FactWise - About the company
FactWise is a funded company based in New York City (United States), founded in 2021 by Stawan Kamani and David Hoppmann. It operates as an Offers an end-to-end procurement platform generating win-win outcomes for buyers and suppliers. The company has 389 active competitors, including 74 funded and 55 that have exited. Its top competitors include companies like Coupa, Bizongo and Concur.
Company Details
Offers an end-to-end procurement platform generating win-win outcomes for buyers and suppliers. It is a technology startup building sourcing and procurement solutions for global small and mid-sized product manufacturing companies. It offers an intelligent procurement platform that provides transparency and insights to leaders, streamlining and automating procurement processes.
- Website
- factwise.io
- Email ID
- *****@factwise.io
- Registered Address
- 7, FLR 1, 18 FIDA ALI MANSION, SHAMALDAS GANDHI MARG NR JUMA MASJID, ZAVERI BAZAR, ,KALBADEVI, Mumbai City, MUMBAI, Maharashtra, India, 400002
Key Metrics
Founded Year
2021
Location
New York City, United States
Stage
Funding Raised
Investors
Ranked
144th among 389 active competitors
Annual Revenue
₹1.16Cr as on Mar 31, 2025
Employee Count
15 as on Mar 31, 2026
Legal entities associated with FactWise
FactWise is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FACT WISE TECH PRIVATE LIMITED CIN: U72900MH2021PTC356558 , India, Active | Mar 08, 2021 | $138K (As on Mar 31, 2025) | - |
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FactWise's funding and investors
FactWise is a funded company. FactWise has 1 institutional investor.
View details of FactWise's funding rounds and investors
FactWise's founders and board of directors
Founder? Claim ProfileThe founders of FactWise are Stawan Kamani and David Hoppmann. Stawan Kamani is the CEO of FactWise.
Here are the details of FactWise's key team members:
- Stawan Kamani: Founder & CEO of FactWise. Contact Info: 1 email address
- David Hoppmann: CEO/Co-Founder of FactWise.
FactWise's Board of Directors
FactWise's board has 1 active member. Chandresh Vallabhdas Thakker is part of team.Here is the list of FactWise's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 4y 11m | |
iuyhgas | Team | - | Past | 6y 7m |
View details of FactWise's Founder profiles and Board Members
FactWise's employee count trend
FactWise has 15 employees as of Mar 26. Here is FactWise's employee count trend over the years:
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FactWise's Competitors and alternates
Top competitors of FactWise include Coupa, Bizongo and Concur. Here is the list of Top 10 competitors of FactWise, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Coupa 2006, San Mateo (United States), Acquired | Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend | $169M | 87/100 | |
2nd | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | $307M | 77/100 | ||
3rd | Concur 1988, Bellevue (United States), Acquired | Provider of travel, expense, and invoice management solutions for businesses | - | 74/100 | |
4th | Provider of spend management platform automating expense claims and invoice processing | $304M | 74/100 | ||
5th |  Tipalti 2010, Foster City (United States), Series F | Cloud-based procurement and invoice management solutions for businesses | $553M | 73/100 | |
6th |  Sage Group 1981, Atlanta (United States), Public | Provider of business management software solutions and academic publishing services across various industries | - | 69/100 | |
7th |  Globality 2015, Palo Alto (United States), Series E | Provider of AI-driven platform for sourcing and procurement process automation | $368M | 68/100 | |
8th | SaaS-enabled end-to-end spend management software | $82.5M | 68/100 | ||
9th | Network connecting buyers and suppliers through an AI-driven procurement platform | $76M | 67/100 | ||
10th | Provider of spend management and digital commerce platform for enterprises | $6.55M | 67/100 | ||
144th |  FactWise 2021, New York City (United States), Funding Raised | Offers an end-to-end procurement platform generating win-win outcomes for buyers and suppliers | - | 30/100 |
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FactWise's Investments and acquisitions
FactWise has made no investments or acquisitions yet.
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