TVARIT
TVARIT sells AI software to reduce waste and energy use in metal manufacturing, claiming customers see 30% less scrap and 20% lower energy use within 2-3 months. The Frankfurt-based company has 58 employees and raised $15M in a Series A round in October 2023.
The growth story
TVARIT grew from 34 to 58 employees between 2021 and 2026, raising $15M along the way, most recently a Series A in October 2023.
About
TVARIT develops AI systems for foundries and metalworking companies to optimize production efficiency and reduce waste. Its patented Hybrid AI and Transfer Learning technologies aim to cut scrap rates and energy consumption, promising ROI within six months.
The company has grown to 58 staff since its 2019 founding and secured $15M in Series A funding in late 2023. Its investor base includes German funds like BM H Beteiligungs-Managementgesellschaft Hessen and Futury Capital, alongside international backers such as Momenta Ventures.
Founders and leadership
Engineering is TVARIT's largest function, with 8 staff. The company has a median tenure of just one year, suggesting rapid team turnover or expansion. Leadership details are not provided.
The TVARIT org chart
Suhas Patel (Founder & CEO) leads 15 mapped leaders with 4 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 13 (0% YoY), Sales 10 (+100% YoY), Business Development 9 (+29% YoY), Information Technology 6 (+50% YoY), Human Resources 4 (0% YoY).
Talent flow
TVARIT recruits heavily from Indian technical schools, with 4 alumni each from IIT Bombay and IIT Kanpur. Former employees have moved to major tech firms like Google and Microsoft, as well as consultancies such as Deloitte.
Most common previous employers of TVARIT staff: Indian Institute of Technology, Bombay (2), Intel (2), Electrotherm (India) (2), Boston Consulting Group (BCG) (2), Moneyfarm (1), 1822direkt (1). Former TVARIT employees most often moved to Sanchai Analytics (2), Derq (2), Google (2), Microsoft (2), Deloitte (2), American Express (2).
Alumni worth knowing
The TVARIT mafia
TVARIT alumni have founded 5 companies, including Activate and Synapze, each employing 5 staff. Other ventures include wavebird and Fluentime, showing a trend toward AI and analytics startups.
5Pratyush Choudhury, was AI / Product Marketing until 2018Constantin Keller, was AI Consultant until 2021Christian King, was Head of Marketing until 2023Prasad Satpute, was Marketing and Communication Manager until 2019Hiring now
Web traffic
Traffic mix: 0% direct, 0% search, 0% social, 0% paid.
What this company is made of
Most common skills at TVARIT: Python (Programming Language) (19), Analytical Skills (17), Data Analysis (15), Microsoft Excel (14), Machine Learning (14), Leadership (14), SQL (14), Problem Solving (13).
Where the team actually sits
TVARIT people are concentrated in Maharashtra, India (16), Gujarat, India (4), Frankfurt Rhine-Main Metropolitan Area (3), Bavaria, Germany (2).
What employees say
- Compensation
- 3.50 / 5
- Career opportunities
- 4.00 / 5
- Senior management
- 3.50 / 5
- Work-life balance
- 3.40 / 5
Frequently asked
TVARIT has 58 employees as of September 2026.
TVARIT has raised $15M in total, most recently a Series A round in October 2023.
TVARIT was founded in 2019 by Rahul Prajapat, Suhas Patel.
Suhas Patel (Founder & CEO) sits at the top of TVARIT's reporting structure, with 4 direct reports.
The most common previous employers of current TVARIT staff are Indian Institute of Technology, Bombay (2 people), Intel (2 people), Electrotherm (India) (2 people).
Former TVARIT employees most often move to Sanchai Analytics (2), Derq (2), Google (2).
At least 5 companies have a founder who previously worked at TVARIT, including Activate, Synapze, wavebird.
The most common skills among TVARIT staff are Python (Programming Language), Analytical Skills, Data Analysis, Microsoft Excel, Machine Learning.
TVARIT staff are concentrated in Maharashtra, India (16), Gujarat, India (4), Frankfurt Rhine-Main Metropolitan Area (3).
TVARIT has about 13 people in Engineering, up 0% over the past year, as of September 2026.
TVARIT has about 10 people in Sales, up 100% over the past year, as of September 2026.
Computed from 42 current and 123 former TVARIT profiles, as of September 2026. Source: Crustdata.
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