About Tugboat Logic
Tugboat Logic is a company based in Burlingame (United States) founded in 2017 by Ingrum Putz and Ray Kruck was acquired by OneTrust in September 2021.. Tugboat Logic has raised $12.7 million across 2 funding rounds from investors including OneTrust, Inovia Capital and WestWave Capital. Tugboat Logic offers products and services including Security Assurance Platform. Tugboat Logic operates in a competitive market with competitors including SilverSky, Netwrix, Systancia, Apptega and Carbide, among others.
- Headquarter Burlingame, United States
- Founders Ingrum Putz, Ray Kruck
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Sectors
Technology
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Phone
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Website
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Social
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Products & Services of Tugboat Logic
Tugboat Logic offers a comprehensive portfolio of products and services, including Security Assurance 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.
Cloud-based tool for managing enterprise risk and compliance.
Funding Insights of Tugboat Logic
Tugboat Logic has successfully raised a total of $12.7M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $9 million completed in June 2020. 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 2
- Last Round Series B — $9.0M
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First Round
First Round
(12 Jul 2019)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Series B - Tugboat Logic | Valuation | Inovia Capital | |
| Jul, 2019 | Amount | Series A - Tugboat Logic | Valuation |
investors |
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| 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 Tugboat Logic
Tugboat Logic has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include OneTrust, Inovia Capital and WestWave 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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Investments are made in early-stage technology companies by Inovia Capital.
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Founded Year | Domain | Location | |
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Early-stage enterprise startups are funded by WestWave Capital.
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Tom Noonan |
Angel investor and tech entrepreneur, co-founder of Internet Security Systems.
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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 Tugboat Logic
| 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 - Tugboat Logic
| 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 |
Tugboat Logic Comparisons
Competitors of Tugboat Logic
Tugboat Logic 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 SilverSky, Netwrix, Systancia, Apptega and Carbide, 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 |
Cloud security and compliance solution company
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| domain | founded_year | HQ Location |
User & entity behavior analytics based security & compliance visibility platform for a hybrid cloud IT
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| domain | founded_year | HQ Location |
Desktop virtualization and healthcare solutions are provided by Systancia.
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| domain | founded_year | HQ Location |
A cybersecurity compliance platform for enterprises is offered.
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| domain | founded_year | HQ Location |
Cloud-based compliance management is delivered to enterprises for security practices.
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| domain | founded_year | HQ Location |
Cyber risk advisory and compliance solutions are provided globally.
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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 Tugboat Logic
Frequently Asked Questions about Tugboat Logic
When was Tugboat Logic founded?
Tugboat Logic was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Tugboat Logic located?
Tugboat Logic is headquartered in Burlingame, United States. It is registered at Burlingame, California, United States.
Who is the current CEO of Tugboat Logic?
Ray Kruck is the current CEO of Tugboat Logic. They have also founded this company.
Is Tugboat Logic a funded company?
Tugboat Logic is a funded company, having raised a total of $12.7M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.7M, raised on Jul 12, 2019.
What does Tugboat Logic do?
Cloud compliance solution provider for information security and RFP management system. Uses a patented, AI controlled tracking and reporting platform for RFP, RFI, and due diligence questionnaire and audit responses along with compliance, privacy regulations, employee awareness training, and a project management system using its tools Tugboat Logic Policy Deck and Tools Deck. The customized solution module comes with an annual subscription standard, pro, and enterprise.
Who are the top competitors of Tugboat Logic?
What products or services does Tugboat Logic offer?
Tugboat Logic offers Security Assurance Platform.
Who are Tugboat Logic's investors?
Tugboat Logic has 5 investors. Key investors include OneTrust, Inovia Capital, WestWave Capital, Tom Noonan, and Terry Dolce.