# Tongo 2020

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tongo-2020

- Industry: Financial Services
- Headquarters: Brooklyn, US
- Website: www.gettongo.com
- Total disclosed funding: $7M
- Latest round: Seed (Sep 22, 2022)
- Investors on record: 8

## About

Based in New York, US, and founded in 2021, Tongo 2020, Inc. d.b.a. Tongo operates as a provider of a financial service platform for commission-paid, licensed, residential real estate agents to invest in their businesses. In September 2022, Tongo, Inc. raised USD 7 million in seed funding led by new investor MetaProp. As of September 2022, Brandon Wright is the CEO of the company.

The company provides a financial platform, which works like a debit card where real estate professionals can invest the amount credited by the Tango in their business. The platform allows users to create an account, once confirming the transactions under contract, Tongo opens up to USD 10,000 of commissions, and real estate professionals can pay down the balance of the Tongo smart card once receive a commission.

Tango plans to use its proceeds from September 2022 funding to grow its business product.

## Funding rounds

- Seed, Sep 22, 2022, $7M — Entrepreneurs Roundtable Accelerator, MetaProp, LAB Ventures, Elizabeth Street Ventures, Good Friends, New Valley Ventures, Launchpad Capital, Red Bike Capital

## Investors

- Entrepreneurs Roundtable Accelerator (https://capitalatlas.ai/funds/entrepreneurs-roundtable-accelerator) — Seed
- MetaProp (https://capitalatlas.ai/funds/metaprop) — Seed
- LAB Ventures (https://capitalatlas.ai/funds/lab-ventures) — Seed
- Elizabeth Street Ventures (https://capitalatlas.ai/funds/elizabeth-street-ventures) — Seed
- Good Friends — Seed
- New Valley Ventures — Seed
- Launchpad Capital (https://capitalatlas.ai/funds/launchpad-capital) — Seed
- Red Bike Capital (https://capitalatlas.ai/funds/red-bike-capital) — Seed