Tumelo
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | <1m | 1.3m | 2.7m | 7.8m | 7.8m |
% growth | - | 156 % | 111 % | 187 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Grant | ||
£1.0m | Seed | ||
N/A | Support Program | ||
* | $19.0m | Series A | |
N/A | Support Program | ||
Total Funding | €18.5m |
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Recent News about Tumelo
EditTumelo operates in the financial technology sector, providing investment platforms and pension providers with tools to engage their investors. The company's core service is to offer a transparent view of the companies investors own and enable them to have a say on important issues through shareholder voting. Tumelo serves individual investors, fund managers, and institutional investors who are keen on making informed decisions and actively participating in corporate governance. The business model revolves around subscription fees from investment platforms and pension providers that integrate Tumelo's technology. Tumelo makes money by offering these platforms a way to enhance investor engagement and satisfaction, thereby increasing their own client retention and acquisition. The company operates in the global market, focusing on regions with high investment activity and regulatory support for shareholder rights.
Keywords: shareholder voting, investor engagement, financial technology, transparency, pension providers, investment platforms, corporate governance, investor insights, fintech, shareholder rights.