Tongo (Financial Software) Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 30

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 16

Tongo (Financial Software) General Information

Description

Developer of an online financial services platform designed to provide commission workers with an easy way to access future commissions. The company's platform uses factoring to aid hosts in receiving payment for their upcoming reservations quickly and accessing cash as soon as it is confirmed, enabling clients to cover their everyday expenses and unexpected emergencies while in a contract.

Contact Information

Formerly Known As
Payfully
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 40 West, 25th Street, 9th Floor
  • New York, NY 10010
  • United States
+1 (929)
Primary Industry
Financial Software
Other Industries
Specialized Finance
Brokerage
Accounting, Audit and Tax Services (B2B)
Vertical(s)
Corporate Office
  • 40 West, 25th Street, 9th Floor
  • New York, NY 10010
  • United States
+1 (929)

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Tongo (Financial Software) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Later Stage VC 21-Sep-2026 Completed Generating Revenue
9. Seed Round 01-Feb-2024 Completed Generating Revenue
8. Accelerator/Incubator 11-Apr-2023 Completed Generating Revenue
7. Seed Round 22-Sep-2022 Completed Generating Revenue
6. Seed Round 05-Jan-2021 Completed Restart
5. Restart - Angel 01-Sep-2020 Completed Restart
4. Accelerator/Incubator 07-Jan-2019 Completed Generating Revenue
3. Seed Round 10-Jul-2017 Completed Startup
2. Accelerator/Incubator 09-Jan-2017 $100K $400K Completed Startup
1. Seed Round 16-May-2016 $300K $300K Completed Startup
To view Tongo (Financial Software)’s complete valuation and funding history, request access »

Tongo (Financial Software) Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Seed
To view Tongo (Financial Software)’s complete cap table history, request access »

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Opportunity Score

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Exit Type

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Tongo (Financial Software) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Tongo (Financial Software) Investors (16)

Investor Name Investor Type Holding Investor Since Participating Rounds
MS&AD Ventures Corporate Venture Capital Minority
OneSixOne Ventures Venture Capital Minority
RWT Horizons Corporate Venture Capital Minority
Second Century Ventures Venture Capital Minority
REACH Accelerator/Incubator
You’re viewing 5 of 16 investors. Get the full list »

Tongo (Financial Software) FAQs

  • When was Tongo (Financial Software) founded?

    Tongo (Financial Software) was founded in 2016.

  • Where is Tongo (Financial Software) headquartered?

    Tongo (Financial Software) is headquartered in New York, NY.

  • What is the size of Tongo (Financial Software)?

    Tongo (Financial Software) has 30 total employees.

  • What industry is Tongo (Financial Software) in?

    Tongo (Financial Software)’s primary industry is Financial Software.

  • Is Tongo (Financial Software) a private or public company?

    Tongo (Financial Software) is a Private company.

  • What is Tongo (Financial Software)’s current revenue?

    The current revenue for Tongo (Financial Software) is .

  • How much funding has Tongo (Financial Software) raised over time?

    Tongo (Financial Software) has raised $11.1M.

  • Who are Tongo (Financial Software)’s investors?

    MS&AD Ventures, OneSixOne Ventures, RWT Horizons, Second Century Ventures, and REACH are 5 of 16 investors who have invested in Tongo (Financial Software).

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