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Tango Card - About the company

Tango Card is an acquired company based in Seattle (United States), founded in 2009 by David Leeds. It operates as a Digital gift card reward program. Tango Card has raised $57M in funding from investors like Western Technology Investment, Floodgate and FTV Capital. The company has 179 active competitors, including 15 funded and 24 that have exited. Its top competitors include companies like Runa, Blackhawk Network and InComm.

Company Details

Tangocard is a digital gift card issuer which helps enterprises offer employees and customers gift cards as part of incentive and reward schemes. The opportunity is that enterprises that have traditionally tried to run gifting schemes in-house are starting to outsource services like these to third parties. It offers enterprises an API, which the business uses to enable rewards inside its own corporate platform. Rewards sent by Tango Card are used every day by businesses of all sizes to drive positive results in employee rewards programs, wellness programs, customer acquisition & loyalty programs, research incentives, and modern payment disbursements.
Social
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Email ID
*****@tangocard.com
Phone Number
+1 **********
Part Of
Registered Address
Seattle, Washington
Key Metrics
Founded Year
2009
Location
Seattle, United States
Stage
Acquired
Total Funding
$57M in 9 rounds
Latest Funding Round
Ranked
Employee Count
165 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Blackhawk Network (Jan 31, 2024)

Tango Card's acquisition details

Tango Card got acquired by Blackhawk Network on Jan 31, 2024. It was facilitated by Pillsbury.
Click here to take a look at Tango Card's acquisition in detail
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Tango Card's funding and investors

Tango Card has raised a total funding of $57M over 9 rounds. Its first funding round was on Nov 23, 2011. Its latest funding round was a Series C round on Feb 12, 2019 for $*****. 1 investor participated in its latest round. Tango Card has 8 institutional investors.

Here is the list of recent funding rounds of Tango Card:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 12, 2019
7483091
Series C
1840488
2477678
3625759
7130556
May 18, 2018
8931710
Series C
7219302
3844129
4852184
2052260
Jun 27, 2017
4634182
Conventional Debt
5036649
2823331
7586771
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Tango Card's founders and board of directors

Founder? Claim Profile
The founders of Tango Card is David Leeds. David Leeds is the CEO of Tango Card.
Here are the details of Tango Card's key team members:

Tango Card's employee count trend

Tango Card has 165 employees as of Mar 26. Here is Tango Card's employee count trend over the years:
Employee count trend for Tango Card
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Tango Card's Competitors and alternates

Top competitors of Tango Card include Runa, Blackhawk Network and InComm. Here is the list of Top 10 competitors of Tango Card, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Tango Card
Tango Card
2009, Seattle (United States), Acquired
Digital gift card reward program
$57M
65/100
2nd
Logo for Runa
Runa
2009, London (United Kingdom), Acquired
Digital infrastructure to pay and get paid for consumers and businesses
$65.1M
64/100
3rd
Logo for Blackhawk Network
Blackhawk Network
2001, Pleasanton (United States), Acquired
Provider of financial benefits prepaids cards for employees
$249K
62/100
4th
Logo for InComm
InComm
1992, Atlanta (United States), Late Stage
Prepaid products and payment service provider
-
61/100
5th
Logo for Squid
Squid
2020, Dublin (Ireland), Seed
Cloud-based digital loyalty card solutions provider
$1.83M
60/100
6th
Logo for Ackroo
Ackroo
2012, Ottawa (Canada), Acquired
Provider of customer engagement tools including gift card and loyalty programs
-
60/100
7th
Logo for Alyce
Alyce
2015, Boston (United States), Acquired
Artificial intelligence based platform for corporate gifting
$48.4M
57/100
8th
Logo for QwikCilver
QwikCilver
2008, Bengaluru (India), Acquired
Provider of gift card and store value card-based solutions for businesses
$25.1M
54/100
9th
Logo for CashStar
CashStar
2007, Portland (United States), Acquired
Digital Gifting & Incentives Company
$41M
52/100
10th
Logo for Hubble Money
Hubble Money
2021, Bengaluru (India), Seed
Provider of a no-code platform for launching rewards and gift card stores
$3.5M
51/100
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Tango Card's Investments and acquisitions

Tango Card has acquired GiftCertificates.com. Tango Card has not made any investments as of now.

News related to Tango Card

lockFilter this list
Media has covered Tango Card for 1 event in last 1 year, It was about people movement.
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FAQs about Tango Card

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