Tempoe - About the company
Tempoe is a funded company based in Manchester (United States), founded in 2009. It operates as a Lease to own. Tempoe has raised an undisclosed amount in funding. The company has 267 active competitors, including 70 funded and 51 that have exited. Its top competitors include companies like PayPal, Square and Klarna.
Company Details
TEMPOE provides lease to own, and other finance products for retailers for appliances, furniture and electronics. Customer will make their first payment at the time of the sale and the remaining payments for the 5 month minimum term are scheduled. Once the 5 months is up customers will have 3 options: Purchase the items, continue making payments or return the merchandise to TEMPOE. Early purchase options at 30, 60 and 90 days are available to customers. TEMPOE charges retailers a discount fee on the cash price of the lease items.
- Website
- tempoe.com
- Social
- Registered Address
- 7755 MONTGOMERY ROAD SUITE 400, CINCINNATI, OH 45236
Key Metrics
Founded Year
2009
Location
Manchester, United States
Stage
Funding Raised
Latest Funding Round
Ranked
186th among 267 active competitors
Employee Count
65 as on Jul 01, 2024
Investment & Acquisitions
Legal entities associated with Tempoe
Tempoe is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TEMPOE, LLC CIN: 519577 , United States, Active | Mar 21, 2016 | - | - | - |
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Tempoe's funding and investors
Tempoe has raised funding over 1 round.
Here is the list of recent funding rounds of Tempoe:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 04, 2017 | 6537448 | Venture Debt | 8937127 | 2691177 | 1671967 | 1108860 |
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Tempoe's founders and board of directors
Founder? Claim ProfileTempoe's employee count trend
Tempoe has 65 employees as of Jul 24. Here is Tempoe's employee count trend over the years:
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Tempoe's Competitors and alternates
Top competitors of Tempoe include PayPal, Square and Klarna. Here is the list of Top 10 competitors of Tempoe, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  PayPal 1998, United States, Public | Provider of online payment solutions, money transfers, and virtual wallets | $216M | 87/100 | |
2nd | Square 2009, San Francisco (United States), Public | Provider of integrated point of sale and business management solutions | $520M | 85/100 | |
3rd | Developer of an online platform for point-of-sale financing | $4.19B | 85/100 | ||
4th | Tabby 2019, Riyadh (Saudi Arabia), Series E | Provider of purchase financing solutions for businesses | $604M | 83/100 | |
5th | Provider of an online platform for point of sale financing | $324M | 79/100 | ||
6th | App-based lending platform for purchase financing | $281M | 78/100 | ||
7th | Sunbit 2016, Los Angeles (United States), Series D | Online platform for point of sale financing | $159M | 78/100 | |
8th | Provider of buy now, pay later services with flexible options | $35.4M | 77/100 | ||
9th |  Sezzle 2016, Minneapolis (United States), Acquired | Online platform for point of sale financing | $17.5M | 77/100 | |
10th | Provider of an online platform for point-of-sale financing | - | 76/100 | ||
186th | Tempoe 2009, Manchester (United States), Funding Raised | Lease to own | - | - | 25/100 |
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Tempoe's Investments and acquisitions
Tempoe has acquired SmartPay Lease. Tempoe has not made any investments as of now.Reports related to Tempoe
Here is the latest report on Tempoe's sector:
News related to Tempoe
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Ellison reaches $35M settlement with company accused of 'preying' on low-income MinnesotansBringMeTheNews•Sep 13, 2023•Tempoe
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S.F. startup CEO on selling half his company: 'Sometimes you just have to use the F-word' (Video)The Business Journals•Sep 30, 2015•BetterFinance, Tempoe, SmartPay Lease
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