When was Tugende founded?

Tugende was founded in 2012 and raised its 1st funding round 6 years after it was founded.

Where is Tugende located?

Tugende is headquartered in Kampala, Uganda.

Who is the current CEO of Tugende?

Michael Wilkerson of Tugende. They have also founded 1 company.

How many employees does Tugende have?

As of Sep 30, 2026, the latest employee count at Tugende is 404.

Is Tugende a funded company?

Tugende is a funded company, having raised a total of $26.2M across 12 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Aug 01, 2018.

When was the latest funding round of Tugende?

Tugende's latest funding was a $***** Conventional Debt round on Oct 11, 2022, with participation from 2 investors.

Where does Tugende rank among its competitors?

Tugende ranks 2nd amongst 15 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Premier Credit, which secured $1.5M in Sep, 2025.

Who are the top competitors of Tugende?

Tugende's top competitors include GE Capital, FINCA and Premier Credit. Among them, Premier Credit secured the most recent funding round in September, 2025.

Tugende - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of asset financing, digital credit profiles, and growth opportunities. The company enables informal entrepreneurs to own income-generating assets. It builds verifiable digital credit profiles for clients. The company offers opportunities through a digital platform. It provides financing and value-added services. The company supports micro, small, and medium enterprises.

Website: gotugende.com
Social
Email ID: *****@goTugende.com
Phone Number: +256 **********

Key Metrics

Founded Year

2012

Location

Kampala, Uganda

Stage

Series A

Total Funding

$26.2M in 12 rounds

Latest Funding Round

Conventional Debt, Oct 11, 2022, $*****

Investors

Partech Partners & 18 more

Ranked

2^nd among 15 active competitors

Employee Count

404 as on Sep 30, 2026

Similar Companies

Bajaj Finserv & 4354 more

View Tugende's full profile

Tugende has raised a total funding of $26.2M over 12 rounds. Its first funding round was on Aug 01, 2018. Its latest funding round was a Conventional Debt round on Oct 11, 2022 for $*****. 2 investors participated in its latest round. Tugende has 19 institutional investors.

Here is the list of recent funding rounds of Tugende:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 11, 2022	7662499	Conventional Debt	7554896	1662489	3202297	5136332
Oct 11, 2022	8325815	Series A	5423599	8838172	7456991	Women's World Banking
Jul 11, 2022	5645026	Conventional Debt	7519793	3911967	4231616	1515927

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View details of Tugende's funding rounds and investors

The founders of Tugende are Matt Brown and Michael Wilkerson. Michael Wilkerson is the CEO of Tugende.

Here are the details of Tugende's key team members:

Matt Brown: Co-Founder of Tugende.
Michael Wilkerson: Co-Founder & CEO of Tugende.

View details of Tugende's Founder profiles and Board Members

Tugende's employee count trend

Tugende has 404 employees as of Sep 26. Here is Tugende's employee count trend over the years:

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Top competitors of Tugende include GE Capital, FINCA and Premier Credit. Here is the list of Top 10 competitors of Tugende, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	GE Capital 1932, Norwalk (United States), Public	Provides commercial aircraft leasing and lending services	-	Forum Capital Advisors, OSTI	61/100
2nd	Tugende 2012, Kampala (Uganda), Series A	Provider of asset financing, digital credit profiles, and growth opportunities	$26.2M	Abler Nordic, Symbiotics Group & 17 others	48/100
3rd	FINCA 2018, Kampala (Uganda), Unfunded	Micro-loans and micro-insurance for low income individuals	-	-	38/100
4th	Premier Credit 2014, Kampala (Uganda), Seed	Provider of consumer and SME loans	$1.5M	Social Investment Managers & Advisors, Enabling Qapital ... Read more	37/100
5th	KJMC Finserv Group 1988, Mumbai (India), Public	Corporate advisory firm	-	-	37/100
6th	Azima 2021, Kampala (Uganda), Unfunded	Provider of consumer loans	-	-	19/100
7th	Demos Capital 2019, Kampala (Uganda), Unfunded	Provider of short-term financial services, including loans, to civil servants and entrepreneurs	-	-	16/100
8th	MARU Credit 2018, Kampala (Uganda), Unfunded	SME loans provider	-	-	16/100
9th	SWACOFF 2017, Kampala (Uganda), Unfunded	Provider of business project financing services	-	-	16/100
10th	Red Oak 2008, Kampala (Uganda), Unfunded	Provider of financial services, real estate, and equity investments.	-	-	16/100