What is Tego?
Founded in 2005 and headquartered in Waltham, MA, Tego offers a robust platform designed for complete asset tracking, supply chain visibility, and lifecycle management. The company's unique selling proposition lies in its ability to provide edge intelligence, enabling operations even in disconnected and harsh environments. This capability is crucial for industries requiring real-time data and control over assets across complex logistical networks.
How much funding has Tego raised?
Tego has raised a total of $13.6M across 6 funding rounds:
Debt
$1.1M
Debt
$2.1M
Private Equity
$2.1M
Debt
$2.1M
Private Equity
$6M
Debt
$150K
Debt (2009): $1.1M, investors not publicly disclosed
Debt (2009): $2.1M, investors not publicly disclosed
Private Equity (2012): $2.1M, investors not publicly disclosed
Debt (2014): $2.1M, investors not publicly disclosed
Private Equity (2015): $6M, investors not publicly disclosed
Debt (2020): $150K with participation from PPP
What's next for Tego?
With the infusion of $150K in a major strategic investment, Tego is poised to further develop and deploy its advanced asset tracking and supply chain solutions. The company's history of securing various forms of capital, including private equity and debt financing, indicates a steady growth trajectory and a commitment to operational expansion. This latest funding is expected to accelerate product innovation, enhance market penetration, and solidify Tego's competitive advantage in providing resilient edge intelligence for enterprise asset management.
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