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Torii
SaaS management platform that helps IT professionals discover, optimize, and control the organization's SaaS usage and costs from a single hub
About Torii
ToriiHQ is a Software as a Service (SaaS) management platform that helps businesses discover, manage, and optimize their SaaS applications. The company operates in the rapidly growing SaaS management market, serving a wide range of clients, including some of the world's leading companies.
ToriiHQ's business model revolves around providing a comprehensive AI-powered platform that allows businesses to discover and map all their SaaS applications, often revealing up to four times more apps than expected. This helps businesses shine a light on Shadow IT, which refers to IT systems and solutions built and used inside organizations without explicit organizational approval.
The platform also provides rich insights that help businesses reduce risk, prove compliance, and manage their SaaS systems effectively. One of the key value propositions of ToriiHQ is its ability to help businesses cut SaaS costs. The platform provides cost-saving recommendations and workflows that can help businesses save over 30% on SaaS spend. This is achieved by eliminating unused apps and licenses, consolidating redundant tech, downgrading underutilized licenses, and slashing renewal costs.
ToriiHQ also automates IT tasks, freeing up valuable time for businesses. The platform allows for the scheduling of onboarding and offboarding, setting up real-time event triggers, automating license and app optimization, and creating risk management workflows.
Finally, ToriiHQ is a fully open SaaS management platform, meaning businesses can customize it to fit their evolving needs. They can build and share new features, and seamlessly connect, analyze, and act on data from external systems, all within ToriiHQ.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Feb 2022 | $50M | $200M | Uncork Capital · Scopus Ventures · Tiger Global · Global Founders Capital | ↗ |
| SERIES AOther financing | Feb 2021 | $10M | $40M | Uncork Capital · Wing Venture Capital · Global Founders Capital · Entrée Capital | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Torii is 100K monthly website visits, up 66.7% over the last three months. Torii's team declined 1.3% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
Entrée Capital
LocalGlobe
Uncork Capital
Global Founders Capital
Series A3 investors entered at this stage
Wing Venture Capital
Scopus Ventures
Tiger Global
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Torii on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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