Tongo - About the company
Tongo is a seed company based in Brooklyn (United States), founded in 2016 by Brandon Wright and Luis Scull Baptista. It operates as an Income commission calculation tools for real estate agents. Tongo has raised $12.6M in funding from investors like Entrepreneurs Roundtable Accelerator, PropTechVC and MetaProp NYC. The company has 353 active competitors, including 26 funded and 25 that have exited. Its top competitors include companies like Wayflyer, Backflip and PLACE.
Company Details
Income commission calculation tools for real estate agents. It helps agents to get access to payment wallets as commissions for their deals. It provides agents with access to commission income analytics. It also offers a smart card for professionals in the commission economy.
- Website
- www.gettongo.com/
- Email ID
- *****@gettongo.com
Key Metrics
Founded Year
2016
Location
Brooklyn, United States
Stage
Seed
Total Funding
$12.6M in 4 rounds
Latest Funding Round
Investors
Ranked
7th among 353 active competitors
Employee Count
30 as on Sep 30, 2026
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Tongo's funding and investors
Tongo has raised a total funding of $12.6M over 4 rounds. Its first funding round was on May 16, 2016. Its latest funding round was a Seed round on Sep 22, 2022 for $*****. 9 investors participated in its latest round. Tongo has 13 institutional investors.
Here is the list of recent funding rounds of Tongo:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 22, 2022 | 2025368 | Seed | 7585073 | 4243739 | 5921525 | 6787581 |
Jul 10, 2017 | 8321411 | Seed | 8172643 | 2989575 | 7736042 | 6467947 |
Jan 09, 2017 | 1331649 | Seed | 6182726 | 6780795 | 8620802 |
View details of Tongo's funding rounds and investors
Tongo's founders and board of directors
Founder? Claim ProfileThe founders of Tongo are Brandon Wright and Luis Scull Baptista. Brandon Wright is the CEO of Tongo.
Here are the details of Tongo's key team members:
- Brandon Wright: Co-Founder & CEO of Tongo and founder of 1 other company.
- Luis Scull Baptista: Co-Founder of Tongo. Contact Info: 1 email address
View details of Tongo's Founder profiles and Board Members
Tongo's employee count trend
Tongo has 30 employees as of Sep 26. Here is Tongo's employee count trend over the years:
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Tongo's Competitors and alternates
Top competitors of Tongo include Wayflyer, Backflip and PLACE. Here is the list of Top 10 competitors of Tongo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of working capital financing for businesses through data analysis | $236M | 79/100 | ||
2nd | Backflip 2019, San Francisco (United States), Series A | Provider of a financial technology platform focused on empowering real estate entrepreneurs | $33M | 60/100 | |
3rd | PLACE 2019, Bellingham (United States), Series A | Provider of real estate software and services for industry professionals | $100M | 60/100 | |
4th | Libertas Funding 2016, Greenwich (United States), Funding Raised | Provider of short-term, revenue-based financing to small and medium-sized businesses | - | 54/100 | |
5th | Equator 1990, Los Angeles (United States), Acquired | Provider of SaaS-enabled analytics solutions for residential properties | $40M | 50/100 | |
6th | ShelterZoom 2017, New York City (United States), Series A | Provider of a decentralized real estate platform for buying and selling real estate properties | $30M | - | 50/100 |
7th | Tongo 2016, Brooklyn (United States), Seed | Income commission calculation tools for real estate agents | $12.6M | 50/100 | |
8th | Trustate 2020, New York City (United States), Seed | Cloud based estate planning software provider | $1.8M | 48/100 | |
9th | Swift Capital 2006, Wilmington (United States), Public | Provides merchant cash advance | $98.8M | 47/100 | |
10th | BatchLeads 2020, United States, Acquired | SaaS-driven diversified software for real estate agents | - | - | 46/100 |
Looking for more details on Tongo's competitors? Click here to see the top ones
Tongo's Investments and acquisitions
Tongo has made no investments or acquisitions yet.
Reports related to Tongo
Here is the latest report on Tongo's sector:
News related to Tongo
•
Loft47, Upfront ease credit access with LiquidInman•Jan 30, 2025•Loft, Upfront Healthcare, Tongo, RLTY
•
Tongo Partners with april to Help 1099 Real Estate Professionals with Tax PaymentsBusiness Wire•Jan 29, 2025•April, Tongo
•
Tongo Experiences Continued Momentum in 2024, Grows Real Estate Agent Customer Base by 179%Business Wire•Jan 22, 2025•Tongo
•
Tongo Launches New Financial Benefits Platform to Help Real Estate Agents Achieve Financial Stability and GrowthBusiness Wire•Sep 17, 2024•Tongo
•
Tongo raises $7M seed funding for agent commission advance cardsFinLedger•Sep 29, 2022•Tongo, MetaProp, NEW VALLEY, launchpad_net and 8 others
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