About Tul
Tul is a company based in Bogota (Colombia) founded in 2020 by Juan Carlos Narvaez, Nicolas Villegas, and Enrique Villamarin Lafaurie.. Tul has raised $205.27 million across 4 funding rounds from investors including SoftBank, Bancolombia and SoftBank Group. Tul operates in a competitive market with competitors including Construmart, Ace Cutting, Toolhires, Coventry Timber and Dermot Casey, among others.
- Headquarter Bogota, Colombia
- Founders Juan Carlos Narvaez, Nicolas Villegas, Enrique Villamarin Lafaurie
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Sectors
Real Estate & Construction
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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
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Net Profit
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EBITDA
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Total Equity Funding
$205.27 M (USD)
in 4 rounds
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Latest Funding Round
$7.7 M (USD), Debt – Conventional
Nov 17, 2022
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Investors
SoftBank
& 13 more
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Employee Count
Employee Count
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Funding Insights of Tul
Tul has successfully raised a total of $205.27M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $7.7 million completed in November 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $7.7M
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First Round
First Round
(08 Sep 2020)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Debt – Conventional - Tul | Valuation |
investors |
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| Jan, 2022 | Amount | Series B - Tul | Valuation | 8VC | |
| Feb, 2021 | Amount | Series A - Tul | 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 Tul
Tul has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include SoftBank, Bancolombia and SoftBank Group. 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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Venture capital firm investing in technology, life sciences, and related sectors.
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Founded Year | Domain | Location | |
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Growth equity investments are made by the private equity firm.
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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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 Tul
| 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 - Tul
| 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 |
Tul Comparisons
Competitors of Tul
Tul 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 Construmart, Ace Cutting, Toolhires, Coventry Timber and Dermot Casey, 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 |
B2B products including tools and ventilation are distributed electronically.
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| domain | founded_year | HQ Location |
Sells concrete cutting tools masonry equipment for business industrial projects.
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| domain | founded_year | HQ Location |
Online directory for UK tool hire companies, manufacturers, and suppliers.
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| domain | founded_year | HQ Location |
Sells timber products, tools, and landscaping materials for construction and gardening needs.
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| domain | founded_year | HQ Location |
Provides sales and hire of gardening, construction, and DIY tools.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Tul
When was Tul founded?
Tul was founded in 2020.
Where is Tul located?
Tul is headquartered in Bogota, Colombia. It is registered at Bogota, Bogota, Colombia.
Is Tul a funded company?
Tul is a funded company, having raised a total of $205.27M across 4 funding rounds to date. The company's 1st funding round was a Series A of $20.27M, raised on Sep 08, 2020.
What does Tul do?
Tul was founded in 2020 in Bogota, Colombia, as an online platform in the construction supplies sector. Products including building supplies, tools, and home improvement items are offered to professionals and businesses. Operations encompass a broad product selection, reliable delivery services, flexible payment methods, and a mobile app for ordering. The platform serves users primarily in the Colombian market.
Who are the top competitors of Tul?
Tul's top competitors include Construmart, Ace Cutting and Toolhires.
Who are Tul's investors?
Tul has 14 investors. Key investors include SoftBank, Bancolombia, SoftBank Group, Lightrock, and 8VC.