Tact - About the company
Tact is a series D company based in Sunnyvale (United States), founded in 2012 by Prem Parameswaran. It operates as an AI based customer engagement software for life science industries. Tact has raised $88M in funding from investors like Accel, Redpoint Ventures and Upfront Ventures. The company has 4389 active competitors, including 308 funded and 201 that have exited. Its top competitors include companies like Salesforce, HubSpot and Freshworks.
Company Details
AI-based customer engagement software for life science industries. The company has developed software that assists customer communication and management. It works through voice, SMS, and an offline mobile app for automating data entry, delivering insights, and increasing productivity. It allows members to reach customers, personalize each interaction, and capture insights. It also supports integration with CRM for a continuum of push and pulls engagement.
- Website
- tact.ai
- Email ID
- *****@tact.ai, *****@tact.ai
- Phone Number
- +1 **********
- Registered Address
- 2 Minton Place, Victoria Road, Bicester, United Kingdom, OX26 6QB
Key Metrics
Founded Year
2012
Location
Sunnyvale, United States
Stage
Series D
Total Funding
$88M in 6 rounds
Latest Funding Round
Ranked
60th among 4389 active competitors
Employee Count
27 as on Aug 31, 2026
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Legal entities associated with Tact
Tact is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TACT.AI EMEA LTD. CIN: 11144603 , United Kingdom, Active | Jan 10, 2018 | - | 3 (As on May 31, 2024) | |
TACTAI SOFTWARE INDIA PRIVATE LIMITED CIN: U72200KA2018FTC114371 , India, Active | Jun 29, 2018 | 0 - ₹10 Cr (As on Mar 31, 2025) | 31 (As on Oct 01, 2023) |
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Tact's funding and investors
Tact has raised a total funding of $88M over 6 rounds. Its first funding round was on Mar 25, 2014. Its latest funding round was a Series D round on Mar 29, 2022 for $*****. 1 investor participated in its latest round. Tact has 16 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Tact:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 29, 2022 | 9922144 | Series D | 3254129 | 6449618 | 8688648 | 6375149 |
Sep 20, 2021 | 7838824 | Series D | 5135883 | 8708515 | 7367754 | |
Jan 27, 2020 | 4186815 | Series C | 7553929 | 8412474 | 9692045 |
View details of Tact's funding rounds and investors
Tact's founders and board of directors
Founder? Claim ProfileThe founders of Tact is Prem Parameswaran.
Here are the details of Tact's key team members:
- Prem Parameswaran: Founder & CEO of Tact and founder of 1 other company.
View details of Tact's Founder profiles and Board Members
Tact's employee count trend
Tact has 27 employees as of Aug 26. Here is Tact's employee count trend over the years:
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Tact's Competitors and alternates
Top competitors of Tact include Salesforce, HubSpot and Freshworks. Here is the list of Top 10 competitors of Tact, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Salesforce 1999, San Francisco (United States), Public | Provider of a platform delivering customer relationship management and cloud solutions | $52M | 87/100 | |
2nd | HubSpot 2005, Cambridge (United States), Public | Provider of a platform offering marketing, sales, and customer service software | $101M | 87/100 | |
3rd | Freshworks 2010, Chennai (India), Public | Provider of IT service management and customer support solutions | $400M | 84/100 | |
4th | Provider of cloud-based business software suite for diverse operational requirements | - | - | 76/100 | |
5th | Outreach 2014, Seattle (United States), Series G | Provider of an AI revenue workflow platform for sales teams | $489M | 74/100 | |
6th | SugarCRM 2004, Cupertino (United States), Acquired | AI-based open-source CRM software | $152M | 74/100 | |
7th | Provider of customer relationship management software and sales pipeline tools | $91.1M | 72/100 | ||
8th | Platform offering revenue intelligence solutions | $584M | 70/100 | ||
9th | ActiveCampaign 2003, Chicago (United States), Series C | Platform offering sales, CRM and email marketing automation software | $363M | 70/100 | |
10th | LeadSquared 2011, Bengaluru (India), Series C | Developer of a platform providing sales, marketing, field, and service solutions | $204M | 70/100 | |
60th | Tact 2012, Sunnyvale (United States), Series D | AI based customer engagement software for life science industries | $88M | 57/100 |
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Tact's Investments and acquisitions
Tact has made no investments or acquisitions yet.
Reports related to Tact
Here is the latest report on Tact's sector:
News related to Tact
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Aktana acquires field engagement technology and conversational AI from Tact.aiBusiness Wire•Nov 02, 2023•Aktana, Tact
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Aktana adopts AI technology for field contact and conversations from Tact.aiBusiness Wire•Nov 02, 2023•Aktana, Tact
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Life Sciences and Healthcare Industry Leaders Invest in Tact.ai to Deliver Next Generation Customer EngagementPR Newswire•Sep 21, 2021•Tact, Novartis, Lilly Ventures, McKesson Ventures and 2 others
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Salesforce appoints Arun Parameswaran as MD for sales and distribution in IndiaLivemint•Mar 22, 2021•Salesforce, VMware, Tact
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Tact.ai Named a Sample Vendor in Gartner’s Hype Cycle for Life Sciences Commercial Operations, 2020MarTech Series•Nov 18, 2020•Tact
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