What is Torii Labs?
Torii Labs offers an Automated SaaS Management Platform (SMP) designed for the complexities of modern distributed and decentralized business environments. The platform empowers organizations to centralize control over their cloud applications, ensuring seamless synchronization as their technology stacks evolve. By providing comprehensive visibility and control, Torii Labs helps businesses accelerate innovation, eliminate wasted software licenses, reduce manual operational overhead, and enhance data security by managing both known and Shadow IT applications.
How much funding has Torii Labs raised?
Torii Labs has raised a total of $63.5M across 3 funding rounds:
Angel/Seed
$3.5M
Series A
$10M
Series B
$50M
Angel/Seed (2019): $3.5M, investors not publicly disclosed
Series A (2021): $10M led by Uncork Capital, Entree Capital, Wing Companies, Scopus Ventures, and Global Founders Capital
Series B (2022): $50M supported by Tiger Global Management
Key Investors in Torii Labs
Tiger Global Management
Tiger Global Management is an investment firm deploying capital in both public and private markets. The company was founded in 2001 and is headquartered in New York City, New York.
Uncork Capital
Uncork Capital is a seed-stage venture firm that commits early to startups and remains involved to provide critical support. The firm focuses on assisting companies through the challenges of early growth, aiming to build lasting partnerships. They have backed numerous innovative companies, helping them thrive in various industries. Uncork Capital primarily serves budding entrepreneurs and businesses in the early stages of development.
Entree Capital
Entree Capital backs founders building ambitious technology and product businesses. It partners with teams from the earliest stages through scale up, combining capital with practical guidance and global networks to help companies refine their strategy, grow with discipline and aim for lasting impact.
What's next for Torii Labs?
With its recent major strategic investment, Torii Labs is poised for accelerated growth and further development of its SaaS management capabilities. The company's focus on streamlining cloud app management and optimizing license utilization positions it to capitalize on the increasing complexity of enterprise IT infrastructures. Future initiatives will likely involve expanding its platform features, enhancing its AI-driven automation, and broadening its market reach to support a larger base of distributed businesses seeking to gain control over their software assets and operational efficiency.
See full Torii Labs company page
