Torii - About the company
Torii is a series B 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 343 active competitors, including 69 funded and 41 that have exited. Its top competitors include companies like Apptio, Spendflo and Orb.
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
- Social
- Email ID
- *****@toriihq.com
Key Metrics
Founded Year
2017
Location
Ra anana, Israel
Stage
Series B
Total Funding
$65M in 4 rounds
Latest Funding Round
Investors
Ranked
22nd among 343 active competitors
Employee Count
150 as on Jun 30, 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 | Documents |
|---|---|---|---|---|
TORII SOFTWARE INC CIN: 371921758 , United States, Active | Dec 31, 1999 | - | 20 (As on Dec 31, 2024) | - |
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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 6 institutional investors.
Here is the list of recent funding rounds of Torii:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 02, 2022 | 5714244 | Series B | 6316456 | 1625778 | 4251356 | 3625849 |
Feb 18, 2021 | 4610948 | Series A | 4958245 | 2542088 | 6608625 | |
May 21, 2019 | 2058479 | Seed | 1863227 | 5006792 |
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Torii's founders and board of directors
Founder? Claim ProfileTorii's employee count trend
Torii has 150 employees as of Jun 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 Apptio, Spendflo and Orb. 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 |  Apptio 2007, Bellevue (United States), Acquired | Cloud spend management platform for enterprises | $136M | 75/100 | |
2nd | Spendflo 2020, San Francisco (United States), Series A | AI-native procurement platform for managing SaaS and vendors | $15.4M | 69/100 | |
3rd | Orb 2019, San Francisco (United States), Acquired | Platform offering infrastructure monitoring solutions | $44.1M | 69/100 | |
4th | Zluri 2020, San Francisco (United States), Series B | Provider of SaaS management, access management, and access review solutions | $32.5M | 68/100 | |
5th |  Zylo 2015, Indianapolis (United States), Series C | Platform offering SaaS applications management solutions | $72.5M | 68/100 | |
6th |  Vendr 2018, Boston (United States), Acquired | Provider of software pricing data and negotiation insights for buyers | $216M | 67/100 | |
7th | Flexera 2008, Itasca (United States), Acquired | Provider of IT management solutions for cloud, SaaS, and data centers | $5.76M | 66/100 | |
8th | AI-powered platform designed for IT teams to manage software | $45.3M | 65/100 | ||
9th |  BetterCloud 2011, New York City (United States), Series G | SaaS applications management solutions provider | $187M | 64/100 | |
10th | Developer of software for cloud and artificial intelligence cost optimization | $96M | 64/100 | ||
22nd | Platform to manage SaaS applications of an enterprise | $65M | 56/100 |
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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
Filter this listMedia 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 EnterpriseBriefGlance•Jun 23, 2026•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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FAQs about Torii
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