About ACTO
ACTO is a Healthcare company based in Toronto (Canada) founded in 2014 by Kapil Kalra, Parth Khanna, and Kumar Erramilli. AI and SaaS-based educational platform for life sciences is provided. ACTO has raised $39.5 million across 3 funding rounds from investors including Government of Canada, Questa Capital and Resolve Growth Partners. The company has 18 employees. ACTO has completed 3 acquisitions, including 4th Down Solutions, CoHealth and WeScrimmage. Its chief executive, as recorded, is Parth Khanna. Its website acto.com draws about 14 thousand monthly visits. ACTO offers products and services including ACTO Platform, LAICA, and Coach. Its focus areas include HealthTech, Life Sciences Tech, Sales & Marketing and Life Sciences. Its legal entity is ACTO Technologies Inc.
Company details
Founded in 2014 and headquartered in Toronto, Canada, an AI and SaaS-based platform is offered for education in the life science sector. Tools such as SALESFitness for clinical sales training, MARKETINGFitness for centralized marketing support, and MSLFitness for interactive learning experiences are included. Remote video coaching, user engagement features, and AI-driven performance tracking are integrated to support operations in the industry.
- Total Equity Funding$39.5M (USD)
in 3 rounds
- Latest Funding Round$10M (USD), Series B
Sep 2024
- InvestorsGovernment of Canada
& 7 more
- Employee Count18
- Investments & Acquisitions4th Down Solutions
& 2 more
Products & Services of ACTO
ACTO offers a comprehensive portfolio of products and services, including ACTO Platform, LAICA, and Coach.
AI-powered tool for field team knowledge and engagement.
GenAI knowledge assistant for Life Sciences interactions.
Platform for reviewing and remembering brand messages.
Funding Insights of ACTO
ACTO has successfully raised a total of $39.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $39.5M
- Total Rounds 3
- Last Round Series B — $10M
- First Round $11.5M
(Aug 2020)
- Investors Count 8
All 3 funding rounds of ACTO with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2024 | $10M | Series B | – | Questa Capital | |
| Jul 2022 | $18M | Series B | – | Questa Capital | |
| Aug 2020 | $11.5M | Series A | – | Resolve Growth Partners |
8 investors in total: 8 institutional.
Investors in ACTO
ACTO has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Government of Canada, Questa Capital and Resolve Growth Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth-stage VC and PE investments are directed across multiple sectors. | questacapital.com | San Francisco, United States | ||
Growth equity services for B2B SaaS companies. | resolvegrowth.com | |||
Early-stage venture capital investments are provided by Graphite Ventures. | 2008 | graphitevc.com | Toronto, Canada | |
Venture capital firm focused on multiple sectors | panache.vc | Montreal, Canada | ||
Early-stage centric life sciences and tech focused VC firm funding companies in Canada | innovationgrade.com | Toronto, Canada | ||
Early-stage tech startups are funded by corporate-backed Salesforce Ventures. | salesforceventures.com | San Francisco, United States | ||
Early-stage technology startups are supported through investments by MaRS IAF. | marsiaf.com | Canada | ||
Online platform providing access to a wide range of government services and information | 1867 | canada.ca | Ottawa, Canada |
Investor details for ACTO
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of ACTO
3 people are tracked at ACTO (3 in leadership); the tracked headcount is 18.
| Name | Role | Group |
|---|---|---|
Kapil Kalra | Co-Founder & CCO & CRO | Leadership |
Parth Khanna | Co-Founder & CEO | Leadership |
Kumar Erramilli | Co-Founder & CTO | Leadership |
Complete people profiles for ACTO
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by ACTO
ACTO has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include 4th Down Solutions, CoHealth and WeScrimmage.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
An online LMS platform is offered for multi-industry learning solutions. | 4thdown.co | San Diego, United States | 2010 | Jun 2024 | •••• | |
Patient recovery care is managed through a customized educational app. | cohealthapp.com | Toronto, Canada | 2015 | Oct 2020 | •••• | |
Enterprise learning management system for businesses is delivered. | wescrimmage.com | Minneapolis, United States | 2010 | Sep 2020 | •••• |
Complete acquisition details for ACTO
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- Acquired stakes
- Deal sources
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- Exports
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Timeline of ACTO
6 dated milestones of ACTO across 10 years, from founding to its latest funding, stage changes and deals.
- Founded ACTO is founded.
- Funding First funding round of $11.5M.
- Acquisition Acquires WeScrimmage.
- Acquisition Acquires CoHealth.
- Acquisition Acquires 4th Down Solutions.
- Funding Latest funding round, Series B, of $10.0M.
Web traffic of ACTO
The website of ACTO (acto.com) receives about 13.9K visits a month.
- Monthly visits13.9K
▲ 17.6% vs previous month
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Frequently Asked Questions about ACTO
ACTO was founded in 2014 and raised its 1st funding round 6 years after it was founded.
ACTO is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Parth Khanna is the CEO of ACTO, as recorded in our data. They have also founded this company.
ACTO is a funded company, having raised a total of $39.5M across 3 funding rounds to date. The company's 1st funding round was a Series A of $11.5M, raised on Aug 2020.
ACTO has 18 employees.
Founded in 2014 and headquartered in Toronto, Canada, an AI and SaaS-based platform is offered for education in the life science sector. Tools such as SALESFitness for clinical sales training, MARKETINGFitness for centralized marketing support, and MSLFitness for interactive learning experiences are included. Remote video coaching, user engagement features, and AI-driven performance tracking are integrated to support operations in the industry.
ACTO offers ACTO Platform, LAICA, and Coach.
ACTO has made 3 acquisitions, including 4th Down Solutions, CoHealth, and WeScrimmage.
ACTO has 8 investors. Key investors include Government of Canada, Questa Capital, Resolve Growth Partners, Graphite Ventures, and Panache Ventures.
ACTO operates through Acto Technologies Inc..