Tacto Raises €50M For Ai Supply Chain Solutions
12/12/23, 11:12 AM
Location
Money raised
€50 million
Industry
software development
Today Tacto, the German AI-based operating system for future-proof supply chains, announced it has raised €50 million.
Company Info
Location
munich, bavaria, germany
Additional Info
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 Tacto eliminates the challenges by empowering our customers to move away from outdated methods like email and spreadsheets.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.