About ACTO
ACTO is a company based in Toronto (Canada) founded in 2014 by Kapil Kalra, Parth Khanna, and Kumar Erramilli.. 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 as of December 31, 2022. ACTO has completed 3 acquisitions, including 4th Down Solutions, CoHealth and WeScrimmage. ACTO offers products and services including ACTO Platform, LAICA, and Coach. ACTO operates in a competitive market with competitors including IMS Health, Axtria, IntegriChain, CompareNetworks and SHYFT Analytics, among others.
- Headquarter Toronto, Canada
- Employees 18 as on 31 Dec, 2022
- Founders Kapil Kalra, Parth Khanna, Kumar Erramilli
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Acto Technologies Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$39.5 M (USD)
in 3 rounds
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Latest Funding Round
$10 M (USD), Series B
Sep 12, 2024
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Investors
Government of Canada
& 7 more
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Employee Count
18
as on Dec 31, 2022
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Investments & Acquisitions
4th Down Solutions
& 2 more
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Products & Services of ACTO
ACTO offers a comprehensive portfolio of products and services, including ACTO Platform, LAICA, and Coach. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 Total Funding
- Total Rounds 3
- Last Round Series B — $10.0M
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First Round
First Round
(27 Aug 2020)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series B - ACTO | Valuation | Questa Capital | |
| Jul, 2022 | Amount | Series B - ACTO | Valuation | Questa Capital | |
| Aug, 2020 | Amount | Series A - ACTO | Valuation | Resolve Growth Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Growth-stage VC and PE investments are directed across multiple sectors.
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Founded Year | Domain | Location | |
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Growth equity services for B2B SaaS companies.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are provided by Graphite Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Patient recovery care is managed through a customized educational app.
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2015 | ||||
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An online LMS platform is offered for multi-industry learning solutions.
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2010 | ||||
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Enterprise learning management system for businesses is delivered.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ACTO
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Acto Comparisons
Competitors of ACTO
ACTO operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as IMS Health, Axtria, IntegriChain, CompareNetworks and SHYFT Analytics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS and AI-based market intelligence is provided for healthcare companies.
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| domain | founded_year | HQ Location |
Data analytics and AI solutions are provided for life sciences.
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| domain | founded_year | HQ Location |
Inventory, order and customer relationship management solution for life science suppliers.
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| domain | founded_year | HQ Location |
CompareNetworks delivers media and platform products in web and mobile formats for science and healthcare manufacturers.
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| domain | founded_year | HQ Location |
Data management and analytics solutions are offered for life sciences.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Acto
Frequently Asked Questions about ACTO
When was ACTO founded?
ACTO was founded in 2014 and raised its 1st funding round 6 years after it was founded.
Where is ACTO located?
ACTO is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of ACTO?
Parth Khanna is the current CEO of ACTO. They have also founded this company.
Is ACTO a funded 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 27, 2020.
How many employees does ACTO have?
As of Dec 31, 2022, the latest employee count at ACTO is 18.
What does ACTO do?
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.
Who are the top competitors of ACTO?
ACTO's top competitors include Axtria, IntegriChain and IMS Health.
What products or services does ACTO offer?
ACTO offers ACTO Platform, LAICA, and Coach.
How many acquisitions has ACTO made?
ACTO has made 3 acquisitions, including 4th Down Solutions, CoHealth, and WeScrimmage.
Who are ACTO's investors?
ACTO has 8 investors. Key investors include Government of Canada, Questa Capital, Resolve Growth Partners, Graphite Ventures, and Panache Ventures.
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