About Tacto
Tacto is a company based in Munchen (Germany) founded in 2020 by Nico Bentenrieder, Johannes Groll, and Andre Petry. Tacto has raised $59.66 million across 3 funding rounds from investors including Sequoia Capital, Index Ventures and Visionaries Club. Tacto offers products and services including Tacto Software, Compliance Tools, and Cost Optimization Features. Tacto operates in a competitive market with competitors including BirchStreet Systems, Concertiv, Omnea, VendorPanel and BuyerQuest, among others.
- Total Equity Funding$59.66M (USD)
in 3 rounds
- Latest Funding Round$53.81M (USD), Series A
Dec 2023
- InvestorsSequoia Capital
& 8 more
Products & Services of Tacto
Tacto offers a comprehensive portfolio of products and services, including Tacto Software, Compliance Tools, and Cost Optimization Features.
Platform for automating supplier processes and compliance checks.
Tools for managing compliance requirements like CBAM and LkSG.
Features using AI to identify and realize cost-saving potentials.
Funding Insights of Tacto
Tacto has successfully raised a total of $59.66M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $53.81 million completed in December 2023. 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 $59.66M
- Total Rounds 3
- Last Round Series A — $53.81M
- Investors Count 9
All 3 funding rounds of Tacto 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 |
|---|---|---|---|---|---|
| Dec 2023 | $53.81M | Series A | – | Sequoia Capital, Index Ventures | |
| Mar 2022 | $5.85M | Seed | – | Cherry Ventures, UVC Partners | |
| Sep 2020 | – | Seed | – | UVC Partners, Visionaries Club |
9 investors in total: 5 institutional and 4 angel.
Investors in Tacto
Tacto has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Sequoia Capital, Index Ventures and Visionaries Club.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | - | |
Venture capital investments in technology startups and entrepreneurs. | – | indexventures.com | - | |
Visionaries Club is engaged in venture capital investments for B2B tech startups. | – | visionaries.vc | Berlin, Germany | |
Provider of early-stage venture capital funding for European technology companies | – | cherry.vc | Berlin, Germany | |
Investments are directed toward enterprise software, mobility, and industrial technologies. | – | uvcpartners.com | Munich, Germany | |
HR Hanno Renner | CEO of Personio, active angel investor in Indian startups | – | unknown_cf3ec97cc6104801b | - |
MW Michael Wax | Angel investor focusing on Indian startups, experienced in tech and innovation. | – | unknown_fe079034e3624d709 | - |
TR Torsten Reil | Co-founder of NaturalMotion, angel investor in tech and gaming startups. | – | unknown_a6b843e5628c46999 | - |
JR Johannes Reck | Angel investor, co-founder of GetYourGuide, focusing on tech startups. | – | unknown_a07819a8585040149 | - |
Investor details for Tacto
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Tacto
18 people are tracked at Tacto (4 in leadership, 14 in team).
| Name | Role | Group |
|---|---|---|
Nico Bentenrieder | Co-Founder | Leadership |
Johannes Groll | Co-Founder | Leadership |
Andre Petry | Co-Founder & CEO | Leadership |
André Petry | Co-Founder & CEO | Leadership |
Pradeep Gill | Full Stack Engineer | Team |
Lukas Gehlen | Business Development | Team |
Yahia Osama | Software Engineer | Team |
Pau Pérez Fabregat | Lead Backend Engineer | Team |
Franz Schubart | BDR Team Lead | Team |
Bruno Batista | Software Engineer | Team |
Léonie Chaton | Business Development Intern | Team |
Andreas Uhlmann | Software Engineer | Team |
Maximilian Schalk | Engineering Team Lead | Team |
Florian Findeis | Strategy & Ops | Team |
Adrian David Castro Tenemaya | Senior Software Engineer | Team |
Benedikt Schwankner | Software Engineer | Team |
Jacob Steinbrenner | Account Executive | Team |
Constantin Blome | Product | Team |
Complete people profiles for Tacto
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Tacto
3 dated milestones of Tacto across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Tacto is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $53.8M.
