About Tealbook
Tealbook is a company based in Boston (United States) founded in 2014 was acquired by supplier.io in April 2026.. 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. Tealbook operates in a competitive market with competitors including Tipalti, Sage Group, Coupa, MineralTree and Airbase, among others.
- Headquarter Boston, United States
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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
$78 M (USD)
in 6 rounds
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Latest Funding Round
$50 M (USD), Series B
Dec 14, 2021
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Investors
SVB
& 15 more
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Employee Count
Employee Count
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Acquired by
supplier.io
(Apr 03, 2026)
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Products & Services of Tealbook
Tealbook offers a comprehensive portfolio of products and services, including Teal iQ, Aime, and Supplier Data Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
Unlock access to complete
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 Total Funding
- Total Rounds 6
- Last Round Series B — $50.0M
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First Round
First Round
(08 May 2017)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Debt – Conventional - Tealbook | Valuation |
investors |
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| Dec, 2021 | Amount | Series B - Tealbook | Valuation | Ten Coves Capital | |
| Jan, 2021 | Amount | Series A - Tealbook | Valuation | RTP Global |
| 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 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. 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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Fintech startups are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Early-stage venture capital fund investing in seed-stage B2B SaaS companies in emerging regions
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Founded Year | Domain | Location | |
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Reciprocal Ventures is focused on investing in crypto founders.
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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 Tealbook
| 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 - Tealbook
| 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 |
Tealbook Comparisons
Competitors of Tealbook
Tealbook 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 Tipalti, Sage Group, Coupa, MineralTree and Airbase, 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 |
Cloud-based procurement and invoice management solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based end-to-end spend management software is delivered for businesses.
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| domain | founded_year | HQ Location |
Cloud-based accounts payable automation is delivered for businesses.
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| domain | founded_year | HQ Location |
Procure-to-pay management software is offered for business operations.
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| domain | founded_year | HQ Location |
Corporate cards and expense management are offered to businesses.
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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 Tealbook
Frequently Asked Questions about Tealbook
When was Tealbook founded?
Tealbook was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Tealbook located?
Tealbook is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Tealbook a funded company?
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 Series A of $18M, raised on May 08, 2017.
What does Tealbook do?
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.
Who are the top competitors of Tealbook?
Tealbook's top competitors include Coupa, Sage Group and Airbase.
What products or services does Tealbook offer?
Tealbook offers Teal iQ, Aime, and Supplier Data Platform.
Who are Tealbook's investors?
Tealbook has 16 investors. Key investors include SVB, S&P Global, Canadian Imperial Bank of Commerce, RBC Royal Bank, and supplier.io.