ProGlove is a wearable technology disruptor that provides customers with integrated hardware and software solutions built around wearable barcode scanners.
Company Background
- Combines German engineering with industry analytics to cater the growing digitalisation demand across industries.
- Addressing the increasing logistical complexity with smooth human-machine collaboration while enabling ergonomic and efficient workflows in the wake of the global labour shortage.
- Strong track-record of high-quality growth since its foundation in 2014.
- ProGlove is headquartered in Munich, Germany, with additional offices in Chicago (USA), Coventry (UK) and Belgrade (RS).
- Trusted by more than 2,000 customers across warehousing, logistics, manufacturing, and retail, delivering solutions that increase productivity, safety, and quality in their operations.
Vision & Outlook
- Enable ProGlove to accelerate its future growth plans, further expand its customer base and invest in product development.
- ProGlove offers an attractive platform to promote a strong ESG agenda with a focus on the well-being of the human worker in the centre, empowered through a very ergonomic solution.
Highlights & Updates
- ProGlove focuses on sustainable production by addressing carbon emissions, waste management, and the use of environmentally friendly materials, demonstrating its commitment to responsible innovation.
- In 2023, the Company expanded its geographical footprint by opening its first presence in the UK through a dedicated site in Coventry.
SECTOR
Services & Industrial Tech
REVENUES 2023
EUR 105 million
EMPLOYEES
330
OWNERSHIP
Fund X
INVESTMENT DATE
2022
HEAD OFFICE
Munich, Germany