What is Tengrade?
Tengrade operates as a social rating tool, empowering businesses, particularly consumer brands, to gather market intelligence through proprietary "Tornado" survey and "Rate & Share" widgets. The platform also enables individual consumers to solicit opinions from their social networks on a wide array of topics, from consumer goods to pop culture and politics. Tengrade aims to establish itself as the world's definitive database for popularity ratings, tracking trends over time and providing insights into how public opinion shifts in response to events. The service offers granular views, allowing users to see not only global sentiment but also the opinions of their immediate social circles or specific demographic groups, thereby delivering more relevant and actionable data than broad market surveys.
How much funding has Tengrade raised?
Tengrade has raised a total of $570K across 1 funding round:
Unspecified
$570K
Unspecified (2013): $570K, investors not publicly disclosed
What's next for Tengrade?
The recent major strategic investment signals a pivotal moment for Tengrade, likely enabling the company to accelerate its product development, expand its market reach, and enhance its data analytics capabilities. This capital infusion is expected to fuel growth initiatives, potentially including further development of its unique popularity tracking mechanisms and the expansion of its user base across both consumer and enterprise segments. Tengrade's focus on becoming a central repository for opinion data positions it to capitalize on the increasing demand for real-time consumer insights and trend analysis in a data-driven economy.
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