# Tegus

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

- Industry: Information Services
- Headquarters: Chicago, US
- Website: www.tegus.co
- Total disclosed funding: $201M
- Latest round: Series B (Sep 27, 2022)
- Investors on record: 3

## About

Founded in 2017 by Michael Elnick and Thomas Elnick and based in Illinois, US, Tegus, Inc. provides a market intelligence platform for buy-side investors. In October 2021, the company signed an agreement to acquire BamSEC, a platform that makes it easy to access and work with SEC filings and earnings transcripts. In November 2021, Tegus, Inc. raised USD 90 million in series B funding co-led by new investors Oberndorf Ventures and Willoughby Capital Holdings. As of November 2021, the company has 300 employees.

The company develops a platform which conducts research and collects data to produce comprehensive primary information and qualitative data points enabling clients, investment firms, corporations, and consultancies to make decisions. The Tegus database is a smart-searchable platform of peer-led expert call transcripts by investors for investors. Tegus also offers white glove service to connect customers with experts. The platform also provides investment ideas with perspectives from former executives, competitors, customers, partners etc.

The company generates revenue by connecting buy-side investors with custom-sourced experts and by offering unlimited expert calls at the expert's cost and a USD 75 transcription fee. 

Tegus, Inc. plans to use the funding to continue its rapid expansion, broaden its data offering, and accelerate the development of its product suite. The company also plans to hire more than 400 new employees in 2022.

## Funding rounds

- Series B, Sep 27, 2022, $111M — Positive Sum
- Series B, Nov 10, 2021, $91M — Willoughby Capital, Oberndorf Ventures

## Investors

- Willoughby Capital — Series B
- Oberndorf Ventures (https://capitalatlas.ai/funds/oberndorf-ventures) — Series B
- Positive Sum (https://capitalatlas.ai/funds/positive-sum) — Series B