When was Tuum founded?

Tuum was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Tuum located?

Tuum is headquartered in Tallinn, Estonia. It is registered at Dobeles nov., Bēnes pag., Bēne, Līduma iela 24 - 1.

How many employees does Tuum have?

As of Mar 31, 2026, the latest employee count at Tuum is 139.

Is Tuum a funded company?

Tuum is a funded company, having raised a total of $49.8M across 5 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Dec 09, 2020.

When was the latest funding round of Tuum?

Tuum's latest funding was a $***** Series B round on Mar 14, 2024, with participation from 1 investor.

What is the annual revenue of Tuum?

Annual revenue of Tuum is €3.68M as on Dec 31, 2023.

Where does Tuum rank among its competitors?

Tuum ranks 3rd amongst 313 active competitors, of which 42 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Neem, which secured an undisclosed amount in Jan, 2026.

Who are the top competitors of Tuum?

Tuum's top competitors include Thought Machine, ION Group and 10x. Among them, Neem secured the most recent funding round in January, 2026.

Tuum - 2026 Company Profile, Team, Funding, Competitors & Financials

Tuum is a series B company based in Tallinn (Estonia), founded in 2019 by Rivo Uibo, Jüri Kirme, Jan Lakspere and Ove Kreison. It operates as a Provider of a cloud-native API-first core banking platform. Tuum has raised $49.8M in funding from investors like BlackFin, Karma Ventures and CommerzVentures. The company has 313 active competitors, including 42 funded and 31 that have exited. Its top competitors include companies like Thought Machine, ION Group and 10x.

Company Details

Provider of a cloud-native API-first core banking platform.The platform follows the microservice architecture and is composed of independent modules that cover end-to-end everyday banking processes. It allows banks to operate multiple business lines from a single system, including accounts, lending, payments and cards, as well as go further through access to a pre-configurated ecosystem of partner solutions.

Website: tuum.com
Email ID: *****@tuum.com
Registered Address: Dobeles nov., Bēnes pag., Bēne, Līduma iela 24 - 1

Key Metrics

Founded Year

2019

Location

Tallinn, Estonia

Stage

Series B

Total Funding

$49.8M in 5 rounds

Latest Funding Round

Series B, Mar 14, 2024, $*****

Investors

BlackFin & 11 more

Ranked

3^rd among 313 active competitors

Annual Revenue

€3.68M as on Dec 31, 2023

Employee Count

139 as on Mar 31, 2026

Similar Companies

Thought Machine & 394 more

View Tuum's full profile

Tuum is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MODULAR TECHNOLOGIES OÜ CIN: 14655118 , Estonia, Active		$3.99M (As on Dec 31, 2023)	82 (As on Sep 30, 2024)
tuum CIN: 40203330619 , Latvia, Active	Jul 08, 2021	$2.77M (As on Dec 31, 2024)	12 (As on Dec 31, 2023)	-

Tuum has raised a total funding of $49.8M over 5 rounds. Its first funding round was on Dec 09, 2020. Its latest funding round was a Series B round on Mar 14, 2024 for $*****. 1 investor participated in its latest round. Tuum has 11 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Tuum:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 14, 2024	9895409	Series B	7109143	4405917	7570880	1931980
Feb 06, 2024	6494587	Series B	9521991	4530601	3285859	Speedinvest
Apr 25, 2022	5327837	Series A	1735371	6318541	LHV	9369141

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View details of Tuum's funding rounds and investors

The founders of Tuum are Rivo Uibo, Jüri Kirme, Jan Lakspere and Ove Kreison. Myles Bertrand is the CEO of Tuum.

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

Rivo Uibo: Co-Founder, Chief Business Officer of Tuum.
Jüri Kirme: Co-Founder and senior solution architect of Tuum.
Jan Lakspere: Chief Product Officer, Co-Founder of Tuum.
Ove Kreison: Co-Founder & Chief Product & Technology Officer of Tuum.
Contact Info: 1 email address
Myles Bertrand: CEO of Tuum.
Contact Info: 1 email address

View details of Tuum's Founder profiles and Board Members

Tuum's employee count trend

Tuum has 139 employees as of Mar 26. Here is Tuum's employee count trend over the years:

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Top competitors of Tuum include Thought Machine, ION Group and 10x. Here is the list of Top 10 competitors of Tuum, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Thought Machine 2014, London (United Kingdom), Series D	Developer of a cloud-based platform for core banking	$706M	Molten Ventures, Temasek & 35 others	70/100
2nd	ION Group 1998, New York City (United States), Late Stage	Treasury management solutions for financial institutions and banks	$400M	The Carlyle Group, TA & 3 others	68/100
3rd	Tuum 2019, Tallinn (Estonia), Series B	Provider of a cloud-native API-first core banking platform	$49.8M	Performance Equity Management, Sagard & 10 others	66/100
4th	10x 2016, London (United Kingdom), Series C	Developer of a cloud-native SaaS platform for core banking services	$349M	BlackRock, Oliver Wyman & 9 others	63/100
5th	Skaleet 2015, Boulogne billancourt (France), Series B	Cloud-agnostic core banking solution	$30.7M	Long Arc Capital, Inclusive Fintech 50 & 1 others	62/100
6th	BKN301 2021, London (United Kingdom), Series B	Provider of Banking-as-a-Service orchestration platform	$67.7M	Abalone Group, BlackRock & 15 others	60/100
7th	Roinet Solution 2012, Gurugram (India), Seed	Developer of financial inclusion and digital finance and banking solutions to under-served communities	$2.2M	Southfield Group & 4 others	59/100
8th	Neem 2019, Karachi (Pakistan), Seed	Full-stack payment infrastructure powering how businesses in Pakistan accept, send, and manage money	$3.5M	Epic Angels, DNI & 12 others	57/100
9th	Pathward 1954, Sioux Falls (United States), Early Stage	Provider of financial infrastructure and solutions for businesses. It offers banking infrastructure, technology resources, and collaborative support to third-party partners for delivering banking programs. The company also provides various financial solutions to businesses, including working capital, equipment financing, and structured finance, enabling access to funds for growth. A focus on financial inclusion is evident in its services and commitment to supporting clients' financial success.	$500K	-	57/100
10th	Finxact 2016, Jacksonville (United States), Acquired	Provider of cloud-based core banking software	$74.8M	LiveOak Venture Partners, Truist & 7 others	57/100