Sternico GmbH
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Sternico GmbH - overview
Established
1999
Location
-, -, Germany
Primary Industry
Software
About
Sternico GmbH develops innovative software solutions and engineering services for the railway industry, focusing on enhancing operational efficiency through specialized platforms and tailored support for various stakeholders. Founded in 1999 and headquartered in Germany, Sternico GmbH focuses on providing software solutions for the railway sector. The company has undergone a strategic shift towards engineering services and has secured two funding deals, with the latest being a SEED round in August 2016 led by Next 47. The CEO, Sico Algermissen, has played a key role since its inception.
Sternico GmbH specializes in providing software solutions and engineering services tailored for the railway industry. Their flagship product, the RAILBASE platform, acts as a Computerized Maintenance Management System (CMMS) that streamlines maintenance processes for rail operators and service providers, addressing the needs of various stakeholders, including railway operating companies, infrastructure operators, leasing companies, and maintenance providers. The solutions are designed to adapt to customer requirements, facilitating tasks like track occupancy planning and configuration management for freight cars and locomotives, and are utilized across diverse European markets. Sternico GmbH's revenue model is primarily subscription-based, centered around the RAILBASE platform.
Clients, including Vossloh Rail Services and RheinCargo GmbH & Co. KG, participate in B2B transactions that involve initial setup fees followed by recurring subscription charges for software maintenance, updates, and support services. This structure fosters ongoing relationships with clients who rely on Sternico's innovative solutions. Sternico GmbH aims to enhance its product offerings by developing new features for the RAILBASE platform, with plans for updates anticipated in the upcoming year.
The company is also seeking to expand into new markets, targeting regions across Europe by 2025. The funding raised in August 2016 will support these initiatives, particularly in improving product functionality and expanding their market reach.
Current Investors
Primary Industry
Software
Sub Industries
Industrial Machinery, Analytics & Performance Software, Systems Management Software
Website
www.sternico.com
Verticals
Cloud Computing, Cloud Computing
Company Stage
Series A
Total Amount Raised
Subscriber access only
Sternico GmbH - employee data
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