Chicago, 15. August 2025 – MARKT-PILOT, a leading provider of market-based spare parts pricing intelligence for original equipment manufacturers (OEMs), today announced the appointment of Anurag Garg as Chief Product & Technology Officer (CPTO). Garg's appointment comes as MARKT-PILOT expands its global presence, fueled by its recent Series A investment round led by Insight Partners and Capnamic Ventures. The company is strategically positioned to serve the OEM industry's accelerating focus on aftermarket revenue optimization, digital transformation, and data-driven decision-making.
Garg brings extensive experience and a proven track record of scaling technology-driven businesses in the manufacturing and enterprise SaaS sectors. He previously founded and successfully scaled an industrial IoT startup, later acquired by Plex Systems (a Rockwell Automation company), and served as Chief Product Officer at SafetyChain Software, a leading provider of digital plant management solutions. Garg's entrepreneurial expertise and strategic leadership are anticipated to drive MARKT-PILOT's mission to empower OEMs through intelligent, data-centric insights.
Driving Innovation and Global Growth
“The OEM industry has significantly evolved over the past decade, shifting toward longer-term customer relationships, enhanced aftermarket services, and a critical reliance on real-time market intelligence,” Garg commented. “I am incredibly excited to join MARKT-PILOT at this pivotal growth phase. The company's unique capabilities in pricing intelligence are a powerful catalyst for helping OEMs optimize profitability, deliver greater customer value, and improve sustainability outcomes.”
In his role, Garg will spearhead strategic alignment between MARKT-PILOT’s product and technology vision and the evolving needs of global OEMs. "I'm genuinely inspired by MARKT-PILOT's impressive growth trajectory and the passion, diversity, and strength of our global teams," Garg added. "Our deeply embedded customer-focused culture and relentless pursuit of excellence are exceptional foundations upon which we will build and achieve our next milestones. I am particularly eager to partner closely with Insight Partners and Capnamic, leveraging their extensive experience to propel our growth ambitions further."
MARKT-PILOT continues to attract top-tier talent and is recognized for its strong, people-first culture. Garg will play a crucial role in continuing this trajectory, fostering innovation, and enhancing the company’s reputation as a trusted partner to OEMs worldwide.
About MARKT-PILOT
MARKT-PILOT is a leading provider of software for market-based spare parts pricing in machine manufacturing. The solutions enable OEMs to conduct precise market price research, automated price recommendations, and optimized strategies. Customers benefit from increased sales, margins and customer satisfaction in their parts business. Headquartered in Stuttgart and with offices in Chicago, Milan and Stockholm, MARKT-PILOT supports around 200 machine manufacturers worldwide. The company employs more than 150 people and received Series A funding of EUR 40 million in 2024. MARKT-PILOT's technology is based on many years of industry experience and offers comprehensive market transparency for spare parts.