# TangoTab

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tangotab

- Industry: Internet
- Headquarters: Dallas, US
- Website: www.tangotab.com
- Total disclosed funding: $1.8M
- Latest round: Seed (May 7, 2012)
- Investors on record: 2

## About

TangoTab is a technology company that connects users with restaurants while enabling charitable donations. Its platform enhances dining experiences through rewards and community support initiatives, making it a unique player in the social impact space.Founded in 2012 and headquartered in Dallas, US, TangoTab, Inc. is dedicated to connecting consumers with local restaurants. The firm was co-founded by Andre Angel and Stefano Giolito. Since its inception, the company has received funding in two deals, including a SEED round in March 2015 where it raised USD 2.1 million, bringing its total funding to USD 2.1 million and valuing the company at USD 18.7 million.TangoTab primarily focuses on providing a platform that connects users with restaurants while promoting charitable giving. The company’s core product offering is a mobile application that allows users to discover local dining options and earn rewards for their purchases. This platform serves a dual purpose: it enhances user dining experiences by offering incentives while simultaneously supporting local charities through meal donations. Customers of TangoTab include restaurant owners who aim to increase foot traffic and customer loyalty, as well as consumers who seek to enjoy meals at various dining establishments across the U.S. and select international markets. The application caters to a socially conscious audience, encouraging users to participate in community support initiatives while enjoying their dining experiences.TangoTab generates revenue through a structured partnership model with participating restaurants, which typically involves a commission on transactions executed through the app. This model allows restaurant partners to gain exposure to a broader customer base, facilitating an increase in sales volume. Customers utilizing the app engage in transactions that may include dining reservations, meal purchases, and redemption of rewards. The revenue structure is supported by a straightforward pricing plan that can involve subscription fees for restaurants or a percentage of sales made through the platform. TangoTab’s flagship service revolves around promoting local dining experiences while ensuring that a portion of each transaction contributes to meal donations for those in need, solidifying its commitment to both the dining and charitable sectors.In the wake of its SEED funding round completed in March 2015, which raised USD 2.1 million, TangoTab is exploring new strategies for expansion and product development. The company aims to introduce enhanced features in its mobile application that will improve user engagement and streamline the dining experience. Plans for geographical expansion are also in place, targeting new markets within the U.S. and select international regions, with specific release timelines to be determined as the product development progresses. The recent funding will be utilized to support these initiatives, ensuring that TangoTab can effectively meet its growth objectives and strengthen its market presence.

## Funding rounds

- Seed, May 7, 2012, $1.8M — Green Park & Golf Ventures, North Texas Angels Network

## Investors

- Green Park & Golf Ventures (https://capitalatlas.ai/funds/green-park-golf-ventures) — Seed
- North Texas Angels Network — Seed