About Torqi
Torqi is a company based in Sao Paulo (Brazil) founded in 2022.. Torqi offers products and services including CT-e Advancement Platform. Torqi operates in a competitive market with competitors including Relay Payments, Bestpass, LogiPe, Numadic and Truck Khata, among others.
- Headquarter Sao Paulo, Brazil
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Sectors
Transportation, Automotive & Logistics
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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 Torqi S.A.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$12.45 M (USD), Debt – Conventional
Jul 05, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of Torqi
Torqi offers a comprehensive portfolio of products and services, including CT-e Advancement Platform. 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.
Platform for quick invoice financing tailored to transport companies.
Funding Insights of Torqi
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $12.5M
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First Round
First Round
(05 Jul 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Debt – Conventional - Torqi | Valuation |
investors |
| 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 Torqi
Torqi has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Galapagos Capital. 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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Offers wealth management, asset management, investment banking, and insurance services internationally.
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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 Torqi
| 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 - Torqi
| 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 |
Torqi Comparisons
Competitors of Torqi
Torqi 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 Relay Payments, Bestpass, LogiPe, Numadic and Truck Khata, 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 |
Payment solutions for logistics industries are provided online.
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| domain | founded_year | HQ Location |
Web-based solutions for toll payments and management are provided.
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| domain | founded_year | HQ Location |
Payment and operations solutions for fleet management are provided.
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| domain | founded_year | HQ Location |
GPS and web-based fleet trackers and sensors are provided.
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| domain | founded_year | HQ Location |
Bookkeeping software for truck owners and agents is managed.
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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 Torqi
Frequently Asked Questions about Torqi
When was Torqi founded?
Torqi was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Torqi located?
Torqi is headquartered in Sao Paulo, Brazil.
What does Torqi do?
Torqi was founded in 2022 in Sao Paulo, Brazil, as a provider of payment solutions tailored to the transportation sector. Freight financials and payments are managed through a platform where carriers upload details and select CT-e options. Amounts are disbursed to users upon completion of freight contracts, supporting operations in the Brazilian logistics industry.
Who are the top competitors of Torqi?
Torqi's top competitors include Relay Payments, Bestpass and Truck Khata.
What products or services does Torqi offer?
Torqi offers CT-e Advancement Platform.
Who are Torqi's investors?
Torqi has 1 investor. Key investors include Galapagos Capital.