Tacto, founded in 2020 in Germany, is emerging as a game-changer in the procurement sector. With the slogan, "Stronger Procurement. Stronger Company. Stronger Future.", Tacto is addressing the pressing challenges in the manufacturing industry, heavily focused on transforming procurement operations.
The company stands out with its development of the first Procurement Intelligence Platform specifically for industrial firms. In an era where traditional methods like Excel and ERP systems are lagging, Tacto provides a dynamic system that centralizes procurement decision-making through transparency and strategic recommendations.
By leveraging AI, Tacto enables companies to balance time, cost, and quality almost instantaneously. Its capabilities include real-time monitoring, automation of manual processes, risk identification, and cost-saving opportunities.
Securing a €50.00M Series A investment on 11 December 2023 from notable investors like Cherry Ventures, UVC Partners, Visionaries Club, Index Ventures, and Sequoia Capital, Tacto is well-positioned for robust growth in the AI and Enterprise Software sectors.