about
Based in Esslingen am Neckar, Germany, Casculate operates under the legal name Data Vantage GmbH, providing a specialized AI-driven software solution for the manufacturing sector. The company focuses on optimizing commercial and technical pricing for industrial B2B products, particularly within the metal casting industry. It addresses the challenge of slow, complex manual quotation processes that traditionally depend on the long-term expertise of a few individuals. The firm was founded in February 2021 by CEO Simon W. Geib, who was driven by a motivation to innovate and overcome existing industry barriers. Casculate's core offering is an AI-based calculation toolbox that enables what it calls 'Instant Pricing'. This system functions by training machine learning models on a factory's specific data, including historical product cost calculations, CAD files, and unique production parameters. The platform is designed to allow even less experienced employees to generate reliable and accurate product cost calculations within seconds, freeing up experts to focus on higher-value tasks. The software is capable of uncovering hidden patterns in production data to make the pricing process repeatable and traceable. The business model is centered on developing bespoke digital applications for its clients. This process involves a close collaboration where Casculate's domain experts visit a client's facility to understand their specific challenges. Following this, a prototype is developed and refined through an iterative process with the client's specialists. The final solution is designed to integrate with the customer's existing ERP system, streamlining commercial workflows from cost calculation to production planning. The company has received recognition for its approach, winning a German Innovation Award for "Excellence in Business to Business Information Technologies | Functional Software". Keywords: AI-based pricing, B2B manufacturing software, cost calculation automation, metal casting industry, industrial pricing optimization, quotation software, production efficiency, ERP integration, custom software development, manufacturing analytics, digital manufacturing, cost estimation software, AI for foundries, technical pricing, commercial process automation, machine learning pricing, SaaS for manufacturing, production cost analysis, industrial AI, data-driven manufacturing — this profile has been compiled from public sources. The founders haven't yet claimed it.
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funding history
| Round | Amount | Date |
|---|---|---|
| Support Program | Undisclosed | May 2022 |
| Angel | €0.8 | Dec 2021 |
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