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FACTON
Provider of enterprise product costing solutions
- 21-100 employees
- B2B
- Enterprise
- Manufacturing
- SaaS
- Automation
- Bornim, Potsdam, Germany
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Company mission
To accompany manufacturing companies on their way to profitable and sustainable production.
Our take
In the ever-changing global market, product supply chains get more and more complicated. To succeed in this market, companies must make smart decisions on the costing of complex products. FACTON provides enterprise product costing solutions that bring transparency to cost calculations, by standardising master data across all departments.
Founded in 1998, FACTON is a market leader for EPC solutions for the automotive, aerospace and mechanical engineering sectors. They have and continue to release new products to improve and compliment the flagship EPC Suite, maintaining their position as an innovator in the industry.
In 2021, FACTON was acquired by FOG Software Group, creating a basis for future growth of the company. Their clients include organisations such as Brose, Harman, Mahle, Porsche and Ford.
Kirsty
Company Specialist at Welcome to the Jungle
Company values
- Expertise and Innovation
- Focus and Performance Orientation
- Team and Respect
- Reliability and Commitment
- Personal Influence and Independence
- Professional and Personal Success
- Dynamism and Joy
Funding (2 rounds)
May 2010
$2.2m
SERIES D
Jun 2006
$1.6m
SERIES A
Total funding: $3.8m
Leadership
Alexander M. Swoboda
(CEO, not founder)Also CEO at CrescentOne. Advisor at New Mobility Enterprise. Previously founded Renesim and Aleda.