About Tignis
Tignis is a company based in Seattle (United States) founded in 2017 by Mark Huang, Jon Herlocker, and Matt McLaughlin was acquired by Cohu in December 2024.. Tignis has raised $16.06 million across 5 funding rounds from investors including Cohu, DN Capital and Clear Ventures. The company has 13 employees as of December 31, 2021. Tignis offers products and services including PAICe MAKER and PAICe MONITOR. Tignis operates in a competitive market with competitors including Cognite, ToffeeX, Productive Machines, MetAI Yujian Intelligent Technology and Decisyon, among others.
- Headquarter Seattle, United States
- Employees 13 as on 31 Dec, 2021
- Founders Mark Huang, Jon Herlocker, Matt McLaughlin
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Sectors
TechnologyIndustrial Goods & Manufacturing
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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 Tignis, Inc.
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Products & Services of Tignis
Tignis offers a comprehensive portfolio of products and services, including PAICe MAKER and PAICe MONITOR. 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.
Tool for creating AI models to optimize semiconductor processes.
Software for real-time oversight of semiconductor operations and efficiency.
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Funding Insights of Tignis
Tignis has successfully raised a total of $16.06M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $7.2 million completed in May 2022. 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 5
- Last Round Series A — $7.2M
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First Round
First Round
(29 Aug 2017)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2022 | Amount | Series A - Tignis | Valuation | DN Capital | |
| Aug, 2021 | Amount | Series A - Tignis | Valuation | BMNT |
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| May, 2019 | Amount | Series A - Tignis | 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 |
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Investors in Tignis
Tignis has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Cohu, DN Capital and Clear Ventures. 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 firm focused on software, fintech, marketplaces, and consumer internet
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Tech focused early stage VC firm investing in the US, Europe, Asia
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Venture capital firm investing in multiple sectors
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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 Tignis
| 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 - Tignis
| 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 |
Tignis Comparisons
Competitors of Tignis
Tignis 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 Cognite, ToffeeX, Productive Machines, MetAI Yujian Intelligent Technology and Decisyon, 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 software for production data analysis and collaboration is provided.
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Physics-driven generative design software is developed for engineering optimization.
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| domain | founded_year | HQ Location |
Machining toolpaths are optimized through specialized software.
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| domain | founded_year | HQ Location |
Provider of AI and digital twin based manufacturing operations management solutions
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| domain | founded_year | HQ Location |
A platform for corporate performance management is provided.
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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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Latest news on Tignis
Frequently Asked Questions about Tignis
When was Tignis founded?
Tignis was founded in 2017.
Where is Tignis located?
Tignis is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Who is the current CEO of Tignis?
Jon Herlocker is the current CEO of Tignis. They have also founded this company.
Is Tignis a funded company?
Tignis is a funded company, having raised a total of $16.06M across 5 funding rounds to date. The company's 1st funding round was a Series A of $4.65M, raised on Aug 29, 2017.
How many employees does Tignis have?
As of Dec 31, 2021, the latest employee count at Tignis is 13.
What does Tignis do?
Provider of AI-powered process control solutions. It provides AI-powered process control solutions to enable manufacturers, producers, and operators to continually improve products and processes. It provides services such as intelligent monitoring decision support, real-time performance insights, augmented intelligence for connected operations, and machine learning solutions as a service.
Who are the top competitors of Tignis?
Tignis's top competitors include Cognite, Productive Machines and ToffeeX.
What products or services does Tignis offer?
Tignis offers PAICe MAKER and PAICe MONITOR.
Who are Tignis's investors?
Tignis has 7 investors. Key investors include Cohu, DN Capital, Clear Ventures, Paul Maritz, and Harel Kodesh.
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