At Torpago, our vision is to disrupt traditional corporate credit cards and modernize spend management for businesses of all sizes. We strive to empower companies with simple and easy solutions that grant more extensive control and transparency of company spend. We created our platform with our customers in mind, designing a solution that fosters growth and champions success at every stage of entrepreneurship. Over 500 companies trust Torpago in providing corporate credit cards and spend management software to operate their businesses efficiently.
Location: United States, California, San Francisco
Employees: 11-50
Total raised: $87M
Founded date: 2019
Investors 4
| Date | Name | Website |
| - | BankTech V... | banktechve... |
| - | Operate | operatestu... |
| 03.08.2022 | Kortschak ... | kortschak.... |
| 12.09.2024 | EJF Capita... | ejfcap.com |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 10.06.2024 | Series B | $10M | - |
| 28.10.2021 | Seed | $77M | - |
Mentions in press and media 14
| Date | Title | Description |
| 10.06.2024 | Torpago: Commercial Credit Card And Spend Management Company Raises $10 Million | Torpago, a commercial credit card and spend management provider, announced it raised $10 million in a Series B funding round. This funding round was co-led by Priority Tech Ventures (a division of Priority Technology Holdings) and EJF Ventu... |
| 07.06.2024 | Travel Companies Push for Smoother Payments: Startup Funding Roundup | Travel payments is the theme for this week’s startup funding roundup. Three of the startups featured this week are focused on simplifying various types of payments for the travel industry. The most notable is Nium, which makes it easier for... |
| 07.06.2024 | Torpago Raises $10M in Series B Funding | Torpago, a San Mateo, CA-based commercial credit card and spend management provider, based $10M in Series B funding. The round was led by Priority Tech Ventures, a division of Priority Technology Holdings, Inc., and EJF Ventures, with parti... |
| 06.06.2024 | Fintech Torpago Raises $10 Million Series B | White-label spend management and card platform Torpago has raised $10 million in a Series B funding round. Priority Tech Ventures and EJF Ventures co-led the round, which also included BankTech Ventures and other existing investors. Torpago... |
| 25.02.2022 | Why I’m using a credit facility to grow my startup | Brent Jackson Contributor Share on Twitter Brent Jackson is the founder and CEO of Torpago. When it comes to financing, startups and established organizations will have vastly different experiences. Traditional financing may not always be a... |
| 28.10.2021 | Robinhood’s new earnings report raises concerns about the company’s reliance on crypto trading | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Si... |
| 28.10.2021 | Torpago Raises $77 Million, Valued at Over $1 Billion | Torpago, spend and expense management Fintech, has raised $77 million claiming a valuation of over $1 billion. In a release, Torpago said it raised $2 million in seed funding and a warehouse of $75 million to support the expansion of its pl... |
| 28.10.2021 | Robinhood’s new earnings report raises concerns about the company’s reliance on crypto trading | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Morning, folks. This is Fortune reporter Rey Mashayekhi filling in for Lucinda today. Well, Robin... |
| 26.10.2021 | Meet 20 (small) companies looking to save the future of ESG | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Small things can make a big difference. Paid Content Commerce content and the power of the partne... |
| 26.10.2021 | Meet 20 (small) companies looking to save the future of ESG | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Small things can make a big difference. Paid Content How health and wellness fuel success at iHer... |
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