About Tongo
Tongo is a company based in Brooklyn (United States) founded in 2016 by Luis Scull Baptista and Brandon Wright. It operates as a FinTech and Commission-Based. Tongo has raised $12.56 million across 4 funding rounds from investors including NEW VALLEY, Good Friends and Launchpad. Tongo offers products and services including Financial Benefits Platform, Commission Advance, and Taxes. Tongo operates in a competitive market with competitors including Kyriba, HomeSpotter, MoxiWorks, Equator and Perchwell, among others.
- Headquarter Brooklyn, United States
- Founders Luis Scull Baptista, Brandon Wright
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Sectors
Real Estate & ConstructionFinancial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$12.56 M (USD)
in 4 rounds
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Latest Funding Round
$10.09 M (USD), Seed
Sep 22, 2022
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Investors
NEW VALLEY
& 8 more
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Employee Count
Not available
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Products & Services of Tongo
Tongo offers a comprehensive portfolio of products and services, including Financial Benefits Platform, Commission Advance, and Taxes.
Platform for commission payments and financial wellness tools.
Advance on commissions like a credit line option.
Tax filing service with flat rate and refunds.
People of Tongo
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Leadership Team
3 people
Co Team
1 people
Software Development Team
1 people
Product Management Team
1 people
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Funding Insights of Tongo
Tongo has successfully raised a total of $12.56M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $10.09 million completed in September 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.
Investors in Tongo
Tongo has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include NEW VALLEY, Good Friends and Launchpad.
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Investor details for Tongo
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Tongo
Investment portfolio details for Tongo
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Financial Statements - Tongo
Detailed financials for Tongo
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Tongo Comparisons
Peer comparison for Tongo
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Competitors of Tongo
Tongo 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 Kyriba, HomeSpotter, MoxiWorks, Equator and Perchwell, among others.
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Cloud-based treasury automation and risk management solutions are provided.
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Branded home search apps for real estate agents are developed.
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CRM and marketing solutions are provided for real estate agents.
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SaaS-enabled analytics solutions for residential properties are provided.
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SaaS-based provider of diversified real estate solutions
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Detailed competitors of Tongo
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Latest news on Tongo
Complete news archive for Tongo
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Frequently Asked Questions about Tongo
Tongo was founded in 2016.
Tongo is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Brandon Wright is the current CEO of Tongo. They have also founded this company.
Tongo is a funded company, having raised a total of $12.56M across 4 funding rounds to date.
Financial tools and services are offered by Tongo to support real estate agents. A platform for commission payments and wellness tools is provided. Commission advances are made available as a line of credit. Tax filing services are included to simplify processes. The focus is placed on stabilizing incomes and aiding business growth. Solutions are tailored for the commission-based economy in the real estate sector.
Tongo's top competitors include Kyriba, Perchwell and HomeSpotter.
Tongo offers Financial Benefits Platform, Commission Advance, and Taxes.
Tongo has 9 investors. Key investors include NEW VALLEY, Good Friends, Launchpad, Elizabeth Street, and Red Bike Capital.