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ToolsGroup revenue is $16.9 million

ToolsGroup team size is 211 employees


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ToolsGroup

- Amsterdam, Nood-holland, Tnetherland

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How ToolsGroup hit $16.9M Revenue

Developer and provider of SaaS supply chain planning software. The company's planning software spans demand forecasting, demand sensing, multi-echelon inventory optimization, and S&OP, aiding manufacturers, distributors, and retailers experiencing demand volatility.

Founded

1993

Founded

Revenue

$16.9M

2022 Revenue

YOY
-----

YOY

Funding
$0.0

Funding


ToolsGroup Revenue

In 2022, ToolsGroup revenue run rate hit $16.9M in revenue.

  • 2021

    ToolsGroup hit $16.9M in revenue in 2021

  • 1993

    ToolsGroup launched in 1993 with $0 revenue

$16.9M

ToolsGroup Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

    FUNDING DATEROUNDAMOUNTVALUATION

    Team

    ToolsGroup has 211 total employees and 28 sales reps that carry a quota.

    2021
    DISTRIBUTIONQTY
    Total team size
    211
    Engineer
    19(9%)
    Sales
    28(13%)
    Marketing
    11(5%)

    CEO/Founder

    Joseph Shamir

    Joseph Shamir is the CEO of ToolsGroup, which he co-founded with Eugenio Cornacchia in 1993. Joseph (Joe) commercialized SO99+, the industry’s first service-driven supply chain planning software tool based on advanced algorithms and probabilistic forecasting methods. Over the decades, Joe has directed major strategic and logistics projects in countless multinational companies. Before founding ToolsGroup, Joe held various senior management positions with ITP Group’s Automation division, including Director of Sales and COO. It was at this industrial automation and logistics group where Joe met co-founder Eugenio Cornacchia and delivered the first ''factory of the future'' systems for large manufacturers including Olivetti and Electrolux. These systems were to pave the way for today’s global Factory (or Industry) 4.0 movement. Joe’s supply chain career began at his family business in spare parts production and distribution after graduating from Tel Aviv University with a degree in solid-state physics. He later worked as an engineer for Swiss shipping company Norasia (now CSAV Norasia), responsible for optimizing container lines and logistics. Today Joe is one of the foremost industry experts in the area of service-driven supply chain planning and automation, with articles published in Supply Chain Quarterly, Supply Chain Brain and Forbes, among many others.

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    Customers

    ToolsGroup has 0 customers.

    Lifetime Months

    -

    x

    Monthly ARPU

    -

    =

    Lifetime Dollar

    -

    Acquisition Cost

    -

    Average Annual Price

    -

    $0$0024681012
    $0$0024681012

    Churn

    ToolsGroup has an annual churn rate of 0.00%.

    -100-500%50100

    Gross Annual Dollar Churn

    -0.00%

    Annual Dollar Expansion

    0.00%

    Net Revenue Retention

    0.00%


    About ToolsGroup

    Monthly Revenue

    $1.4M

    -

    Total Expenses

    $0.0

    =

    Net Income

    $0.0

    EBIDTA Margin

    0.0%

    +

    YOY Growth

    0.0%

    =

    Rule of 40

    0


    ToolsGroup Board of Directors

    NamePosition

    ToolsGroup Executives

    NamePosition
    Joseph Shamir CEO

    ToolsGroup Employees

    NamePosition
    Joseph Shamir CEO

    Frequently Asked Questions about ToolsGroup

    When was ToolsGroup founded?

    ToolsGroup was founded in 1993.

    How much revenue does ToolsGroup generate?

    ToolsGroup generates $16.9M in revenue.

    Who is the CEO of ToolsGroup?

    The CEO of ToolsGroup is Joseph Shamir.

    How much funding does ToolsGroup have?

    ToolsGroup was raised $0.

    How many employees does ToolsGroup have?

    ToolsGroup has raised 211 employees.

    Where is ToolsGroup headquarters?

    ToolsGroup headquater is at Tnetherland