Facton
Latest round
- Series A
Last raised
- Jun 2006
Total raised
- $1.9M
Investors
- 2
About Facton
Based in Potsdam, Germany, and founded in 1998 by Alexander M. Swoboda, Facton GmbH provides enterprise product costing solutions that help automotive, engineering, and electronics sectors to identify, automate, and manage costing based in different business areas., a software developer publicly listed company in Germany. Facton GmbH has locations in Germany such as Potsdam, Dresden, Stuttgart, and Detroit. In 2021, the company was acquired by FOG Software Group. The company works with businesses in automotive, aerospace, mechanical and medical engineering, high-tech, and electronics sectors, by offering automated management solutions for product costing. The FACTON EPC (Enterprise Product Costing) Suite and services provide digital processing of cost transparency for the product lifecycle, helps compute imputable costs from different departments, and implement software solutions in the cloud. The clients will approach Facton GmbH to find suitable cost management solutions for their business. The company will then offer an appropriate solution to determine the data-based cost attributable per department for product costing. Facton GmbH generates revenue by offering enterprise product costing solutions to different business sectors such as automotive, aerospace, mechanical and medical engineering, high-tech, and electronics. FOG Software Group's acquisition will enable the company to provide their customers with optimized digital production and calculation processes. This also provides product cost management capabilities to the company across the entire supply chain.
Who invested in Facton
2 investors across 1 round
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Funding rounds
Series A
Jun 9, 2006
Amount
$1.9M
Investors
Questions about Facton
Who invested in Facton?
Facton has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Facton raised?
Facton has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Facton last raise money?
Facton's most recent round on record is a Series A, in Jun 2006.
What does Facton do?
Based in Potsdam, Germany, and founded in 1998 by Alexander M.
Where is Facton headquartered?
Facton is headquartered in Potsdam, Germany.
Which VCs invest in companies like Facton?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Facton's stage. Their profiles are linked below.
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