Torpago

Burlingame, CA · Founded 2019 · Privately Held (backing)

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 based in Burlingame, CA and was founded in 2019. It was valued at $55 million at its later-stage round in Jun 2024, the last priced event on record. It has raised $100 million across 4 recorded rounds; the latest was a $6.5 million debt round in Jun 2025.

PMV mark · valuation
$55.0M
Oct 2026
Priced at
its later-stage round
Jun 2024
Total raised
$100.2M
Last round
Debt
Jun 2025
How much has Torpago raised?
$100.2Macross 4 recorded rounds · Oct 2021 – Jun 2025

Most recently, Torpago raised $6.5M in its Debt (Jun 2025).

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Torpago round by round

4 rounds
Jun 2025Debt$6.5MSEC filing▮
14 investors participated
Mar 2024Early Stage VC$5.2MSEC filing▮
3 investors participated
Feb 2023Seed Round$4.1MSEC filing▮
9 investors participated
Oct 2021Seed Round$2.5MSEC filing▮
23 investors participated

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.

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Frequently asked about Torpago

How much has Torpago raised?
Torpago has raised $100.2M in total across 4 recorded funding rounds.
When was Torpago's last funding round?
Torpago's most recent recorded round was Debt in Jun 2025, raising $6.5M.