About FACTON
FACTON is a company based in Potsdam (Germany) founded in 1998 was acquired by Fog Software Group in January 2021.. FACTON offers products and services including EPC Suite, Quotation Calculation, Should Costing, and Design-to-Cost. FACTON operates in a competitive market with competitors including Anark Corporation, Kenesto Corp., Cortona3D, BlueCielo ECM and OpenBoM, among others.
- Headquarter Potsdam, Germany
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Sectors
Industrial Goods & Manufacturing
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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 Facton Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Fog Software Group
& 1 more
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Employee Count
Employee Count
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Acquired by
Fog Software Group
(Jan 13, 2021)
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Products & Services of FACTON
FACTON offers a comprehensive portfolio of products and services, including EPC Suite, Quotation Calculation, Should Costing, and Design-to-Cost. 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.
Solution for enterprise product costing and transparency in manufacturing
Tool for accurate quotation processes in product costing
Method for evaluating costs and emissions in supply chains
Approach for cost-effective product design decisions
Funding Insights of FACTON
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2006 | Amount | Unspecified - FACTON | Valuation | Hasso Plattner Ventures |
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| 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 FACTON
FACTON has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Fog Software Group and Hasso Plattner Ventures. 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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Tech focused seed and growth stage VC firm investing in the Germany and the US
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Founded Year | Domain | Location | |
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Software developing companies are acquired and managed internationally.
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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 FACTON
| 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 - FACTON
| 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 |
Facton Comparisons
Competitors of FACTON
FACTON 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 Anark Corporation, Kenesto Corp., Cortona3D, BlueCielo ECM and OpenBoM, 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 |
3D visualization and PLM solutions are provided to manufacturing industries.
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| domain | founded_year | HQ Location |
Cloud-based document management is offered for engineering teams.
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| domain | founded_year | HQ Location |
3D visual tools are provided for maintenance and training simulations.
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| domain | founded_year | HQ Location |
Engineering information management software solutions are developed.
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| domain | founded_year | HQ Location |
SaaS platform for product data management, PLM, inventory, and procurement in manufacturing.
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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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Latest news on Facton
Frequently Asked Questions about FACTON
When was FACTON founded?
FACTON was founded in 1998 and raised its 1st funding round 8 years after it was founded.
Where is FACTON located?
FACTON is headquartered in Potsdam, Germany. It is registered at Potsdam, Brandenburg, Germany.
Who is the current CEO of FACTON?
Alexander Swoboda is the current CEO of FACTON.
What does FACTON do?
FACTON provides enterprise product costing solutions for various industries. It caters to the automotive, aerospace, engineering, and electronics industries. Its features include concept comparison, product project costing, target-performance comparison, target costing, simulation of raw material prices, location comparison, cost driver analysis, Ad hoc reporting, and Purchased part price analysis. Also provides services such as Process method consulting, software implementation, support, and training. The app is available as a cloud and on-premise solution.
Who are the top competitors of FACTON?
FACTON's top competitors include Anark Corporation, Kenesto Corp. and Cortona3D.
What products or services does FACTON offer?
FACTON offers EPC Suite, Quotation Calculation, Should Costing, and Design-to-Cost.
Who are FACTON's investors?
FACTON has 2 investors. Key investors include Fog Software Group, and Hasso Plattner Ventures.