ACTO Technologies closes $11.5 million Series A round

1 minute read
27 August 2020

On August 27, 2020, ACTO Technologies Inc., the omnichannel education and engagement platform for life sciences, announced the closing of a $11.5 million Series A round led by Resolve Growth Partners, a Baltimore-based growth equity firm focused on software entrepreneurs. The round also included strategic funding from new investor Salesforce Ventures, as well as follow-on investment from existing investor Panache Ventures.

ACTO is a category-defining technology that uses AI-powered mobile experiences to educate and engage key stakeholders in the life sciences ecosystem, while giving senior commercial and clinical leaders real-time business insights.

Gowling WLG advised ACTO with respect to this financing with a team that included Todd Bissett and Andrew Griffin (corporate), assisted by student-at-law Lee Sykes and law clerk Kelly Charbonneau.

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