# Tacto: Information technology & services, Munich, Germany

> Tacto: Tacto is a Munich-based artificial intelligence company founded in 2020, specializing in a Procurement Intelligence Platform tailored for mid-sized...

Source: https://millionrounds.com/startup/tacto (Millionrounds; every figure on the page links to its filing or article)

Germany · [Information technology & services startup](https://millionrounds.com/companies)

# Tacto

Tacto is a Munich-based artificial intelligence company founded in 2020, specializing in a Procurement Intelligence Platform tailored for mid-sized industrial enterprises.

Funding reported Last round: Series A

Information technology & services Munich, Germany

Company summary

- **Founded:** 2020 6 years old
- **Team:** 140 51 to 200 people
- **Funding reported:** 56.3M as listed, currency not stated
- **Last round:** Series A Dec 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Tacto has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Tacto

Tacto is a Munich-based artificial intelligence company founded in 2020, specializing in a Procurement Intelligence Platform tailored for mid-sized industrial enterprises.

The company operates as an AI-based operating system that transforms procurement into a strategic decision-making process. Tacto has raised approximately $59.81 million to $61.11 million in funding, including a significant $50 million Series B round in December 2023 from notable investors like Sequoia Capital and Index Ventures. The core product, a cloud-based SaaS platform, integrates internal ERP data with external market intelligence to provide actionable insights for procurement. Key features include automated workflows, risk and savings detection, and a transparent dashboard for real-time visibility into procurement activities. Tacto's proprietary AI engine, Tacto Intelligence, enhances the platform by converting complex data into strategic insights, enabling organizations to optimize their supply chains while ensuring compliance and sustainability. Tacto aims to empower mid-sized industrial firms to navigate the complexities of modern supply chains effectively.

## What company datasets say Tacto raised

Funding, as reported

Reported in all **56.3M** in the source's currency

Rounds **3**

Last round **Series A**

Last round size **55M**

Last round date **Dec 2023**

Investors listed **9**

## Founders and team

From Tacto's own website: 2 on the team.

- **Matthias Schlotter** Director Purchasing, SW
- **Zvjezdan Garic** Director of Supply Chain

## On a portfolio page

Investors who name them

- [UVC Partners](https://millionrounds.com/fund/uvc-partners)

Each firm lists Tacto on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

supply chain efficiency supplier classification supplier onboarding supplier data management cost analysis cloud-based platform digital procurement continuous improvement real-time data intelligent sourcing distribution carbon footprint reduction manufacturing ai-driven procurement compliance checks procurement process automation

Built with from their website

Microsoft Azure Monitor GitHub Actions Google Tag Manager Excel Impact Amazon CloudFront HREF Lang GitHub Google Workspace CloudFlare Viewport Meta

+8 more

LinkedIn Ads Sqlalchemy Hubspot PostgreSQL pandas webpack Excel4Apps Webflow Hosting

- **Sector:** Information technology & services
- **Industry code:** NAICS 513210, 541512, SIC 7375, 7372, 7371
- **Region:** Bavaria
- **Revenue:** 22.5M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/tacto)

## Information technology & services in Germany

Startups like it

- [**Helsing** Munich · founded 2021 *Raised*](https://millionrounds.com/company/helsing)
- [**Parloa** Berlin · founded 2018 *Raised*](https://millionrounds.com/company/parloa)
- [**Black Forest Labs** Freiburg · founded 2024 *Raised*](https://millionrounds.com/company/black-forest-labs)
- [**n8n** Berlin · founded 2019 *Raised*](https://millionrounds.com/company/n8n)
- [**Sereact** Stuttgart · founded 2021 *Raised*](https://millionrounds.com/company/sereact)
- [**osapiens** Mannheim · founded 2018 *Raised*](https://millionrounds.com/company/osapiens)
- [**RobCo** Munich · founded 2020 *Raised*](https://millionrounds.com/company/robco)
- [**Noxtua** Berlin *Raised*](https://millionrounds.com/company/noxtua)

## Is this your company?

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