Tech Company Financing Transactions
Tongo Funding Round
On 9/29/2022, Tongo landed $7 million in Seed investment from MetaProp NYC, Elizabeth Street Ventures and Entrepreneurs Roundtable Accelerator.
Transaction Overview
Company Name
Announced On
9/29/2022
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Seed
Investors
Proceeds Purpose
The company will use these proceeds to expand product and team in its initial market of real estate, where Tongo empowers brokerages to offer agents on-demand access to pending commissions, which they can use like a line of credit to grow their business & stabilize cash ?ows.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
61 Greenpoint Ave
Brooklyn, NY 11222
USA
Brooklyn, NY 11222
USA
Phone
Undisclosed
Website
Email Address
Overview
Tongo gives Real Estate agents instant access to commission income, long before closing. Industry-low costs. No late fees. Totally private. Invest in yourself. We're realigning the commission economy.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Brandon Wright
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