About FACTIC
FACTIC is a company based in Redwood City (United States) founded in 2018. It operates as a SaaS, and B2B. FACTIC offers products and services including Demand Forecasting, Automated Purchases, Promotional Impact, Cashflow Forecasting, and Budgeting. FACTIC operates in a competitive market with competitors including RELEX, Outreach, Wasoko, Bazaarvoice and Bizom, among others.
- Headquarter Redwood City, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Factic, Inc.
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Annual Revenue
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Products & Services of FACTIC
FACTIC offers a comprehensive portfolio of products and services, including Demand Forecasting, Automated Purchases, Promotional Impact, Cashflow Forecasting, and Budgeting. 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 tool for accurate sales and demand predictions in food industry
System that automates buying based on sales forecasts
Analyzes promotion effects on sales for ROI calculations
Predicts cash flow using sales and purchasing data
Enables creation and comparison of operational budgets
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Funding Insights of FACTIC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by FACTIC
| 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 |
Financial Statements - FACTIC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Factic Comparisons
Competitors of FACTIC
FACTIC 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 RELEX, Outreach, Wasoko, Bazaarvoice and Bizom, 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 |
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Unified platform for retail and supply chain planning is offered.
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Sales execution platform provided to streamline strategies and engage customers.
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| domain | founded_year | HQ Location |
Online B2B marketplace offering groceries for enterprises
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Provider of SaaS based marking solution
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| domain | founded_year | HQ Location |
Retail intelligence platform is developed for brands and B2B retailers.
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| domain | founded_year | HQ Location |
Cloud-based solutions for sales, marketing, and pipeline management are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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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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Frequently Asked Questions about FACTIC
When was FACTIC founded?
FACTIC was founded in 2018.
Where is FACTIC located?
FACTIC is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
What does FACTIC do?
Factic is a SaaS platform utilizing AI and machine learning to deliver accurate demand forecasting for the food and beverage industry. It integrates internal data with external factors like weather to generate predictions, automate purchasing, and optimize production planning. Based in Barcelona and San Francisco, it serves teams such as demand planners and CFOs by reducing stockouts and improving efficiency through collaborative tools and analytics modules.
Who are the top competitors of FACTIC?
FACTIC's top competitors include Bizom, RELEX and Bazaarvoice.
What products or services does FACTIC offer?
FACTIC offers Demand Forecasting, Automated Purchases, Promotional Impact, Cashflow Forecasting, and Budgeting.