# Faktus

**Source:** https://www.startuphub.ai/startups/faktus
**Profile type:** Startup

> Neobank for construction SMEs providing AI-powered financing solutions.

## About

Faktus is Europe's first neobank built specifically for construction SMEs. It offers an AI-powered platform that evaluates invoices, contracts, and schedules to provide project-specific financing, aiming to solve cash flow challenges in the construction industry. The platform includes business accounts, invoice financing, material advances, and retention bonds.

## Key facts

- **Slug:** faktus
- **Website:** https://www.faktus.eu
- **Location:** Paris, France
- **Founded:** 2022-06-01
- **Operating status:** Active
- **Total funding:** $60M
- **Sectors / tags:** Fintech, Specialized Finance, Financial Software, Construction Tech, B2B SaaS, Invoice Financing, Cash Flow Management, SME Lending

## Frequently asked

### What does Faktus do?

Faktus is Europe's first neobank built specifically for construction SMEs. It offers an AI-powered platform that evaluates invoices, contracts, and schedules to provide project-specific financing, aiming to solve cash flow challenges in the construction industry. The platform includes business accounts, invoice financing, material advances, and retention bonds.

### What is Faktus's revenue?

StartupHub estimates Faktus's annual revenue at $6.7M (range $929K to $31.5M, 29% confidence), based on comparable companies in the sector.

### What is Faktus's valuation?

StartupHub estimates Faktus's effective valuation at $221.7M (range $149.8M to $359.5M, 21% confidence), based on comparable companies in the sector.

### How much funding has Faktus raised?

Faktus has raised a total of $60M in funding. The most recent round on record is Seed.

### Where is Faktus headquartered?

Faktus is headquartered in Paris, France.

### When was Faktus founded?

Faktus was founded in 2022.

### What industry does Faktus operate in?

Faktus operates in Fintech, Specialized Finance, Financial Software, Construction Tech, B2B SaaS, Invoice Financing.

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