Torpago Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Private

  • Employees
  • 25

Employees

  • Latest Deal Type
  • Series B

  • Latest Deal Amount
  • $10M

  • Investors
  • 9

Torpago General Information

Description

Developer of a corporate card and expense management platform designed to serve employees. The company's platform provides businesses with corporate cards equipped with spend management software and offers virtual cards with expense automation services, enabling enterprises to simplify corporate expenses and manage corporate spending efficiently.

Contact Information

Website
www.torpago.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 401 East 3rd Avenue
  • San Mateo, CA 94401
  • United States
+1 (650)
Primary Industry
Financial Software
Other Industries
Other Financial Services
Other Consumer Durables
Vertical(s)
SaaS, FinTech
Corporate Office
  • 401 East 3rd Avenue
  • San Mateo, CA 94401
  • United States
+1 (650)

Torpago Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Torpago Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC (Series B) 06-Jun-2024 $10M Completed Generating Revenue
5. Early Stage VC (Series A) 08-Mar-2023 Completed Generating Revenue
4. Debt - General 09-Aug-2022 Completed Generating Revenue
3. Seed Round 25-Oct-2021 Completed Generating Revenue
2. Seed Round 12-Mar-2020 $218K $3.22M Completed Generating Revenue
1. Debt - General 01-Jan-2019 $3M $3M Completed Generating Revenue
To view Torpago’s complete valuation and funding history, request access »

Torpago Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B
Series A-1
Series A
Seed-2 2,330,860 $0.000010 $0.75 $0.75 1x $0.75 6.1%
Seed-1 1,852,036 $0.000010 $0.25 $0.25 1x $0.25 4.85%
To view Torpago’s complete cap table history, request access »

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Torpago Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a corporate card and expense management platform designed to serve employees. The company's platform provid
Financial Software
San Mateo, CA
25 As of 2025

New York, NY
 

Portland, OR
 
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Torpago Competitors (3)

One of Torpago’s 3 competitors is Ramp Business, a Venture Capital-Backed company based in New York, NY.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Ramp Business Venture Capital-Backed New York, NY
Expensify Formerly VC-backed Portland, OR
Brex Venture Capital-Backed Salt Lake City, UT
You’re viewing 3 of 3 competitors. Get the full list »

Torpago Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Torpago Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
EJF Capital Asset Manager Minority
Priority Technology Holdings Holding Company Minority
Assurant Ventures Corporate Venture Capital Minority
BankTech Ventures Venture Capital Minority
First Northwest Holding Company Minority
You’re viewing 5 of 9 investors. Get the full list »

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Torpago FAQs

  • When was Torpago founded?

    Torpago was founded in 2019.

  • Where is Torpago headquartered?

    Torpago is headquartered in San Mateo, CA.

  • What is the size of Torpago?

    Torpago has 25 total employees.

  • What industry is Torpago in?

    Torpago’s primary industry is Financial Software.

  • Is Torpago a private or public company?

    Torpago is a Private company.

  • What is the current valuation of Torpago?

    The current valuation of Torpago is .

  • What is Torpago’s current revenue?

    The current revenue for Torpago is .

  • How much funding has Torpago raised over time?

    Torpago has raised $96.2M.

  • Who are Torpago’s investors?

    EJF Capital, Priority Technology Holdings, Assurant Ventures, BankTech Ventures, and First Northwest are 5 of 9 investors who have invested in Torpago.

  • Who are Torpago’s competitors?

    Ramp Business, Expensify, and Brex are competitors of Torpago.

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