Tacto raises €50.0M Series A round

12 December 2023· Munich, Germany· manufacturing, supply_chain, procurement, ai, industrial_software, b2b, pure_software

The capital will be used to accelerate product development and make significant investments in AI. The goal is to help customers automate all manual supplier and compliance processes, proactively achieve savings by optimizing purchasing costs, and reduce emissions through sustainable procurement, in order to build future-proof supply chains for small and medium-sized enterprises.

Investors

LeadSequoia Capital
Also participating
Index VenturesCherry VenturesVisionaries ClubUVC Partners

About Tacto

Stage
Series A
Headquarters
Munich, Germany
Founded
2020
Team Size
51–200
Sectors
manufacturingsupply_chainprocurementaiindustrial_softwareb2bpure_software

Source: https://www.tacto.ai/news/tacto-secures-50-million-to-build-future-proof-supply-chains-for-small-and-medium-sized-enterprises