CNC24

High-Level Overview

CNC24 is a Berlin-based technology company that operates a digital B2B procurement platform for precision manufacturing parts, including CNC milling, turning, and sheet metal production.[1][2][3] It serves industrial sectors like special machinery, plant engineering, IoT, medical devices, testing technology, and clients such as Siemens, Diehl Group, Qualcomm, Krones AG, Carl Zeiss, Vishay, BASF, CERN, FANUC, and Syntegon, solving supply chain inefficiencies through transparent, AI-driven sourcing from a global network of over 500 manufacturers.[1][2] The platform handles everything from prototypes to series production, offering one-stop coordination for manufacturing, finishing, assembly, and logistics, with full digital workflows for quoting, status tracking, and quality control via an in-house testing center; after three years, it has generated over €500 million in offer volume and processed 4,138 orders for 500K components.[1][2]

Origin Story

Founded in 2019 by Willi Ruopp and Marlon Gerat, who bring over 30 years of combined experience in precision component production, CNC24 emerged from a passion to digitize and revolutionize fragmented procurement processes in manufacturing.[2][3][4] The idea took shape to address inefficiencies in sourcing precision parts like plastics and metals, combining AI automation with expert consulting for a hybrid model targeting the €50+ billion European components market.[1] Early traction came quickly, with the platform securing major clients and scaling to 1,500+ customers across 21 countries; in 2022, it raised €8.25 million from investors including Redstone, EquityPitcher Ventures, Coparion VC, and Future Industry Ventures, plus business angels like wefox co-founders, fueling expansion.[1][3][4][6]

Core Differentiators

• Hybrid AI-Expert Model: Blends smart AI-driven automation for matching parts to 5,500+ global machine tools with personalized consulting, enabling real-time capacity access, market-driven pricing, and seamless procurement from inquiry to delivery.[1][2]
• End-to-End Digital Platform: 100% digital workflows via a customer portal for quotes, order tracking, test certificates, and DFM feedback; one contract partner handles complex processes like assembly, coatings, injection molding, and logistics.[2]
• Global Network and Quality Assurance: Over 500 hand-selected suppliers across 21 countries with 50,000 machine hours available; all parts tested in an in-house measuring center for guaranteed quality, availability, and on-time delivery.[1][2]
• Scalability and Transparency: Supports prototypes to large series with framework agreements for stable pricing; data-driven matching has driven €500M+ offer volume, earning awards like the German Excellence Prize 2023.[1][5]

Role in the Broader Tech Landscape

CNC24 rides the wave of Industry 4.0 digitization and supply chain resilience amid volatile markets, post-pandemic disruptions, and geopolitical risks, timing perfectly with manufacturers' shift to transparent, on-demand sourcing over traditional fragmented networks.[1][3] Favorable forces include rising demand for precision components in high-growth sectors like IoT, medical tech, and automation, plus AI advancements enabling real-time matching in a €50B+ market.[1][2] By connecting buyers directly to excess capacities, it reduces costs, waste, and delays, influencing the ecosystem through data insights that optimize global manufacturing and support industrial startups scaling production.[1][3]

Quick Take & Future Outlook

CNC24 is positioned to dominate European precision parts procurement as the "undisputed No. 1," leveraging its funding and traction for pan-European expansion and deeper AI integration.[1] Trends like AI-optimized supply chains, sustainable manufacturing, and nearshoring will accelerate growth, potentially pushing toward unicorn status amid industrial digital transformation. Its influence could evolve by setting standards for B2B marketplaces, empowering more startups to prototype and scale without procurement bottlenecks—building on its mission to digitize the value chain from day one.[1][2]