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Freshworks to acquire Torii for AI management

PUBLIC · FRSHOct 13, 2026

Acquiring Company

Freshworks

Acquired Company

Torii

San MateoNew YorkInformation TechnologySoftware

Description

Freshworks has announced its acquisition of Torii to enhance its AI spend management capabilities. This move will integrate Torii’s SaaS management solutions with Freshworks' Freshservice platform. The acquisition aims to provide businesses with improved visibility into software applications and governance.

Company Information

Company

Freshworks

Location

1250 BAYHILL DRIVE, SUITE 315

San Mateo, California, United States

About

Freshworks designs ridiculously easy-to-use software for businesses of all sizes, making it effortless for them to delight their employees and their customers. Affordable, quick to implement and designed for the end user, more than 50,000 companies worldwide use Freshworks software-as-a-service to enable a better customer experience (CX, CRM) and employee experience (ITSM, HRSM). Headquartered in San Mateo, California, Freshworks has a dedicated team operating from 13 global locations to serve customers, including Bridgestone, Chargebee, DeliveryHero, ITV, Klarna, Multichoice, OfficeMax, TaylorMade and Vice Media.

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Frequently asked

Who acquired Torii?

Torii was acquired by Freshworks, based in San Mateo. The deal was reported on October 13, 2026. Freshworks designs ridiculously easy-to-use software for businesses of all sizes, making it effortless for them to delight their employees and their customers. Freshworks is publicly traded (FRSH) and operates in Information Technology.

When did Freshworks acquire Torii?

Freshworks's acquisition of Torii was reported on October 13, 2026. Freshworks has announced its acquisition of Torii to enhance its AI spend management capabilities. This move will integrate Torii’s SaaS management solutions with Freshworks' Freshservice platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Torii do?

Torii is the #1 Automated SaaS Management Platform (SMP) for today’s increasingly distributed, decentralized businesses. It is privately held, and is based in New York.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.