When was ACTO founded?

ACTO was founded in 2014 and raised its 1st funding round 6 years after it was founded.

Where is ACTO located?

ACTO is headquartered in Toronto, Canada.

Which legal entities is ACTO associated with?

ACTO is associated with Acto Technologies Inc. and 1 other.

How many employees does ACTO have?

As of Aug 31, 2026, the latest employee count at ACTO is 113.

Is ACTO a funded company?

ACTO is a funded company, having raised a total of $39.5M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Aug 27, 2020.

When was the latest funding round of ACTO?

ACTO's latest funding was a $***** Series B round on Sep 12, 2024, with participation from 6 investors.

Where does ACTO rank among its competitors?

ACTO ranks 1st amongst 153 active competitors, of which 19 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was MedScout, which secured $10M in Feb, 2026.

Who are the top competitors of ACTO?

ACTO's top competitors include Cegedim, MedScout and Axtria. Among them, MedScout secured the most recent funding round in February, 2026.

ACTO - 2026 Company Profile, Funding & Competitors

ACTO is a series B company based in Toronto (Canada), founded in 2014. It operates as a Provider of an AI and SaaS-based educational platform for the life science industry. ACTO has raised $39.5M in funding from Questa Capital and Resolve Growth Partners. The company has 153 active competitors, including 19 funded and 32 that have exited. Its top competitors include companies like Cegedim, MedScout and Axtria.

Company Details

Provider of an AI and SaaS-based educational platform for the life science industry. The company has developed a digital platform with learning tools like SALESFitness which is a product that provides trading in clinical sales, MARKETINGFitness a centralized tool for life science marketing of new launches, MSLFitness provides engaging learning experiences and more. There are features for remote video coaching, user engagement tools, and AI-assisted tools for performance tracking.

Website: acto.com
Social
Email ID: *****@actoapp.com

Key Metrics

Founded Year

2014

Location

Toronto, Canada

Stage

Series B

Total Funding

$39.5M in 3 rounds

Latest Funding Round

Series B, Sep 12, 2024, $*****

Investors

Questa Capital & 11 more

Ranked

1^st among 153 active competitors

Employee Count

113 as on Aug 31, 2026

Investment & Acquisitions

4th Down Solutions & 2 more

Similar Companies

Cegedim & 202 more

View ACTO's full profile

ACTO is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Acto Technologies Inc. CIN: 14051581 , Canada, Active	May 18, 2022	-	-	-
ACTO TECHNOLOGIES USA INC CIN: 611963935 , United States, Active	Dec 31, 1999	-	16 (As on Dec 31, 2024)	-

ACTO has raised a total funding of $39.5M over 3 rounds. Its first funding round was on Aug 27, 2020. Its latest funding round was a Series B round on Sep 12, 2024 for $*****. 6 investors participated in its latest round. ACTO has 12 institutional investors.

Here is the list of recent funding rounds of ACTO:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 12, 2024	1184658	Series B	1578521	4385443	1007991	7567613
Jul 07, 2022	4697098	Series B	5312338	5685305	7876002	Salesforce Ventures & 3 more
Aug 27, 2020	4956905	Series A	8146977	5338701	Resolve Growth Partners	Panache Ventures & 1 more

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View details of ACTO's funding rounds and investors

ACTO's employee count trend

ACTO has 113 employees as of Aug 26. Here is ACTO's employee count trend over the years:

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Top competitors of ACTO include Cegedim, MedScout and Axtria. Here is the list of Top 10 competitors of ACTO, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ACTO 2014, Toronto (Canada), Series B	Provider of an AI and SaaS-based educational platform for the life science industry	$39.5M	Salesforce Ventures, Resolve Growth Partners ... & 10 others	65/100
2nd	Cegedim 1969, Boulogne billancourt (France), Public	Digital data flow management services	-	Tikehau Capital, Europa	60/100
3rd	MedScout 2021, Austin (United States), Series A	Provider of sales enablement platform to life sciences companies	$30.8M	Fulcrum Equity Partners, Live Oak Ventures ... & 6 others	55/100
4th	Axtria 2009, Berkeley Heights (United States), Series D	Provider of AI-powered data analytics and commercial solutions for life sciences	$199M	Helion Venture Partners, Bain Capital & 9 others	54/100
5th	Goapptiv 2016, Thane (India), Series B	A technology-driven business services provider in healthcare	$46.7M	Cipla, British International Investment & 6 others	50/100
6th	CareSet 2014, Houston (United States), Seed	Provides a platform that decodes Medicare claims data to guide new drug launches.	-	humble ventures, Texas Medical Center	49/100
7th	CompareNetworks 2000, San Francisco (United States), Acquired	B2B media and tech company empowering professionals with information and tools	$21.7M	Main Street Capital, Alta Equity Partners	46/100
8th	Multiplier AI 2011, Hyderabad (India), Seed	Developer of an AI based pharma marketing platform for life sciences firm	$2.08M	Attune, Norwest & 2 others	46/100
9th	SHYFT Analytics 2005, Waltham (United States), Acquired	Data Management and analytic solutions for life sciences	$61.5M	Ardan Equity Partners, Activate Venture Partners ... & 4 others	45/100
10th	MedData Group 2011, Topsfield (United States), Unfunded	Healthcare solutions leveraging data, technology, and AI to improve patient outcomes	-	-	45/100

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ACTO has acquired 3 companies including 4th Down Solutions, CoHealth and Scrimmage. ACTO has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 11, 2024	Acquisition	4th Down Solutions	2010	San Diego (United States)
Oct 28, 2020	Acquisition	CoHealth	2015	Toronto (Canada)
Sep 10, 2020	Acquisition	Scrimmage	2010	Minneapolis (United States)