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.
- Website
- www.tangocard.com/
- Email ID
- *****@tangocard.com
- Phone Number
- +1 **********
- Registered Address
- Seattle, Washington
Key Metrics
Founded Year
2009
Location
Seattle, United States
Stage
Acquired
Total Funding
$57M in 9 rounds
Latest Funding Round
Investors
Ranked
1st among 179 active competitors
Employee Count
165 as on Mar 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Blackhawk Network (Jan 31, 2024)
Legal entities associated with Tango Card
Tango Card is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TANGO CARD INC CIN: 264169114 , United States, Active | Dec 26, 999 | - | 267 (As on Dec 31, 2023) | - |
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:
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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 |
View details of Tango Card's funding rounds and investors
Tango Card's founders and board of directors
Founder? Claim ProfileThe 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:
- David Leeds: Founder & CEO of Tango Card and founder of 1 other company.
View details of Tango Card's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Tango Card 2009, Seattle (United States), Acquired | Digital gift card reward program | $57M | 65/100 | |
2nd | Runa 2009, London (United Kingdom), Acquired | Digital infrastructure to pay and get paid for consumers and businesses | $65.1M | 64/100 | |
3rd | Blackhawk Network 2001, Pleasanton (United States), Acquired | Provider of financial benefits prepaids cards for employees | $249K | 62/100 | |
4th | InComm 1992, Atlanta (United States), Late Stage | Prepaid products and payment service provider | - | 61/100 | |
5th | Cloud-based digital loyalty card solutions provider | $1.83M | 60/100 | ||
6th | Provider of customer engagement tools including gift card and loyalty programs | - | 60/100 | ||
7th | Alyce 2015, Boston (United States), Acquired | Artificial intelligence based platform for corporate gifting | $48.4M | 57/100 | |
8th | QwikCilver 2008, Bengaluru (India), Acquired | Provider of gift card and store value card-based solutions for businesses | $25.1M | 54/100 | |
9th | CashStar 2007, Portland (United States), Acquired | Digital Gifting & Incentives Company | $41M | 52/100 | |
10th | Hubble Money 2021, Bengaluru (India), Seed | Provider of a no-code platform for launching rewards and gift card stores | $3.5M | 51/100 |
Looking for more details on Tango Card's competitors? Click here to see the top ones
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
Media has covered Tango Card for 1 event in last 1 year, It was about people movement.
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Tillo Appoints Jason Silverstein as Group Chief Operating OfficerFintech Finance•May 19, 2025•Tango Card, Tillo
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Payments And Gift Card Company Tango Hires Afterpay Vet As CfoThe Business Journals•Mar 30, 2023•Tango Card, Afterpay, Lending Club, DBS and 2 others
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Tango Card Launches Dramatically Expanded Global Catalog and CapabilitiesGlobal FinTech Series•Jan 18, 2023•Tango Card
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