Tesorio - About the company
Tesorio is a series B company based in San Francisco (United States), founded in 2015 by Fabio Fleitas, Carlos Vega and Carlos R Vega. It operates as a Provider of AI-powered platform for finance operations and accounts receivable. Tesorio has raised $35.5M in funding from investors like Y Combinator, Madrona and BAMCAP. The company has 1761 active competitors, including 132 funded and 94 that have exited. Its top competitors include companies like SumUp, Nomba and Billtrust.
Company Details
Provider of AI-powered platform for finance operations and accounts receivable. The platform offers features such as collections automation, cash application, and payment portals. It also provides integrations with ERP, CRM, and billing systems. The platform aims to streamline accounts receivable processes and improve cash flow visibility.
- Website
- www.tesorio.com/
- Email ID
- *****@tesorio.com
- Registered Address
- Burlingame, California
Key Metrics
Founded Year
2015
Location
San Francisco, United States
Stage
Series B
Total Funding
$35.5M in 4 rounds
Latest Funding Round
Investors
Ranked
30th among 1761 active competitors
Employee Count
44 as on May 31, 2026
Legal entities associated with Tesorio
Tesorio is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TESORIO, INC CIN: 474165270 , United States, Active | Dec 31, 2012 | - | 29 (As on Dec 31, 2024) | - |
TESORIO, INC. CIN: 32093935206 , United States, Active | Feb 28, 2024 | - | - | - |
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Tesorio's funding and investors
Tesorio has raised a total funding of $35.5M over 4 rounds. Its first funding round was on Aug 18, 2015. Its latest funding round was a Series B round on Jun 06, 2022 for $*****. 12 investors participated in its latest round. Tesorio has 23 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of Tesorio:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 06, 2022 | 4608885 | Series B | 5546100 | 7395539 | 4735102 | 5020278 |
Sep 05, 2019 | 5434571 | Series A | 6342013 | 7942290 | 5355670 | |
Apr 23, 2018 | 6531733 | Seed | 6768521 | 3638351 | 5083242 | 4529556 |
View details of Tesorio's funding rounds and investors
Tesorio's founders and board of directors
Founder? Claim ProfileThe founders of Tesorio are Fabio Fleitas, Carlos Vega and Carlos R Vega. Carlos Vega and Carlos R Vega are the CEOs of Tesorio.
Here are the details of Tesorio's key team members:
- Fabio Fleitas: Co-Founder / CTO of Tesorio. They serve on the board of 1 company.
- Carlos Vega: Co-Founder & CEO of Tesorio. Contact Info: 1 email address
- Carlos R Vega: Co-Founder & CEO of Tesorio. Contact Info: 1 email address
Tesorio's Board of Directors
Tesorio's board has 3 active members. Fabio Fleitas, Hope Cochran and Carlos R. Vega are independent board members.Here is the list of Tesorio's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 6y 8m | |
vhykvif | Independent board member | - | Current | 1y 5m |
fzcffsa | Independent board member | - | Current | 9y 4m |
View details of Tesorio's Founder profiles and Board Members
Tesorio's employee count trend
Tesorio has 44 employees as of May 26. Here is Tesorio's employee count trend over the years:
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Tesorio's Competitors and alternates
Top competitors of Tesorio include SumUp, Nomba and Billtrust. Here is the list of Top 10 competitors of Tesorio, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SumUp 2012, Wilmington (United States), Series E | Provider of card readers and point of sale payment systems | $997M | 81/100 | |
2nd | App-based payment acceptance solutions for SMBs | $42.7M | 75/100 | ||
3rd | Billtrust 2001, Hamilton Township (United States), Acquired | Invoice and payment management solutions for small businesses | $105M | 69/100 | |
4th | Outgo 2016, Seattle (United States), Acquired | Accounting and invoice management software | $18.4M | 64/100 | |
5th | DadeSystems 2011, Miami (United States), Acquired | Account receivable payment automation solution. | $11M | 64/100 | |
6th | Xifin 1997, San Diego (United States), Acquired | Cloud-based billing & revenue cycle management solutions for diagnostic service providers | $6M | 63/100 | |
7th | Provider of platform automating proposals, billing, payments, and client agreements | $75.4M | 63/100 | ||
8th | Zenskar 2022, New York City (United States), Series A | Provider of AI-native order-to-cash platform for flexible billing and revenue | $21.5M | 62/100 | |
9th | Cerillion Technologies 1999, London (United Kingdom), Public | Provider of composable BSS/OSS software solutions for telecom operators | $9M | 62/100 | |
10th | Klarity 2017, San Francisco (United States), Series B | Account receivables and billing management platform | $90M | 62/100 | |
30th | Tesorio 2015, San Francisco (United States), Series B | Provider of AI-powered platform for finance operations and accounts receivable | $35.5M | 55/100 |
Looking for more details on Tesorio's competitors? Click here to see the top ones
Tesorio's Investments and acquisitions
Tesorio has made no investments or acquisitions yet.
Reports related to Tesorio
Here is the latest report on Tesorio's sector:
News related to Tesorio
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Tesorio Unveils AR Invoicing Automation for Quickbooks OnlineGlobal Fintech Series•Aug 16, 2024•Tesorio
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Accounts receivable management platform Tesorio snags $17m Series BVCJ•Jul 05, 2022•Tesorio, BAMCAP, Madrona, First Round Capital and 7 others
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Sinc Raises US$250k in Pre-Seed FundingFinSMEs•Aug 28, 2019•SINC, Dubai Angel Investors, Credijusto, Point72 Ventures and 34 others
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Tesorio Launches AI-Driven Cash Flow Performance Platform for Finance Teams; Closes $10M Series AVCA Online•Aug 27, 2019•Tesorio, Madrona, First Round Capital, Floodgate and 3 others
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