# Tomigo

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

- Industry: Internet
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.tomigo.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Nov 29, 2012)
- Investors on record: 1

## About

Tomigo is a technology firm that specializes in employee referral program solutions that enhance recruitment processes by utilizing the networks of existing employees to identify potential candidates.Founded in 2011 in Tel Aviv-Yafo, Israel, Tomigo offers innovative solutions aimed at optimizing recruitment through employee referrals. The company raised USD 0.5 million in Seed funding from Tel Aviv Angel Group on November 29, 2012. Tomigo has successfully completed a single funding round and raised a total of USD 0.5 million to date.Tomigo specializes in employee referral program solutions designed to optimize recruitment processes by leveraging existing employees' networks. The company's core offering facilitates the identification and engagement of potential candidates through incentivized referrals, thereby enhancing the quality of hires. This service is tailored to meet the needs of organizations seeking to streamline their hiring processes and reduce time-to-fill metrics. Tomigo serves a diverse client base, including mid-sized to large enterprises across various sectors such as technology, finance, and healthcare. Geographically, the company's products are utilized primarily in North America and Europe, where market demand for efficient recruiting solutions continues to grow.Revenue generation for Tomigo is primarily derived from subscription-based models, where clients pay for access to the software and associated services. Transactions typically involve annual or monthly subscriptions that grant organizations access to the platform's features, including referral tracking and analytics tools. Pricing structures may vary depending on the scale of the client’s operations and the specific features utilized, though flagship offerings are likely to include comprehensive onboarding and ongoing support services. The company maintains direct relationships with its clients to ensure effective implementation and user engagement, fostering long-term partnerships that enhance client retention and satisfaction. This model aligns with broader trends in the HR technology space, emphasizing the importance of innovative solutions in the talent acquisition landscape.With the recent USD 0.5 million Seed funding, Tomigo plans to enhance its product offerings by developing new features focused on improving user experience and analytics capabilities. The company is targeting expansion into the Asian market, aiming to establish a presence by the end of 2023, capitalizing on the growing demand for recruitment solutions in that region. The funding will support product development and market entry initiatives.

## Funding rounds

- Seed, Nov 29, 2012, $0.5M — Tel Aviv Angel Group

## Investors

- Tel Aviv Angel Group (https://capitalatlas.ai/funds/tel-aviv-angel-group) — Seed