About Tealbook
Tealbook is a Technology company based in Boston (United States) founded in 2014, and was acquired by supplier.io in April 2026. AI and web-enabled supplier intelligence is provided for information management. Tealbook has raised $78 million across 6 funding rounds from investors including SVB, S&P Global and Canadian Imperial Bank of Commerce. Tealbook offers products and services including Teal iQ, Aime, and Supplier Data Platform. Its focus areas include Enterprise Applications, SCM Software, Spend Management and Source To Pay. Its competitors include Tipalti, Sage Group and Coupa; 2 of its 3 listed competitors have raised funding.
Company details
Tealbook was founded in 2014 and is based in Boston, United States. Operations focus on the supplier information management sector through AI and web technologies. Supplier networks are evaluated, profiles are automatically updated, and data is scoured via web sources. Descriptions of suppliers, including practices, risks, and certifications, are generated. Clients such as Medidata Solutions and BioMarin are served.
- Headquarters Boston, United States
- Stage Acquired
- SectorsTechnology
- Website tealbook.com
- Social LinkedIn X Instagram YouTube
- Acquired by supplier.io (Apr 2026)
- Total Equity Funding$78M (USD)
in 6 rounds
- Latest Funding Round$50M (USD), Series B
Dec 2021
- InvestorsSVB
& 15 more
- Acquired bysupplier.io
(Apr 2026)
Products & Services of Tealbook
Tealbook offers a comprehensive portfolio of products and services, including Teal iQ, Aime, and Supplier Data Platform.
Platform for managing and maintaining vendor master data efficiently.
AI tool assisting in procurement tasks and decision-making processes.
System for collecting, enriching, and distributing supplier information.
Apps and channels of Tealbook
its YouTube channel TealBook has 193 subscribers and 30 videos.
Videos from Tealbook
The most watched videos on Tealbook's YouTube channel, TealBook (193 subscribers). Click a video to play it here.
More on TealBook.
Funding Insights of Tealbook
Tealbook has successfully raised a total of $78M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in December 2021. 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 $78M
- Total Rounds 6
- Last Round Series B — $50M
- First Round $5M
(May 2017)
- Investors Count 15
All 6 funding rounds of Tealbook with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2021 | Debt – Conventional | – | – | ||
| Dec 2021 | $50M | Series B | – | Ten Coves Capital | |
| Jan 2021 | $18M | Series A | – | RTP Global | |
| Jan 2021 | Debt – Conventional | – | – | ||
| Jan 2020 | $5M | Series A | – | Refinery | |
| May 2017 | $5M | Seed | – | BDC, MaRS Discovery District | – |
16 investors in total: 16 institutional.
Investors in Tealbook
Tealbook has secured backing from 16 investors, including institutional and venture fund investors. Prominent investors backing the company include SVB, S&P Global and Canadian Imperial Bank of Commerce.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Fintech startups are funded by this venture capital firm. | tencoves.com | Darien, United States | ||
Early-stage venture capital fund investing in seed-stage B2B SaaS companies in emerging regions | grandvcp.com | Grand Rapids, United States | ||
Reciprocal Ventures is focused on investing in crypto founders. | recvc.com | New York, United States | ||
Seed-stage investments are made in women-led technology companies. | standupvc.com | Toronto, Canada | ||
Venture capital investments are made in early-stage technology companies. | refinery.com | Cincinnati, United States | ||
Venture capital firm focused on early-stage technology companies | 2011 | rtp.vc | New York, United States | |
Early to growth-stage firms are invested in by Workday Ventures. | ventures.workday.com | San Francisco, United States | ||
Early-stage companies are invested in by this venture capital fund. | goodfriends.com | New York, United States | ||
MaRS Discovery District is focused on supporting startups and fostering innovation. | marsdd.com | Toronto, Canada | ||
Commercial banking services are provided to individuals and businesses. | 1867 | cibc.com | Toronto, Canada |
Investor details for Tealbook
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Tealbook
25 people are tracked at Tealbook (10 in leadership, 15 in team).
| Name | Role | Group |
|---|---|---|
Drew Beitman | VP, Engineering | Leadership |
Stephany Lapierre | CEO | Leadership |
Fahad Muhammad | VP, Marketing | Leadership |
Phil Garlick | COO | Leadership |
Asghar Maqsood | Sales Director, EMEA | Leadership |
Kendrew Lau | Director Of Finance | Leadership |
Cyndi Fields | Senior Director Customer Experience | Leadership |
Jimmy L. | Director Of Go To Market Strategy | Leadership |
Cam Lane | Business Development Director | Leadership |
James Hogg | Director Of Customer Support | Leadership |
Paul Stuker | Senior Technical Architect | Team |
Aarushi Verma | Senior Business Data Analyst | Team |
Manveer Patyal | Senior Data Engineer | Team |
Louis Standridge | Senior Manager, Data Analytics | Team |
Chukwuka Chukwuocha | Software Engineer | Team |
Lukas Cimermancic | Data Engineer | Team |
Max Mindlin | Lead Engineer | Team |
Alexandra Zhadan | Senior Customer Success Manager | Team |
Elizabeth Porter | Senior Software Engineer | Team |
Nayantara Prem | Engineering Team Lead | Team |
5 more people are available in the full profile.
Complete people profiles for Tealbook
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Tealbook
4 dated milestones of Tealbook across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Tealbook is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Series B, of $50.0M.
- Exit Acquired by supplier.io.
Competitors of Tealbook
Tealbook has 3 listed competitors in our database, 2 of them funded. They include Tipalti, Sage Group and Coupa.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tipalti.com | 2010 | Foster, United States | $553M | 360 | Cloud-based procurement and invoice management solutions are offered to businesses. | |
| sage.com | 1981 | United States | 1,877 | Cloud-based accounting and payroll solutions for small and medium businesses | ||
| coupa.com | 2006 | San Mateo, United States | $169M | 643 | Cloud-based end-to-end spend management software is delivered for businesses. |
Detailed competitors of Tealbook
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Tealbook
The website of Tealbook (tealbook.com) receives about 3.6K visits a month.
- Monthly visits3.6K
▼ 25% vs previous month
Websites whose visitors overlap most with Tealbook. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| suppliergateway.com | 100% | #366,020 | View details | ||
| sievo.com | 100% | 74.3K | #393,494 | View details |
Top companies in Finance & Accounting Applications
3 companies that operate in the same segment as Tealbook (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 |
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Related news about Tealbook
Complete news archive for Tealbook
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Frequently Asked Questions about Tealbook
Tealbook was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Tealbook is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Tealbook is a funded company, having raised a total of $78M across 6 funding rounds to date. The company's 1st funding round was a Seed of $5M, raised on May 2017.
Tealbook was founded in 2014 and is based in Boston, United States. Operations focus on the supplier information management sector through AI and web technologies. Supplier networks are evaluated, profiles are automatically updated, and data is scoured via web sources. Descriptions of suppliers, including practices, risks, and certifications, are generated. Clients such as Medidata Solutions and BioMarin are served.
Tealbook's top competitors include Coupa, Sage Group and Tipalti.
Tealbook offers Teal iQ, Aime, and Supplier Data Platform.
Tealbook has 16 investors. Key investors include SVB, S&P Global, Canadian Imperial Bank of Commerce, RBC Royal Bank, and supplier.io.
Yes. Tealbook was acquired by supplier.io in April 2026.