Torii - About the company
Torii is an acquired company based in Ra anana (Israel), founded in 2017. It operates as a Platform to manage SaaS applications of an enterprise. Torii has raised $65M in funding from investors like Tiger Global Management, Wing Venture Capital and Uncork Capital. The company has 136 active competitors, including 30 funded and 20 that have exited. Its top competitors include companies like Zluri, Spendflo and Zylo.
Company Details
Torii provides a platform to manage all SaaS applications in a single place. The platform allows IT professionals to discover, optimize, reduce costs and control their organization SaaS usage and costs. It also gains visibility into all SaaS applications. The platform can be integrated with Slack, SalesForce, DropBox, Box, and WorkDay. Few of their customers include Payoneer, Similar Web, Monday, Houseparty, and PipeDrive.
- Website
- toriihq.com
- Email ID
- *****@toriihq.com
Key Metrics
Founded Year
2017
Location
Ra anana, Israel
Stage
Acquired
Total Funding
$65M in 4 rounds
Latest Funding Round
Investors
Ranked
9th among 136 active competitors
Employee Count
158 as on Sep 30, 2026
Exit Details
Acquired by Freshworks (Oct 12, 2026)
Legal entities associated with Torii
Torii is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
TORII SOFTWARE INC CIN: 371921758 , United States, Active | Dec 31, 1999 | - | 20 (As on Dec 31, 2024) | - |
Torii's acquisition details
Torii got acquired by Freshworks on Oct 12, 2026.
Click here to take a look at Torii's acquisition in detail
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Torii's funding and investors
Torii has raised a total funding of $65M over 4 rounds. Its latest funding round was a Series B round on Feb 02, 2022 for $*****. 6 investors participated in its latest round. Torii has 8 institutional investors.
Here is the list of recent funding rounds of Torii:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 02, 2022 | 5606925 | Series B | 6458572 | 6474558 | 7027065 | 2951849 |
Feb 18, 2021 | 8767245 | Series A | 9621141 | 9329189 | 6637644 | |
May 21, 2019 | 6512911 | Seed | 5543575 | 8088222 |
View details of Torii's funding rounds and investors
Torii's founders and board of directors
Founder? Claim ProfileTorii's employee count trend
Torii has 158 employees as of Sep 26. Here is Torii's employee count trend over the years:
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Torii's Competitors and alternates
Top competitors of Torii include Zluri, Spendflo and Zylo. Here is the list of Top 10 competitors of Torii, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Zluri 2020, San Francisco (United States), Acquired | Provider of SaaS management, access management, and access review solutions | $32.5M | 72/100 | |
2nd | Spendflo 2020, San Francisco (United States), Series A | AI-native procurement platform for managing SaaS and vendors | $15.4M | 70/100 | |
3rd | Zylo 2015, Indianapolis (United States), Series C | Platform offering SaaS applications management solutions | $72.5M | 69/100 | |
4th | Archera 2019, Bellevue (United States), Series B | Provider of cloud commitment lifecycle management platform and FinOps products | $41.9M | 64/100 | |
5th | Cloudeagle AI 2019, Palo Alto (United States), Seed | AI-powered SaaS management and governance platform | $500K | 63/100 | |
6th | Vendr 2018, Boston (United States), Acquired | Provider of software pricing data and negotiation insights for buyers | $216M | 63/100 | |
7th | FinQuery 2011, Atlanta (United States), Acquired | Cloud-based lease accounting and management software | $65.5M | 61/100 | |
8th | AI-powered platform designed for IT teams to manage software | $45.3M | 61/100 | ||
9th | Platform to manage SaaS applications of an enterprise | $65M | 61/100 | ||
10th | Cloud based software asset management software provider | $30M | 61/100 |
Looking for more details on Torii's competitors? Click here to see the top ones
Torii's Investments and acquisitions
Torii has made no investments or acquisitions yet.
Reports related to Torii
Here is the latest report on Torii's sector:
News related to Torii
Media has covered Torii for 1 event in last 1 year.
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Torii's Gartner Nod Signals a New Era: Governing AI's Rise in the Enterprisehttps://briefglance.com•Jun 23, 2026•Torii
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Torii Launches First-Ever Agentic SaaS Management Platform, Delivering AI-Driven Execution and OversightAiThority•Apr 30, 2025•Torii
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Torii Unveils 2025 SaaS Benchmark Report, Exposing the True Cost of Shadow AI & SaaS SprawlBusiness Wire•Feb 12, 2025•Torii
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Torii Named a Leader in First-Ever Gartner Magic Quadrant for SaaS Management PlatformsBusiness Wire•Jul 25, 2024•Torii
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Torii Earns Top Rating for SaaS Management in G2 Summer 2023 Grid ReportsBusiness Wire•Jun 15, 2023•Torii
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IT Pros Rate Torii Tops for SaaS Management in G2 Spring 2023 Grid ReportsBusiness Wire•Apr 11, 2023•Torii
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Torii Launches Advanced SaaS Management & Cost-Saving Capabilities for Distributed WorkplacesBusiness Wire•Feb 01, 2023•Torii
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