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ToolWatch
AddedFeb 15, 2024
UpdatedJun 18, 2026
ToolWatch

ToolWatch

Providing essential tools for contractors since 1991, ensuring efficiency and profit protection.

HQ
Englewood, CO, US
Founded
1991
Overview
Compare
Fundraising
Employees
Website

Founded in 1991 by Don Kafka, ToolWatch aims to provide essential tools and solutions for contractors, ensuring efficiency and profit protection. Initially inspired by Kafka's own challenges as an electrical contractor, ToolWatch offers a comprehensive suite of services including construction asset management, tool and equipment management, wireless tracking, and financial management. The company focuses on enhancing field-warehouse operations and safety management, targeting the construction industry to minimize tool loss and maximize operational efficiency.

Notable affiliated people include founder Don Kafka, whose firsthand industry experience drove the company's inception. ToolWatch has achieved significant milestones, such as developing advanced reporting and analytics tools and integrating workforce management solutions like employee time tracking. The company has made a substantial impact on the construction sector by reducing tool loss, improving safety protocols, and increasing overall productivity for contractors.

ToolWatch - Similar Companies

Reekon Tools logo

Reekon Tools

reekon.tools

ToolBelt logo

ToolBelt

toolbelt.work

SmartBarrel logo

SmartBarrel

smartbarrel.io

TracFlo logo

TracFlo

tracfloapp.com

Trunk Tools logo

Trunk Tools

trunk.tools

Toolbox logo

Toolbox

trytoolbox.com

Toolots logo

Toolots

Riskcast Solutions logo

Riskcast Solutions

riskcast.com

Constructsecure logo

Constructsecure

Rhumbix logo

Rhumbix

rhumbix.com

TriBuild logo

TriBuild

Bosse Tools logo

Bosse Tools

bossetools.com

ToughBuilt Industries logo

ToughBuilt Industries

toughbuilt.com

Primal Sensors logo

Primal Sensors

Contractors AID logo

Contractors AID

ToolWatch - Quick Facts

Who are ToolWatch's competitors?

Companies similar to ToolWatch include Reekon Tools, ToolBelt, SmartBarrel and TracFlo.

When was ToolWatch founded?

ToolWatch was founded in 1991.

Where is ToolWatch's headquarters located?

ToolWatch's headquarters is located in Englewood, CO, US.

When was ToolWatch's last funding round?

ToolWatch's most recent funding round was for $1.2M (USD) in November 2003.

How much has ToolWatch raised to-date?

As of Nov 21, 2003, ToolWatch has raised a total of $1.2M (USD).

How many employees does ToolWatch have?

ToolWatch has 73 employees as of Feb 5, 2024.

ToolWatch - Classification

Technology
  • IoT
  • RFID
Geographic Exposure
  • Global
Model
  • Platform
Revenue
  • Recurring
  • Software
  • Transactional
Customer
  • Enterprise
  • Small Business
Main Product
  • Asset Tracking
  • Tool Management
Tags
  • Construction
  • SaaS
NAICS
  • 230000Construction
  • 236000Construction of Buildings
SIC
  • 1600Heavy Construction Other Than Building Construction-contractors
  • 1620Heavy Construction, Except Highway And Street Construction
  • 1629Heavy Construction, Not Elsewhere Classified
Show 7 more industry codes
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7372Prepackaged Software