# Togai

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

- Industry: Software
- Headquarters: Wilmington, US
- Website: www.togai.com
- Total disclosed funding: $3.1M
- Latest round: Seed (Jun 3, 2023)
- Investors on record: 3

## About

Founded in 2022 by Abhishek Rajagopal, Aravind Sriraman, and Tholkappiyan Velavan, and based in Delaware, US, Togai Inc. operates as a financial technology company that offers a metering and pricing platform that enables businesses to business companies (B2B) to plan and automate their pricing models. In April 2024, Zuora, Inc., a portfolio company of Benchmark, Index Ventures, Redpoint Ventures, Silver Lake, Northgate Capital, Shasta Ventures, Greylock Partners, Tenaya Capital, Vulcan, Next World Capital, PremjiInvest, and Wellington Management agreed to acquire Togai Inc., from Boldcap Ventures, CORE91 VC and Together. Financial terms were not disclosed. The transaction is expected to be completed at the end of May 2024. subject to customary approvals and closing conditions.

The company provides a usage metering and pricing implementation platform that allows businesses to track, measure, and make data-driven pricing decisions for their products. The platform integrates with a company's existing stack, which includes CPQ, CRM, billing, usage analytics, and revenue recognition systems, to streamline the pricing process from generating a sales quote to tracking customer usage, generating an invoice, processing payment, and reporting.

The acquisition will enable Zuora, Inc., to bring developers and financial teams to launch, iterate, and adjust usage-based models.

## Funding rounds

- Seed, Jun 3, 2023, $3.1M — BoldCap Ventures, CORE91 VC, Together

## Investors

- BoldCap Ventures (https://capitalatlas.ai/funds/boldcap-ventures) — Seed
- CORE91 VC (https://capitalatlas.ai/funds/core91-vc) — Seed
- Together (https://capitalatlas.ai/funds/together) — Seed