Competitors of Tacto
Tacto 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 BirchStreet Systems, Concertiv, Omnea, VendorPanel and BuyerQuest, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| birchstreetsystems.com | 2002 | Newport Beach, United States | $2.04M | 75 | Cloud-based procure-to-pay solutions are delivered for business management. | |
| concertiv.com | 2014 | New York, United States | $6.62M | 27 | Web-enabled end-to-end procurement management solutions are provided. | |
| omnea.co | 2021 | London, United Kingdom | $125.09M | – | Web-enabled solutions for procurement orchestration in supply chains are offered. | |
| vendorpanel.com | 2008 | Melbourne, Australia | $5.05M | – | SaaS-based source-to-contract platform is provided for governments, utilities, and corporates. | |
| buyerquest.com | 2011 | Cleveland, United States | $15.4M | 28 | Procure-to-pay software is provided for e-procurement and spend management. | |
| levelpath.com | 2022 | San Francisco, United States | $99.5M | – | Software solutions for procurement and supply chain management are provided. | |
| arkestro.com | 2017 | San Francisco, United States | $78.05M | 77 | Web-based solutions for procurement management and supplier oversight are provided. | |
| velostics.com | 2017 | Houston, United States | $4.45M | – | SaaS-enabled solutions for procurement and transportation management are provided. | |
| akirolabs.com | 2020 | Bocholt, Germany | $5M | – | AI and web-based procurement management solutions are provided. |
Detailed competitors of Tacto
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Tacto
The website of Tacto (tacto.ai) receives about 42K visits a month and ranks #879,554 among all websites worldwide, #7,157 in Business Services.
- Monthly visits42K
▲ 22.4% vs previous month
- Unique visitors14.6K
per month
- Global rank#879,554
among all websites
- Category rank#7,157
Business and Consumer Services · Business Services
- Bounce rate44%
- Pages per visit1.9
- Average visit1 min 01 sec
- DevicesDesktop 42% · Mobile 58%
Websites whose visitors overlap most with Tacto. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| kerkhoff-consulting.com | 100% | 1.7K | #8,831,174 | View details | |
| munich-startup.de | 81% | – | #615,355 | View details | |
| fynk.com | 81% | 171.6K | #278,915 | View details |
Latest news on Tacto
Complete news archive for Tacto
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Tacto
10 companies that operate in the same segment as Tacto (Procurement & Supply Chain IT), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based end-to-end spend management software is delivered for businesses. | 2006 | San Mateo, California, United States | USD 169 M | USD 39.68 M | 648 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | – | USD 3.59 B | 12,100 | |
Zebra Technologies is recognized for providing intelligent operation solutions globally. | 1969 | Lincolnshire, Illinois, United States | – | USD 5.43 B | 9,900 | |
AI and cloud-based supply chain management solutions are provided. | 1985 | Scottsdale, Arizona, United States | USD 800 M | – | – | |
AI and SaaS-based robots for warehouse automation are provided. | 2012 | Roswell, United States | USD 545.23 M | USD 39.76 M | 553 | |
Provider of supply chain financing solutions for small and medium enterprises | 2017 | Mumbai, Maharashtra, India | USD 269.95 M | USD 48.5 M | 1,506 | |
AI-based electronic invoicing and supply chain management solution for businesses | 2009 | San Francisco, California, United States | USD 220.46 M | – | 185 | |
Contract lifecycle management software is developed using AI-powered intelligence. | 2016 | San Carlos, California, United States | USD 154.69 M | – | – | |
AI-powered software for legal contract management is utilized. | 2012 | Lehi, Utah, United States | USD 170.95 M | – | – | |
Procure-to-pay management software is offered for business operations. | 2017 | San Francisco, California, United States | USD 90.5 M | – | – |
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Frequently Asked Questions about Tacto
Tacto was founded in 2020.
Tacto is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Andre Petry is the current CEO of Tacto. They have also founded this company.
Tacto is a funded company, having raised a total of $59.66M across 3 funding rounds to date.
Tacto was founded in 2020 in Munich, Germany, and operates in the industrial supply chain sector. A cloud-based procurement software is provided by the company to connect organizations with suppliers. Procurement processes are streamlined to ensure compliance and optimal material sourcing. The supplier landscape is navigated for industrial SMEs, while supplier management is simplified through the platform.
Tacto offers Tacto Software, Compliance Tools, and Cost Optimization Features.
Tacto has 9 investors. Key investors include Sequoia Capital, Index Ventures, Visionaries Club, Cherry Ventures, and UVC Partners.
Tacto operates through Tacto Technology Gmbh.