About Tile
Tile is a company based in San Mateo (United States) founded in 2012 by Mike Farley was acquired by Life360 in November 2021.. Tile has raised $104 million across 7 funding rounds from investors including Life360, Tencent and SVB. The company has 103 employees as of December 31, 2022. Tile operates in a competitive market with competitors including Pebblebee, Absolute Software, Morpho, TrackR and PoLTE Corporation, among others.
- Headquarter San Mateo, United States
- Employees 103 as on 31 Dec, 2022
- Founders Mike Farley
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Sectors
Industrial Goods & ManufacturingRetail
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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 Tile, Inc.
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Software Development Team
90 people
Sales and Marketing
20 people
Leadership Team
17 people
Finance and Accounting
15 people
Senior Team
15 people
Product Management Team
12 people
Data Analysis and Operations Team
8 people
Creative and Marketing Team
7 people
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Funding Insights of Tile
Tile has successfully raised a total of $104M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $40 million completed in September 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 7
- Last Round Debt – Conventional — $40.0M
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First Round
First Round
(01 Jun 2013)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Debt – Conventional - Tile | Valuation |
investors |
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| Jul, 2019 | Amount | Series C - Tile | Valuation | Francisco Partners | |
| May, 2017 | Amount | Series B - Tile | Valuation | Bessemer Venture Partners |
| 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 Tile
Tile has secured backing from 19 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Life360, Tencent and SVB. 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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Private debt investment firm focused on life science & technology sectors
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Founded Year | Domain | Location | |
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Private equity investment firm focused on technology sector
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Founded Year | Domain | Location | |
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Bryant Stibel is engaged in investment and partnership with entrepreneurial 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 Tile
| 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 - Tile
| 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 |
Tile Comparisons
Competitors of Tile
Tile 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 Pebblebee, Absolute Software, Morpho, TrackR and PoLTE Corporation, 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 |
Bluetooth-based rechargeable trackers for objects like keys are manufactured.
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| domain | founded_year | HQ Location |
Endpoint security and data risk management solutions are provided.
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| domain | founded_year | HQ Location |
Morpho is engaged in developing imaging AI and digital image processing technologies.
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| domain | founded_year | HQ Location |
Provider of object tracking systems
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| domain | founded_year | HQ Location |
Accurate device positioning is enabled globally via LTE networks.
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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 Tile
Frequently Asked Questions about Tile
When was Tile founded?
Tile was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Tile located?
Tile is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Is Tile a funded company?
Tile is a funded company, having raised a total of $104M across 7 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Jun 01, 2013.
How many employees does Tile have?
As of Dec 31, 2022, the latest employee count at Tile is 103.
What does Tile do?
Tile was founded in 2012 in San Mateo, United States, as an internet-first brand in the consumer technology sector. Bluetooth-enabled devices are offered to help locate items such as keys, bags, wallets, and electronics. These are paired with a mobile application available for Android and iOS users, enabling tracking through proximity alerts and community features. Operations focus on hardware and software integration for everyday asset management.
Who are the top competitors of Tile?
Tile's top competitors include Absolute Software, Pebblebee and TrackR.
Who are Tile's investors?
Tile has 19 investors. Key investors include Life360, Tencent, SVB, Bessemer Venture Partners, and Khosla Ventures.
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