Fakto
1535 Mission Street, San Francisco, CA, 94103, US
Overview
Fakto builds AI agents that ingest the full corpus of supplier contracts, invoices and pricing grids to extract clauses, compare signed terms to billed amounts and flag deviations. The platform operates in two modes: defensive (recovering overbilled amounts) and offensive (unlocking unexploited contractual value such as volume tiers or consolidation opportunities). Fakto targets large enterprises with more than €500M in revenue in sectors with dense contracting (retail, construction, logistics, manufacturing) and already serves three French groups with revenues between €1B and €40B. In a cited pilot over €40M of fuel spend, Fakto identified 2.5% contract deviations within days after ingesting over 30,000 invoices and unstructured price grids, with one supplier showing a systematic 14% deviation. The company sells a SaaS subscription indexed to covered spend and plans to expand to the U.K. in H2 2026 and the U.S. in early 2027, supported by recent funding and planned tech hires.
- Total raised
- $4M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- May 2026
Industries
- Agentic AI
- Billing
- Enterprise Software
- Procurement
- SaaS
Recent funding
Equity
May 2026
$4M
Team
No current team members are available.