Tech Company Financing Transactions
Tile Funding Round
Tile closed a $40 million investment round on 9/17/2021. Investors included Capital IP Investment Partners.
Transaction Overview
Company Name
Announced On
9/17/2021
Transaction Type
Debt
Amount
$40,000,000
Round
Undisclosed
Investors
Capital IP Investment Partners (Riyad Shahjahan)
Proceeds Purpose
The funding will be put toward investment in Tile's finding technologies, ahead of the company's plan to unveil a new slate of products and features that the company believes will help it to better compete with Apple's AirTags and further expand its market.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
1900 S Norfolk St. 310
San Mateo, CA 94403
USA
San Mateo, CA 94403
USA
Phone
Undisclosed
Website
Email Address
Overview
Tile is a location tracking device and app that makes losing valuable items a thing of the past. Tiles are bluetooth low energy tags designed for attaching to valuable items so that these real-world objects -- wallets, bikes, suitcases etc -- can be traced if they go missing.
Management Team
Title
Name
Email & Social
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