Torpago key facts
as of Oct 2026- Developer of a corporate card and expense management platform designed for banks to deliver modern and industry-leading credit experiences to their customers.
- Torpago is valued at approximately $55.0M as of Oct 2026, set at its later-stage round, Jun 2024; nothing has traded since, per PrivateMarketView’s mark.
- It has raised $100.2M across 4 recorded rounds; the latest was Debt ($6.5M) in Jun 2025.
- Notable investors include Index Ventures, EJF Capital, Kortschak Investments, Assurant Ventures, BankTech Ventures — 10 tracked in total.
- Torpago has filed 6 Form Ds with the SEC since 2020, most recently Apr 2026 ($6.5M sold to 14 investors).
- Status: Privately Held (backing).
Valued at $55.0M at its later-stage round, Jun 2024. Nothing has traded since.
- ·Watch Torpago: the Monday email on marks, rounds and moves
Torpago funding rounds
4 roundsTorpago valuation
Torpago was valued at $55 million at its later-stage round in Jun 2024. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.
How much has Torpago raised?
Torpago has raised $100 million in total; 4 of its rounds are on record, from 2021 on. The largest on record was a $6.5 million debt round in Jun 2025.
Torpago has filed 6 Form Ds with the SEC since 2020, most recently in Apr 2026 ($6.5 million sold to 14 investors).
Torpago investors
10 investors are on record for Torpago, including Index Ventures, EJF Capital, Kortschak Investments and Assurant Ventures. The debt round in Jun 2025 drew 14 investors.
About Torpago
Developer of a corporate card and expense management platform designed for banks to deliver modern and industry-leading credit experiences to their customers. The company provides corporate cards equipped with spend management software and offers virtual cards with expense automation services, enabling enterprises to simplify corporate expenses and manage corporate spending efficiently.
- Sector
- Information Technology
- HQ
- Burlingame, CA, United States
- Founded
- 2019
- Employees
- 22
- Website
- torpago.com/
- Ownership
- Privately Held (backing)
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