About Tandem
Tandem is a company based in Ann Arbor (United States) founded in 2020 by Michelle Dear.. Tandem has raised $3.7 million across 2 funding rounds from investors including Corazon and Birmingham Angels. Tandem operates in a competitive market with competitors including Tricount, Honeydue, Ivella, Monshare and Peas Technology, among others.
- Headquarter Ann Arbor, United States
- Founders Michelle Dear
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.7 M (USD)
in 2 rounds
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Latest Funding Round
$3.7 M (USD), Seed
Jan 01, 2024
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Investors
Corazon
& 1 more
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Employee Count
Employee Count
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Funding Insights of Tandem
Tandem has successfully raised a total of $3.7M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.7 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $3.7M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2024 | Amount | Seed - Tandem | Valuation | Corazon |
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| Jun, 2022 | Amount | Seed - Tandem | Valuation | Birmingham Angels |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Tandem
Tandem has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Corazon and Birmingham Angels. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Early-stage capital is provided by Birmingham Angels to startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tandem
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Tandem
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tandem Comparisons
Competitors of Tandem
Tandem operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tricount, Honeydue, Ivella, Monshare and Peas Technology, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Group expenses are tracked and settled through a mobile app.
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| domain | founded_year | HQ Location |
Expense management for couples is enabled via mobile app.
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| domain | founded_year | HQ Location |
App-based expense management platform for couples
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| domain | founded_year | HQ Location |
Provides expense management solutions designed for couples to track and organize finances.
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| domain | founded_year | HQ Location |
AI-powered joint banking solutions for couples are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tandem
Frequently Asked Questions about Tandem
When was Tandem founded?
Tandem was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Tandem located?
Tandem is headquartered in Ann Arbor, United States. It is registered at Ann Arbor, Michigan, United States.
Is Tandem a funded company?
Tandem is a funded company, having raised a total of $3.7M across 2 funding rounds to date.
What does Tandem do?
Tandem was founded in 2020 and is headquartered in Ann Arbor, United States. An online platform is operated by the company to allow couples to track and share expenses jointly. Core services include tools for splitting costs, managing shared finances, and organizing receipts in the personal finance sector. The focus remains on facilitating straightforward financial collaboration between partners without additional banking features.
Who are the top competitors of Tandem?
Who are Tandem's investors?
Tandem has 2 investors. Key investors include Corazon, and Birmingham Angels.