Financing round successfully completed: Markt-Pilot secures Series A financing for further growth with Luther

Esslingen, 06.05.2024 – The spare parts platform Markt-Pilot clears another financing hurdle and acquires EUR 40 million. The venture capital experts at Luther Rechtsanwaltsgesellschaft advised founder and shareholder Tobias Rieker.


Markt-Pilot can further develop with the successful completion of one of the largest European Series A financing rounds this year. Led by the global software investor Insight Partners from New York City and the existing investor Capnamic, Markt-Pilot has emerged stronger from the financing round. The Esslingen-based company will use the capital to further expand its business in Europe and the USA and consolidate its position as a global player.

The focus will be on AI-supported product development and on strengthening the Markt-Pilot team. Markt-Pilot relied on the law firm Luther, which supported the round with its well-known VC expert Thomas Kuhnle and tax expert Zacharias Schneider.

About Markt-Pilot:

For the first time, the SaaS company Markt-Pilot creates full market transparency regarding the supply, prices and delivery times of spare parts. Machine manufacturers benefit from previously untapped potential in the spare parts business, increase their sales and improve customer satisfaction. Markt-Pilot was founded in 2020 and currently employs over 120 people, with more than 100 customers already working with the software. The company is headquartered in Esslingen and has additional locations in Chicago, Milan and Stockholm.

On behalf of Tobias Rieker:

Luther, Corporate/M&A: Dr Thomas Kuhnle (Partner)

Luther, Tax Law: Dr Zacharias-Alexis Schneider, LL.B., LL.M. (Partner)