Tacto

Based in Germany, Tacto Technology GmbH develops an advanced Supplier Relationship Management (SRM) platform aimed at optimizing procurement processes for small and medium-sized enterprises (SMEs). Tacto Technology GmbH, founded in 2020, is headquartered in Munich, Germany. The company specializes in providing a comprehensive SRM platform. The founders include André Petry, Catharina Weitbrecht, Florian Findeis, Johannes Groll, Karoline Rueckerl, Melinda Behncke, and Nico B.

The company has successfully completed 3 deals, with the most recent funding round being a Series A amounting to EUR 50. 000 mn raised on November 10, 2023, featuring investments from Sequoia Capital, Cherry Ventures, Unternehmertum Venture Capital, and Visionaries Club. The total amount raised by Tacto is EUR 50. 000 mn, with a current company valuation of EUR 309.

085 mn. Tacto Technology GmbH offers an advanced Supplier Relationship Management (SRM) platform designed for small and medium-sized enterprises (SMEs) to optimize their procurement processes. Key offerings include the SRM Base Platform, which centralizes data and streamlines procurement, alongside modules for 360° Supplier Management, Procurement Analytics, Supply Chain Compliance, and Intelligent Sourcing. Target industries encompass machinery and equipment manufacturing, medical technology, chemicals and pharmaceuticals, food, electronics, automotive, and packaging, with a focus on enhancing supplier relationships and automating compliance.

Tacto Technology GmbH generates revenue through a subscription-based model, providing clients with annual contracts that include access to its SRM product suite and ongoing support. The company primarily serves B2B clients, ranging from mid-sized manufacturers to larger firms needing robust supply chain solutions. Specific pricing plans are tailored to clients' needs, emphasizing the customized nature of Tacto's product offerings, particularly the Tacto Intelligence platform, which leverages artificial intelligence for procurement strategies. In November 2023, Tacto Technology GmbH raised EUR 50.

000 mn in Series A funding to further develop its products and enhance its AI technology. The company plans to expand into new geographic regions and markets, targeting specific industries to broaden its customer base. This funding will support the ongoing development of upcoming products designed to enhance procurement processes, aiming for a significant rollout in the next year.