About Tengo
Tengo is a company based in Paris (France) founded in 2023 by Hugues Renou and Yoann Gauthier.. Tengo has raised $3.22 million across 1 funding round from investors including Point Nine. Tengo offers products and services including Tengo Platform and Analysis Tool. Tengo operates in a competitive market with competitors including Loopio, Responsive, Mtivity, Prosal and Catapult, among others.
- Headquarter Paris, France
- Founders Hugues Renou, Yoann Gauthier
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Tengo
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.22 M (USD)
in 1 rounds
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Latest Funding Round
$3.22 M (USD), Seed
Jun 25, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of Tengo
Tengo offers a comprehensive portfolio of products and services, including Tengo Platform and Analysis Tool. 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.
AI tool for detecting and analyzing public tenders efficiently.
Feature for instant review of tender documents and opportunities.
Funding Insights of Tengo
Tengo has successfully raised a total of $3.22M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.22 million completed in June 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 1
- Last Round Seed — $3.2M
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First Round
First Round
(25 Jun 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Seed - Tengo | Valuation | Point Nine |
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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 Tengo
Tengo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Point Nine. 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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Venture capital investments are directed toward marketplace and SaaS companies.
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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 Tengo
| 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 - Tengo
| 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 |
Tengo Comparisons
Competitors of Tengo
Tengo 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 Loopio, Responsive, Mtivity, Prosal and Catapult, 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 |
AI-powered RFP and contract management tools are offered for enterprises.
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| domain | founded_year | HQ Location |
AI-driven portfolios are adapted to global economic changes for users.
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| domain | founded_year | HQ Location |
Marketing supply chain processes are optimized via cloud-based SaaS workflows.
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| domain | founded_year | HQ Location |
RFP platform connections for vendor collaboration are facilitated.
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| domain | founded_year | HQ Location |
RFP management platform is offered to handle proposal requests efficiently.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Tengo
When was Tengo founded?
Tengo was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Tengo located?
Tengo is headquartered in Paris, France.
Is Tengo a funded company?
Tengo is a funded company, having raised a total of $3.22M across 1 funding round to date. The company's 1st funding round was a Seed of $3.22M, raised on Jun 25, 2024.
What does Tengo do?
Tengo was founded in 2023 in Paris, France, as a provider in the AI sector focused on procurement. Solutions for tender management are offered, including an AI-powered market intelligence software. This software is used for identifying, analyzing, and responding to public tenders. Operations are centered on supporting businesses in navigating procurement processes through data-driven insights.
Who are the top competitors of Tengo?
Tengo's top competitors include Loopio, Responsive and Mtivity.
What products or services does Tengo offer?
Tengo offers Tengo Platform and Analysis Tool.
Who are Tengo's investors?
Tengo has 1 investor. Key investors include Point Nine.