Tacto

About:

Tacto optimizes procurement, ensuring compliance, sustainability, and efficient material sourcing for mid-sized industrial firms.

Website: https://tacto.ai

Top Investors: Sequoia Capital, Index Ventures, Cherry Ventures, Visionaries Club, UVC Partners

Description:

Tacto revolutionizes procurement with its cloud-based software, building future-proof supply chains for industrial organizations. As the central hub connecting these organizations with their supplier base, Tacto streamlines procurement processes, ensures compliant supply chains and enables efficient material sourcing at optimal conditions. Automating manual processes, Tacto's platform ensures regulatory compliance with supply chain acts. Its AI identifies cost-saving opportunities by analyzing price fluctuations in key cost drivers and comparing them to actual procurement spend. Navigating the supplier landscape can be a daunting task, particularly for industrial SMEs. Tacto eliminates the challenges by empowering our customers to move away from outdated methods like email and spreadsheets. The intelligent platform provides a seamless and transparent experience, simplifying all aspects of supplier management - digital, efficient & sustainable.

Total Funding Amount:

56.3M EUR

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

Munich, Bayern, Germany

Founded Date:

2020-01-01

Contact Email:

hello(AT)tacto.ai

Founders:

André Petry, Johannes Groll, Nico Bentenrieder

Number of Employees:

11-50

Last Funding Date:

2023-12-11

IPO Status:

Private

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