include many leading S&P 500 companies.
What founders can learn
- What actually moved the decision: Kompas VC wrote that Based on customer feedback and analysis, Kompas VC believes Makersite is best positioned to lead the supply chain data analytics category for product sustainability.
- The traction evidence that carried weight: Kompas VC wrote that Makersite's database tracks 80 million chemical components present in electronic devices.
Source and provenance
Why We Invested published by Kompas VC on kompas.vc (first-party source). Read the original