How Much Did Torrey Commerce Raise?
Funding & Key Investors

Torrey Commerce has secured $284K in total capital, with its most recent funding round bringing in $134K through a major strategic investment. This significant backing underscores the company's established position in the market and its trajectory towards further expansion.

What is Torrey Commerce?

Torrey Commerce
SoftwareEnterprise Resource Planning (ERP)Supply Chain Management (SCM) Software

Torrey Commerce is a technology firm dedicated to enhancing profitability for retailers. Their core offering, iDM 3.0, is an innovative solution designed to streamline retail operations and significantly improve efficiency. By focusing on the specific needs of the retail sector, Torrey Commerce provides tools and services aimed at empowering businesses to achieve greater financial success and operational excellence.

How much funding has Torrey Commerce raised?

Torrey Commerce has raised a total of $284K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$134K

Debt (2020): $150K with participation from PPP

Debt (2021): $134K led by PPP

Key Investors in Torrey Commerce

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Torrey Commerce?

With the recent large-scale late-stage funding, Torrey Commerce is poised for accelerated growth and market penetration. This strategic investment will likely fuel further development of their iDM 3.0 platform, enhance sales and marketing initiatives, and potentially expand their service offerings to address evolving retail challenges. The company's focus on profitability suggests a strategy geared towards scaling operations and solidifying its market leadership.

See full Torrey Commerce company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Content & Collaboration SoftwareSoftware
Content & Collaboration SoftwareSoftware
Financial SoftwareSoftware
Enterprise Resource Planning (ERP)Software

Frequently Asked Questions Regarding Torrey Commerce Financial Insights

What are the most recent funding rounds that Torrey Commerce has completed, and what were the funding rounds?
Torrey Commerce has recently completed 2 funding rounds: Debt on Feb 20, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Torrey Commerce has raised to date?
Torrey Commerce has raised a total of $284K in funding to date.
How many funding rounds has Torrey Commerce completed?
Torrey Commerce has completed 2 funding rounds.
How much funding did Torrey Commerce raise in its most recent funding round?
Torrey Commerce raised $134K in its most recent funding round.
Who are the lead investors in Torrey Commerce's latest funding round?
The lead investor in Torrey Commerce's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Torrey Commerce's history?
The largest funding round in Torrey Commerce's history was $150K.
See more information about Torrey Commerce