Swedish IT asset and service management startup Starhive has raised $5 million pre-Series A funding round led by Ventech. Existing investor node.vc also participated in the round.
This funding comes just seven months after the company’s seed round in September 2024 where the startup raised $3 million.
Starhive combines predictive analytics with AI-driven insights to help IT teams optimise asset allocation, reduce costs, and streamline workflows. Designed for modern enterprises, the platform offers a no-code solution that empowers organisations to customise their IT management processes.
Unlike existing solutions that focus AI solely on service management, Starhive’s approach applies AI directly to asset management, addressing a critical gap in the industry.
Instead of manually analysing data, IT staff can simply ask AI for recommendations, making decision-making faster and more efficient. For example, users can request alerts when warranties are due to expire or other critical conditions are met in order to get ahead of potential problems.
The result is a shift from reactive to predictive management, reducing waste, improving resource planning, and enhancing overall operational efficiency.
Ventech’s Joel Uddén will also be joining the Starhive board.
Starhive CEO and founder Tommy Nordhal adds:
"IT teams often rely on manual processes or rigid off-the-shelf software that fails to adapt to their specific needs, leading to inefficiencies and unnecessary costs.
By integrating AI into asset and service management, Starhive provides a seamless, intelligent solution that combines the simplicity of ready-made software with the adaptability of a custom-built system.”
According to Ventech VC’s Joel Uddén, Starhive is addressing a significant gap in the IT management space by bringing AI to asset management, an area that has remained largely manual and inefficient:
“The ability to predict asset needs, optimise allocation, and reduce costs through AI-driven insights gives Starhive a clear competitive advantage.
With businesses increasingly looking for smarter, more adaptable IT solutions, Starhive is well-positioned to scale rapidly in a market that is ripe for innovation. This investment is an opportunity to be part of the future of AI-driven enterprise efficiency.”
The company will use the capital injection to integrate different AI capabilities, including conversational AI, into IT asset and service management, allowing teams to analyse and interact with vast amounts of data in real-time.
Lead image: Starhive. Photo: uncredited.
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