What is Tempo?
Tempo is dedicated to enhancing global team productivity by developing sophisticated yet user-friendly tools for time, resource, and cost management. The company's mission is to enable individuals and teams to achieve their full potential by providing the most effective and effortless solutions for optimizing workflow and operational efficiency. Its platform aims to be an indispensable asset for organizations seeking to streamline operations and boost overall output.
How much funding has Tempo raised?
Tempo has raised a total of $37.5M across 2 funding rounds:
Series B
$20M
Series A
$17.5M
Series B (2018): $20M, investors not publicly disclosed
Series A (2020): $17.5M led by Bling Capital, DCM Ventures, Khosla Ventures, and Founders Fund
Key Investors in Tempo
DCM Ventures
DCM Ventures is a venture capital firm that invests in early-stage technology companies. Their focus areas often include enterprise software, consumer internet, and digital media, aiming to support founders with disruptive ideas.
Khosla Ventures
Khosla Ventures is a prominent venture capital firm known for investing in transformative technologies across various sectors, including enterprise, AI, and fintech. They provide strategic guidance and capital to help innovative companies scale.
Founders Fund
Founders Fund is a venture capital firm that backs companies tackling significant challenges and building valuable businesses. They are known for their founder-friendly approach and have invested in many high-profile technology companies.
What's next for Tempo?
With a substantial enterprise-level funding round, Tempo is strategically positioned for accelerated growth and market penetration. The recent strategic investment signals strong investor confidence in the company's vision and execution capabilities. This capital will likely be deployed to enhance its product suite, expand its engineering and sales teams, and potentially explore new market segments. Tempo's focus on empowering productive teams through advanced management tools suggests a trajectory towards becoming a leader in the enterprise productivity software landscape.
See full Tempo company page