HISTORY OF GLOBALREADER AND
THE EVOLUTION OF OUR PRODUCT

2014

2015

2016

Start of GlobalReader
07.05. 2014

GlobalReader was born from a fundamental need in the manufacturing world. Founded by Indrek Jaal and Kristo Kõiv.

Version 1 is built to start testing product on first clients

By the end of the year we have 10 paying clients

First investment round

Entering to German market 🇩🇪

2017

2018

Version 2 of software is released

Entering to Latvian market 🇱🇻

2019

EAS (Enterprise Estonia) grant for
company development

Entering to Finland market 🇫🇮

2020

Expanding to other countries in Europe 🇪🇺

2021

Business model changed towards
feature based solution

DIY solution developed

EAS grant “Solutions based on machine learning (AI) for optimizing the processes and increasing the efficiency of production companies”

ScoutBox developement begins

1000 BlackBoxes online

2023

Changing hardware from 5V technology to 12-36V technology to support industry standard sensors

Version 3 software relase

Release of new Features:
-Quality Control
-AI

Launch of ScoutBox

Our mission is to inspire and give the tools to industry leaders to collect and use real-time data around their production resources to increase efficiency and collaboration to keep them ahead of their competitors.

We believe in:

Data driven decisions

We base our decisions on facts and data, ensuring that objective information informs our choices.

Efficiency first

Efficiency is a cornerstone of our product. We believe that in order to provide efficiency to our customers we must be efficient ourselves.

Communication

Listen, offer, ask support - We prioritise teamwork, collaboration, and effective communication. We are a team of curious individuals who thrive on tackling complex challenges and supporting one another in achieving our shared goals. We believe that clear communication and collaboration, both within our organisation and with our partners, are essential for our growth and success.

No overthinking = Less is more

We prioritise getting things done and trust that every member of the team has the desire and creativity to craft solutions. Our focus is on solving the problem rather than dwelling on the problem itself.