About Tortoise
Tortoise is a company based in Bengaluru (India) founded in 2020 by Surya Harsha Nunnaguppala. It operates as a Product-as-a-Service. Tortoise has raised $2.7 million across 3 funding rounds from investors including Quona, Vertex Ventures SG and Ganesh Rengaswamy. The company has 1 employees as of March 23, 2024. Tortoise offers products and services including Device Benefit Program. Tortoise operates in a competitive market with competitors including Multipl and investu, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 23 Mar, 2024
- Founders Surya Harsha Nunnaguppala
- Stage Minicorn
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Sectors
TechnologyHealthcare
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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 Tortoise Systems Private Limited
- Date of Incorporation 01 Dec, 2020
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$269.23 K (USD)863146.66as on Mar 31, 2022
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Net Profit
$21.79 K (USD)179.69as on Mar 31, 2022
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EBITDA
$21.61 K (USD)178.94as on Mar 31, 2022
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Total Equity Funding
$2.7 M (USD)
in 3 rounds
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Latest Funding Round
$404.87 K (USD), Seed
Oct 04, 2022
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Investors
Quona
& 27 more
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Employee Count
1
as on Mar 23, 2024
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Products & Services of Tortoise
Tortoise offers a comprehensive portfolio of products and services, including Device Benefit Program.
Employee device savings program with minimal administrative effort.
People of Tortoise
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Funding Insights of Tortoise
Tortoise has successfully raised a total of $2.7M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $404.87 thousand completed in October 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 Tortoise
Tortoise has secured backing from 28 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Quona, Vertex Ventures SG and Ganesh Rengaswamy.
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Venture capital fund focused on multiple sectors
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Early-stage companies are invested in by Better Capital.
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Micro venture capital firm investing in cloud startups
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Investor details for Tortoise
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Investments & Acquisitions by Tortoise
Investment portfolio details for Tortoise
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Financial Statements - Tortoise
Detailed financials for Tortoise
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Tortoise Comparisons
Peer comparison for Tortoise
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Competitors of Tortoise
Tortoise 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 Multipl and investu, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Goal-based savings are enabled for individuals via auto-investments.
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An online platform for goal-based investment services for individuals.
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Detailed competitors of Tortoise
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Latest news on Tortoise
Complete news archive for Tortoise
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Frequently Asked Questions about Tortoise
Tortoise was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Tortoise is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Tortoise is a funded company, having raised a total of $2.7M across 3 funding rounds to date.
As of Mar 23, 2024, the latest employee count at Tortoise is 1.
Annual revenue of Tortoise is $269.23K as on Mar 31, 2022.
A comprehensive device benefit program is provided by Tortoise, targeting employers to enhance employee well-being. Savings on smart devices are facilitated for workforces with zero cost to companies. Seamless integration with payroll and HRMS systems is managed, requiring minimal effort from HR teams. Consumer-grade experiences are ensured for employees, alongside custom implementation tailored to organizational compliance standards. Device protection, including insurance for accidental damage and theft, is included in the service.
Tortoise offers Device Benefit Program.
Tortoise has 28 investors. Key investors include Quona, Vertex Ventures SG, Ganesh Rengaswamy, Vignesh Ramanujam, and Sriharsha Majety.
The valuation of Tortoise is $2.54M as of Sep 2022.