Torii Labs

SoftwareSeries BRa'anana, Israeltoriihq.com

Latest round

Series B

Last raised

Feb 2022

Total raised

$65M

Investors

7

About Torii Labs

Based in Israel, Torii Labs Ltd.Founded in 2017 in Ra'anana, Israel, Torii Labs Ltd. specializes in SaaS management solutions. The company was co-founded by Tal Bereznitskey, Uri Haramati, and Uri Nativ.Torii offers a comprehensive SaaS Management Platform (SMP) designed to streamline the management of software applications within organizations. The platform enables IT professionals to discover, analyze, and govern their SaaS applications through advanced AI-driven discovery and mapping capabilities. By identifying shadow IT and providing insights into application usage, Torii empowers organizations to optimize their software expenses, eliminate redundant applications, and enhance compliance with governance standards. The company's product suite includes tools for license monitoring, budget tracking, and automating IT tasks, which aim to simplify workflows and reduce administrative burdens.Torii generates revenue primarily through a subscription-based model, offering tiered pricing plans that cater to different organizational needs. Clients typically engage with the platform on an annual basis, with options for monthly billing based on the selected service tier. The flagship product, the SaaS Management Platform, provides essential functionalities such as app discovery, cost tracking, and compliance management, which are critical for organizations managing multiple SaaS applications. Specific pricing structures are aligned with the range of features included in each plan, allowing clients to choose a level of service that best fits their operational requirements.In February 2022, Torii Labs Ltd.S. and develop its engineering groups in Israel. The company aims to expand integration with other applications and enhance usage scenarios within customer organizations.

Who invested in Torii Labs

7 investors across 4 rounds

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Funding rounds

  1. Series B

    Feb 2, 2022

    Amount

    $50M

    Investors

    Locked

  2. Series A

    Feb 18, 2021

    Amount

    $10M

    Investors

    Locked

  3. Seed

    May 21, 2019

    Amount

    $3.5M

    Investors

    Locked

  4. Seed

    Apr 1, 2017

    Amount

    $1.5M

    Investors

    Locked

Questions about Torii Labs

Who invested in Torii Labs?

Torii Labs has 7 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Torii Labs raised?

Torii Labs has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Torii Labs last raise money?

Torii Labs's most recent round on record is a Series B, in Feb 2022.

What does Torii Labs do?

Based in Israel, Torii Labs Ltd.

Where is Torii Labs headquartered?

Torii Labs is headquartered in Ra'anana, Israel.

Which VCs invest in companies like Torii Labs?

Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Torii Labs's stage. Their profiles are linked below.

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