Cherry Ventures

Assembly Line

Tacto raises €5.3m to build sustainable supply chains

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Tacto, Cherry Ventures

Munich-based software company Tacto raised € 5.3m to transform industrial procurement. The financing was led by venture capital firm Cherry Ventures together with UVC Partners, Visionaries Club, and Personio’s Hanno Renner, GetYourGuide’s Johannes Reck, Forto’s Michael Wax, and Helsing’s Torsten Reil.

“With Tacto, we are significantly advancing the digitalisation of our procurement: thanks to the software, which can be operated by all employees, we are moving away from Excel-based processes towards a completely digitalised procurement. A few months after the implementation, we were already able to record strong savings potentials,” says Matthias Schlotter, Procurement Manager at Schwäbische Werkzeugmaschinen.

Read more at Tacto Blog