About FACTON
FACTON is an Industrial Goods & Manufacturing company based in Potsdam (Germany) founded in 1998, and was acquired by Fog Software Group in January 2021. It operates as an enterprise product costing solutions are offered for multiple industries. Its chief executive is Alexander Swoboda. FACTON offers products and services including EPC Suite, Quotation Calculation, Should Costing, and Design-to-Cost. Its focus areas include Enterprise Applications, Manufacturing Tech, Product Design & Development and PDM. Its legal entity is FACTON GmbH. Its competitors include Anark Corporation, Kenesto Corp, Cortona3D, BlueCielo ECM and OpenBoM and 4 more; 2 of its 9 listed competitors have raised funding.
Company details
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.
- Headquarters Potsdam, Germany
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website facton.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Fog Software Group (Jan 2021)
- Legal Name Facton Gmbh
- InvestorsFog Software Group
& 1 more
- Acquired byFog Software Group
(Jan 2021)
Products & Services of FACTON
FACTON offers a comprehensive portfolio of products and services, including EPC Suite, Quotation Calculation, Should Costing, and Design-to-Cost.
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
Apps and channels of FACTON
its YouTube channel FACTON has 132 subscribers and 19 videos.
Videos from FACTON
The most watched videos on FACTON's YouTube channel, FACTON (132 subscribers). Click a video to play it here.
More on FACTON.
Funding Insights of FACTON
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of FACTON 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 |
|---|---|---|---|---|---|
| Jun 2006 | – | Unspecified | – | Hasso Plattner Ventures | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech focused seed and growth stage VC firm investing in the Germany and the US | – | hp-ventures.com | Potsdam, Germany | |
Software developing companies are acquired and managed internationally. | 1995 | fogsoftwaregroup.com | Deerfield, United States |
Investor details for FACTON
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People of FACTON
1 people are tracked at FACTON (1 in leadership).
| Name | Role | Group |
|---|---|---|
Alexander Swoboda | CEO | Leadership |
Complete people profiles for FACTON
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Timeline of FACTON
3 dated milestones of FACTON across 23 years, from founding to its latest funding, stage changes and deals.
- Founded FACTON is founded.
- Funding First funding round.
- Exit Acquired by Fog Software Group.
Competitors of FACTON
FACTON has 9 listed competitors in our database, 2 of them funded. They include Anark Corporation, Kenesto Corp., Cortona3D, BlueCielo ECM and OpenBoM, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| anark.com | 1994 | Boulder, United States | $11.6M | 21 | 3D visualization and PLM solutions are provided to manufacturing industries. | |
| kenesto.com | 2011 | Waltham, United States | $2.67M | – | Cloud-based document management is offered for engineering teams. | |
| cortona3d.com | 1989 | Dublin, Ireland | – | – | 3D visual tools are provided for maintenance and training simulations. | |
| bluecieloecm.com | 1983 | Hoofddorp, Netherlands | – | – | Engineering information management software solutions are developed. | |
| openbom.com | 2016 | Boston, United States | – | – | SaaS platform for product data management, PLM, inventory, and procurement in manufacturing. | |
| smarteam.com | 1995 | Kfar Saba, Israel | – | – | PDM systems & workflow solution provider for midrange PC CAD solutions | |
| synergissoftware.com | 1985 | Quakertown, United States | – | – | Provides software for document management, version control, and workflow automation in engineering sectors. | |
| teamplatform.com | 2010 | Sunnyvale, United States | – | – | Online project management for product design and engineering services | |
| pdmlynx.com | 2014 | Raleigh, United States | – | – | Delivers product data management solutions to streamline business operations. |
Detailed competitors of FACTON
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Web traffic of FACTON
The website of FACTON (facton.com) receives about 1K visits a month.
- Monthly visits1K
▼ 2.8% vs previous month
Websites whose visitors overlap most with FACTON. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
benchmark-graphics.com | benchmark-graphics.com | 100% | – | – | – |
kdmfab.com | kdmfab.com | 62% | – | #408,124 | – |
Top companies in Manufacturing Tech Solutions
10 companies that operate in the same segment as FACTON (Manufacturing Tech Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based ERP software is offered for multiple industries. | 2002 | New York, New York, United States | USD 1.52 B | – | – | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 203.44 M | USD 686.63 M | 1,090 | |
Hexagon is recognized for delivering advanced measurement and automation technologies. | 1980 | Stockholm, Sweden | – | USD 6.52 B | – | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M | – | – | |
Cloud-based 3D CAD system is accessed via web browsers. | 2012 | Cambridge, Massachusetts, United States | USD 348.69 M | USD 695.52 K | – | |
AI-powered data science platform enables model deployment and analytics insights. | 1985 | Troy, United States | USD 35.05 M | – | – | |
AI-based software for manufacturing process optimization is offered. | 1981 | Bedford, United States | USD 100 M | USD 5.21 M | 64 | |
Manufacturing solutions are provided for industrial and consumer sectors. | 2018 | Bengaluru, Karnataka, India | USD 857.1 M | USD 1.71 B | 1,248 | |
Equipment rental marketplace and digital tools for construction are offered. | 2014 | Columbia, United States | USD 806.48 M | USD 4.38 B | – | |
Modular hardware and software platform for industrial automation is provided. | 2016 | Montreal, Quebec, Canada | USD 263.41 M | – | – |
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Related news about Facton
Complete news archive for FACTON
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Frequently Asked Questions about FACTON
FACTON was founded in 1998 and raised its 1st funding round 8 years after it was founded.
FACTON is headquartered in Potsdam, Germany. It is registered at Potsdam, Brandenburg, Germany.
Alexander Swoboda is the current CEO of FACTON.
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.
FACTON's top competitors include Anark Corporation, Kenesto Corp. and Cortona3D.
FACTON offers EPC Suite, Quotation Calculation, Should Costing, and Design-to-Cost.
FACTON has 2 investors. Key investors include Fog Software Group, and Hasso Plattner Ventures.
FACTON operates through Facton Gmbh.
Yes. FACTON was acquired by Fog Software Group in January 2021.