The people
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Working at ACTO
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About
Parth Khanna, Kapil Kalra and Kumar Erramilli met as roommates at the University of Waterloo and started ACTO in 2014. The platform trains and certifies the field teams that promote drugs and devices, a job that is heavily regulated and traditionally run on classroom sessions and binders. Its Series A, announced in 2021, was raised at the height of the pandemic and backed by Salesforce Ventures; a $23.5-million CAD Series B followed as demand for remote life sciences education grew, with customers including AstraZeneca.
Backers
Salesforce Ventures led the Series A
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Quick answers
What does ACTO do?
It sells omnichannel education and engagement software to life sciences companies, used to train and certify the sales and field teams that promote drugs and medical devices.
Who founded ACTO?
Parth Khanna, Kapil Kalra and Kumar Erramilli in 2014. The three met as roommates at the University of Waterloo. Khanna is CEO.
How much has ACTO raised?
A US$11.5-million Series A backed by Salesforce Ventures, which took total funding to US$14.1 million, followed by a $23.5-million CAD Series B.