About TONGAL
TONGAL is a company based in Los Angeles (United States) founded in 2008.. TONGAL has raised $23.35 million across 8 funding rounds from investors including Insight Partners and Bulger Partners. TONGAL operates in a competitive market with competitors including Upwork, Fiverr, Iziwork, Freelancer and Behance, among others.
- Headquarter Los Angeles, United States
-
Sectors
TechnologyMedia & Entertainment
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Tongal, Inc.
-
Annual Revenue
$00as on Jul 06, 2017
-
Net Profit
-
EBITDA
-
Total Equity Funding
$23.35 M (USD)
in 8 rounds
-
Latest Funding Round
$2 M (USD), Series C
Jul 06, 2017
-
Investors
Insight Partners
& 1 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Funding Insights of TONGAL
TONGAL has successfully raised a total of $23.35M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $2 million completed in July 2017. 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 C — $2.0M
-
First Round
First Round
(01 Jun 2008)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2017 | Amount | Series C - TONGAL | Valuation |
investors |
|
| Apr, 2016 | Amount | Series C - TONGAL | Valuation |
investors |
|
| Oct, 2014 | Amount | Series C - TONGAL | Valuation | Insight Partners |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in TONGAL
TONGAL has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Insight Partners and Bulger Partners. 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 |
|---|---|---|---|---|
|
Investment firm scaling software and technology companies from early to late stages.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by TONGAL
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - TONGAL
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tongal Comparisons
Competitors of TONGAL
TONGAL 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 Upwork, Fiverr, Iziwork, Freelancer and Behance, 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 |
Businesses are connected with freelancers via an online marketplace.
|
|
| domain | founded_year | HQ Location |
Freelance services are facilitated via an online multi-industry marketplace.
|
|
| domain | founded_year | HQ Location |
Freelancers are matched with employers via an online job platform.
|
|
| domain | founded_year | HQ Location |
An online marketplace is operated for freelancers in various industries.
|
|
| domain | founded_year | HQ Location |
Media professionals are connected via an online platform.
|
|
| domain | founded_year | HQ Location |
Freelance marketplace operated to connect experts with company projects.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Tongal
Frequently Asked Questions about TONGAL
When was TONGAL founded?
TONGAL was founded in 2008.
Where is TONGAL located?
TONGAL is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is TONGAL a funded company?
TONGAL is a funded company, having raised a total of $23.35M across 8 funding rounds to date. The company's 1st funding round was a Series C of $5M, raised on Jun 01, 2008.
What does TONGAL do?
TONGAL was founded in 2008 and is headquartered in Los Angeles, United States. An online platform is provided for branded and original video content, where brands are enabled to produce content and connect with audiences to increase engagement. Creators are supported in building communities and interacting with members. Operations focus on the digital media sector, facilitating content creation and collaboration.
Who are the top competitors of TONGAL?
TONGAL's top competitors include Upwork, Fiverr and Freelancer.
Who are TONGAL's investors?
TONGAL has 2 investors. Key investors include Insight Partners, and Bulger Partners.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.