Taktile Raises $20 Million in Series A  

by Kay Aloha Villamor in November 22nd, 2022

Taktile, a Berlin and New York-based SaaS startup, announced that it closed $20 million in a Series A funding round co-led by Index Ventures and Tiger Global.

This funding will help the company further develop its unique product capabilities and accelerate its ongoing expansion in the United States.

“Today, too many businesses rely on automated decisions that they rarely revisit, which causes them to overlook critical risks, respond to market changes too late, and thus leave money on the table," said Maik Taro Wehmeyer, co-founder, and CEO of Taktile. “By allowing businesses to adjust their decision flows in a quick, easy, and data-driven way, we help them optimize decision accuracy, reduce risk, and significantly improve their margins. Combined with our off-the-shelf data integrations across the globe, this not only help

Over the past 12 months, Taktile has grown revenues by over 300% and currently powers more than 250,000 decisions every day. With offices in New York and Berlin, and a team around the world. 

Taktile works with financial services companies globally, including some of the most sophisticated FinTechs such as Branch, Moss, and Rhino.

Company: Taktile GmbH

Raised: $20.0M

Round: Series A

Funding Month: November 2022

Lead Investors: Index Ventures and Tiger Global

Additional Investors: 

Company Website: https://www.taktile.com/

Software Category: Interactive Decision Design Platform

About the Company: Founded in 2020, Taktile is a fast-growing Software as a Service (SaaS) company that is revolutionizing how businesses make automated decisions. Used for decisions like which customer to lend to, or what price to offer a new customer, the Taktile platform allows companies to easily build, run, and evaluate automated decision flows without requiring developers to write complex code. The platform helps companies bring products to market faster, act proactively in a constantly changing environment, and eliminate guesswork for their most relevant decisions. Taktile has broader applications that go beyond the financial industry, as its product can be used by any business that relies on complex and automated decisioning and wants to iterate on its decisions in a data-driven way.

Source: https://www.businesswire.com/news/home/20221122005060/en/

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