ToneTag

company

About

Enabling Contactless Payment on any device

  • 11 - 50

Details

Last Funding Type
Corporate Round
Last Funding Money Raised
$8M
Industries
E-Commerce,Financial Services,Mobile Apps,Mobile Devices,Mobile Payments,Point of Sale
Founded date
Jan 1, 2014
Number Of Employee
11 - 50
Operating Status
Active

ToneTag is an integrated library (sdk) that allows easy, frictionless, and secure proximity payments using sound (Tone) or NFC (Tag).

Depending upon user device and retail pos hardware, mobile application can toggle to initiate in-store purchases using sound or NFC.It works on any mobile device and no internet is required on user device at time of initiating payment.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$9.33M
ToneTag has raised a total of $9.33M in funding over 2 rounds. Their latest funding was raised on May 30, 2018 from a Corporate Round round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 30, 2018 Corporate Round $8M 1 Amazon Detail
Jan 12, 2018 Series Unknown $1.33M 1 Tropical Star Limited Detail

Investors

Number of Lead Investors
Number of Investors
2
2
ToneTag is funded by 2 investors. Amazon and Tropical Star Limited are the most recent investors.
Investor Name Lead Investor Funding Round
Amazon Yes Corporate Round
Tropical Star Limited Yes Series Unknown