About Tul
Tul is a Real Estate & Construction company based in Bogota (Colombia) founded in 2020 by Juan Carlos Narvaez, Nicolas Villegas, and Enrique Villamarin Lafaurie. Online platform offering construction materials, hardware, and tools for professionals and businesses. Tul has raised $205.27 million across 4 funding rounds from investors including SoftBank, Bancolombia and SoftBank Group. Its focus areas include Real Estate and Construction Tech, Construction Tech, Marketplaces and Tools.
Company details
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.
- Total Equity Funding$205.27M (USD)
in 4 rounds
- Latest Funding Round$7.7M (USD), Debt – Conventional
Nov 2022
- InvestorsSoftBank
& 13 more
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 $205.27M
- Total Rounds 4
- Last Round Debt – Conventional — $7.7M
- First Round $4M
(Sep 2020)
- Investors Count 14
All 4 funding rounds of Tul with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2022 | $7.7M | Debt – Conventional | – | – | |
| Jan 2022 | $181M | Series B | – | 8VC | |
| Feb 2021 | $20.27M | Series A | – | – | – |
| Sep 2020 | $4M | Seed | – | Vine Capital Management | – |
14 investors in total: 14 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in technology, life sciences, and related sectors. | 8vc.com | |||
Growth equity investments are made by the private equity firm. | avenirgrowth.com | New York, United States | ||
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Investments are directed toward growth-stage companies generating scalable impact. | 2009 | lightrock.com | London, United Kingdom | |
Investments are made in AEC and construction technology globally. | foundamental.com | |||
Provider of an investment platform for various stages | coatue.com | New York, United States | ||
Sectors like ad tech, food tech, logistics, services are targeted. | monashees.com | Sao Paulo, Brazil | ||
Endeavor is focused on supporting high-impact entrepreneurs globally. | endeavor.org | New York, United States | ||
Venture capital investments are directed toward early-stage technology companies. | vineventures.com | New York, United States | ||
Bancolombia is recognized as a leading banking institution in Colombia. | 1945 | bancolombia.com | Medellin, Colombia |
Investor details for Tul
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Tul
3 people are tracked at Tul (3 in leadership).
| Name | Role | Group |
|---|---|---|
Juan Carlos Narvaez | Co-Founder | Leadership |
Nicolas Villegas | Co-Founder | Leadership |
Enrique Villamarin Lafaurie | Co-Founder | Leadership |
Complete people profiles for Tul
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Board tenure
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Timeline of Tul
3 dated milestones of Tul across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Tul is founded.
- Funding First funding round of $4.0M.
- Funding Latest funding round, Debt – Conventional, of $7.7M.
Web traffic of Tul
The website of Tul (tul.io) receives about 4.8K visits a month.
- Monthly visits4.8K
▲ 17.5% vs previous month
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Frequently Asked Questions about Tul
Tul was founded in 2020.
Tul is headquartered in Bogota, Colombia. It is registered at Bogota, Bogota, Colombia.
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 Seed of $4M, raised on Sep 2020.
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.
Tul has 14 investors. Key investors include SoftBank, Bancolombia, SoftBank Group, Lightrock, and 8VC.