COMPANY PROFILE

ToneTag

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Enabling Contactless Payment on any device

Bengaluru, IndiaFounded 2014Fintech

Valuation $250–500M Last recorded · 2026

Headcount 100–500 Current team size

Total funding $50–100M Disclosed equity funding

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About ToneTag

ToneTag is a technology company specializing in sound wave-based data communication solutions. Operating in the fintech and retail sectors, ToneTag serves a diverse clientele including global giants like Amazon, MasterCard, and Infosys Finacle. The company's core product is a proprietary Software Development Kit (SDK) that uses sound waves to enable secure and fast data transfer between devices without the need for additional hardware. This technology is platform-independent and can be integrated into existing infrastructures, making it a cost-effective solution for businesses. ToneTag generates revenue through licensing its SDK and offering customized solutions to its clients. The company’s market includes financial institutions, retail businesses, and technology providers looking to enhance user experiences and streamline operations.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2014
Headquarters: Bengaluru, India
Employees: 187
Open positions: None listed
Dealroom signal: 93.2/100
Industry: Fintech
Sub-industry: Payments
Sector: Fintech, Retail, Hard Tech
Technology: Hardware
Client focus: b2b
Links: Website LinkedIn X

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Funding history

7 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
LATE VCOther financing	Feb 2026	$3.8M	$388M	Qualcomm Ventures	↗
SECONDARYOther financing	Feb 2025	$0	—	Undisclosed	↗

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Growth signals

ToneTag website traffic

Latest recorded traffic for ToneTag is 3.4K monthly website visits, up 41.7% over the last three months. ToneTag's team grew 11.3% over the past year.

Latest monthly visits3.4K 3-month web change+41.7% 1-year team growth+11.3%

Monthly website visitsDec 2018–Jul 2026

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