About Tego
Tego is a company based in Waltham (United States) founded in 2007 by Suhail Ahmad and Timothy Butler. It operates as a SaaS (Software-as-a-Service), and B2B2C. Tego has raised $33.01 million across 8 funding rounds from investors including Bainco International Investors. Tego offers products and services including Tego Platform, Flyable Parts Solution, Sterile Supply Chain Solution, and Asset Management Solution. Tego operates in a competitive market with competitors including Kontakt, Zebra, UnaBiz, Advantech and Lantronix, among others.
- Headquarter Waltham, United States
- Founders Suhail Ahmad, Timothy Butler
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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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- Legal Name Tego Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$33.01 M (USD)
in 8 rounds
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Latest Funding Round
$2.98 M (USD), Series B
Feb 03, 2025
- Investors
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Employee Count
Employee Count
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Products & Services of Tego
Tego offers a comprehensive portfolio of products and services, including Tego Platform, Flyable Parts Solution, Sterile Supply Chain Solution, and Asset Management Solution. 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.
Asset tracking and data management platform is provided.
Automated identification for airplane parts is enabled here.
Sterilization-proof RFID for healthcare supply chains is offered.
Field service visibility for asset management is provided.
Funding Insights of Tego
Tego has successfully raised a total of $33.01M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $2.98 million completed in February 2025. 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 8
- Last Round Series B — $3.0M
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First Round
First Round
(31 Oct 2007)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2025 | Amount | Series B - Tego | Valuation |
investors |
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| Jul, 2019 | Amount | Series B - Tego | Valuation |
investors |
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| Nov, 2015 | Amount | Series A - Tego | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Tego
Tego has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Bainco International Investors. 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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Financial advisory services are provided to international clients.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 Tego
| 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 - Tego
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Tego Comparisons
Competitors of Tego
Tego 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 Kontakt, Zebra, UnaBiz, Advantech and Lantronix, 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 |
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| domain | founded_year | HQ Location |
AI-based location and sensor data insights are provided for businesses.
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Zebra Technologies is recognized for providing intelligent operation solutions globally.
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IoT product design, manufacturing, and data platform services are provided.
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Network equipment, automation, and embedded computing solutions are provided.
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Provider of end to end IoT components
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| domain | founded_year | HQ Location |
AI and cloud-enabled embedded software is provided for connected systems.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 Tego
Frequently Asked Questions about Tego
When was Tego founded?
Tego was founded in 2007.
Where is Tego located?
Tego is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
Who is the current CEO of Tego?
Timothy Butler is the current CEO of Tego. They have also founded this company.
Is Tego a funded company?
Tego is a funded company, having raised a total of $33.01M across 8 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Oct 31, 2007.
What does Tego do?
Tego is engaged in providing smart connected solutions for asset tracking and data management through an integrated hardware-software platform. The company operates at the intersection of RFID technology and Industrial Internet of Things (IIoT), targeting industries such as aerospace, life sciences, energy, and healthcare. Solutions are designed to offer edge-to-enterprise visibility, digitization, and control, enhancing efficiencies and productivity. Tegos platform includes high-memory RFID chips, tags, and SaaS offerings, ensuring rugged data handling in extreme environments. Total traceability and real-time analytics are provided across supply chains and asset lifecycles.
What products or services does Tego offer?
Tego offers Tego Platform, Flyable Parts Solution, Sterile Supply Chain Solution, and Asset Management Solution.
Who are Tego's investors?
Tego has 1 investor. Key investors include Bainco International Investors.
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