SPREAD AI, an Engineering Intelligence Platform, has successfully closed a $30 million Series B funding round. The investment was backed by new investors including DTCP Growth, IQT, OTB Ventures, and Salesforce, alongside continued support from existing partners. This new capital will accelerate the company's global expansion across Europe and the U.S. and deepen its strategic integration within the Salesforce ecosystem.
Transforming Industrial Data with Engineering Intelligence
SPREAD's platform addresses the critical challenge of fragmented product data within complex manufacturing environments. It integrates and contextualizes information across the entire product lifecycle, from design to operations, creating dynamic "Product Twins". This unified view empowers engineering and operations teams in sectors like automotive, aerospace, and industrial equipment to make more informed decisions.
The platform has demonstrated significant real-world impact for its clients, who are leading global manufacturers. Companies using SPREAD have reported up to 30% faster development cycles and a 75% reduction in engineering troubleshooting time. These efficiency gains translate into tens of millions of euros in annual cost savings, showcasing a strong return on investment.
A Strategic Partnership with Salesforce
A key component of this funding round is the deepening relationship with strategic investor Salesforce. The collaboration combines SPREAD's deep product and engineering intelligence with Salesforce's comprehensive Customer 360 platform. This integration is designed to close the execution gap that often exists between customer expectations, engineering realities, and operational capabilities.
This enhanced partnership delivers immediate, practical capabilities for industrial companies. For instance, Intelligent Case Resolution can trace customer support issues directly back to their engineering root causes. Other features include integrated sales engineering for accurate quoting and proactive quality management to identify impacted customers when defects arise.
Investor Confidence and Market Positioning
The investment round reflects strong confidence in SPREAD's market potential and technological approach. Marcin Hejka of OTB Ventures noted that unlocking engineering intelligence from legacy systems is a major opportunity in enterprise AI. Investors believe SPREAD possesses the domain expertise and AI-native platform required to lead and define this emerging category.
This funding arrives as European leaders increasingly prioritize AI sovereignty in strategic industrial sectors. SPREAD is positioning itself to support this movement by offering manufacturers a path to AI-powered operations. The platform is built on European data protection standards and principles of transparent, trustworthy artificial intelligence.
With its new $30 million in funding, SPREAD AI is well-equipped to advance its mission of transforming industrial product development and operations. The investment will fuel international growth, enhance its platform capabilities, and solidify its partnership with Salesforce. Ultimately, the company is poised to empower global manufacturers to leverage their data for greater speed, efficiency, and innovation.