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$417.35M Raised in 36 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Tacto

start up
Germany - Munich, Bavaria
  • 15/12/2023
  • Unknown
  • $54,000,000

Tacto revolutionizes procurement with its cloud-based software, building future-proof supply chains for industrial organizations. As the central hub connecting these organizations with their supplier base, Tacto streamlines procurement processes, ensures compliant supply chains and enables efficient material sourcing at optimal conditions.

Procurement is responsible for 50 to 80% of the entire value creation of industrial companies - from costs to sustainability. The ever-increasing complexity of procurement, compliance requirements and supply chains requires intelligent solutions to become future-proof.

Navigating the supplier landscape can be a daunting task, particularly for manufacturers in the 'German Mittelstand'. Tacto eliminates the challenges by empowering our customers to move away from outdated methods like email and spreadsheets. Our intelligent platform provides a seamless and transparent experience, simplifying all aspects of supplier management - digital, efficient & sustainable.


Related People

Johannes GrollFounder

Johannes Groll Germany - Munich, Bavaria

Why procurement?
Procurement is the most important economic driver in the manufacturing industry. 50% of costs and 80% of emissions of industrial companies are generated in purchasing. The increasing complexity regarding parts, suppliers and supply chains as well as the lack of data transparency requires innovative solutions - this is what we are working on with Tacto!

About Me:
I am co-founder and CPO of Tacto and primarily responsible for product development. A particular part of my work is the development of our purchasing software close to operations and in direct cooperation with the backbone of the German economy - the industrial SME sector.