About FACTO
FACTO is a company based in Santiago (Chile) founded in 2014 by Mickle Foretic was acquired by Koywe in June 2024.. FACTO operates in a competitive market with competitors including Qonto, Melio, Lili, Azets and Settle, among others.
- Headquarter Santiago, Chile
- Founders Mickle Foretic
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Funding Insights of FACTO
| 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 |
Investors in FACTO
FACTO has secured backing from 1 investor. Prominent investors backing the company include Koywe. 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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Cryptocurrency is bought and sold via Koywe's Web3 wallet.
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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 FACTO
| 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 - FACTO
| 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 |
Facto Comparisons
Competitors of FACTO
FACTO 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 Qonto, Melio, Lili, Azets and Settle, 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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| domain | founded_year | HQ Location |
Subscription-based online banking is offered to SMEs and freelancers.
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| domain | founded_year | HQ Location |
Blood-based pathogen detection devices are manufactured for healthcare applications.
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| domain | founded_year | HQ Location |
Digital banking services are offered to freelancers.
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| domain | founded_year | HQ Location |
Online accounting, tax, and audit management services for small businesses
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| domain | founded_year | HQ Location |
Cloud-based cash flow management is provided for payers and vendors.
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AI and cloud-enabled source-to-pay automation solutions are provided for businesses.
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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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| 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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Frequently Asked Questions about FACTO
When was FACTO founded?
FACTO was founded in 2014.
Where is FACTO located?
FACTO is headquartered in Santiago, Chile. It is registered at Santiago, Region Metropolitana De Santiago, Chile.
Who is the current CEO of FACTO?
Mickle Foretic is the current CEO of FACTO. They have also founded this company.
What does FACTO do?
FACTO was founded in 2014 and is headquartered in Santiago, Chile. A SaaS platform is operated to support accounting, inventory management, sales processes, point-of-sale operations, and cash management. Additional tools for related business functions are included. The focus remains on streamlining financial and operational tasks for users in the accounting and sales sectors across Latin America.
Who are FACTO's investors?
FACTO has 1 investor. Key investors include Koywe.
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