Fundz

Saas Firm Itilite Raises $29 Million From Tiger Global And Others

Apr 13, 2022

Amount Raised

$29 Million

Round Type

Funding Round

BengaluruSoftwareinformation technology & services

Description

Bengaluru: Travel and expense (T&E) management software-as-a-service (Saas) platform Itilite has raised $29 million in a funding round led by New York-based Tiger Global and Dharana Capital, with participation from existing investors Matrix Partners India and Tenacity Ventures.

Who else raised in information technology & services and Software around the same time

Companies in the same sectors as Itilite that raised within 45 days of this round, from Fundz verified event records.

  • Monte Carlo raised $135M (Series D) on May 24, 2022.
  • Alchemer raised an undisclosed amount (Funding Round) on May 18, 2022.
  • Health Catalyst raised $6M on May 12, 2022.
  • Chainalysis raised $170M (Funding Round) on May 11, 2022.
  • Crusoe raised $505M (Funding Round) on April 21, 2022.
  • Filevine, Inc. raised $108M (Funding Round) on April 14, 2022.

Who to call at Itilite, and when

A new round usually means Itilite is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Itilite raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Itilite, from your own LinkedIn network

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Company Information

Company

Itilite

Location

2093 Philadelphia Pike

Bengaluru, Karnataka, India

About

With the new round, the company plans to continue to invest more in product innovations, brand building and scaling up its go-to-market teams. Presently the company serves firms like Byju’s, Swiggy, Zetwerk, Automation Anywhere, Praj HiPurity and Page Industries. The Bengaluru-based startup had raised $13 million in its previous funding round led by Greenoaks Capital and Vy Capital in 2020. Itilite presently has around 500,000 users from over 300 companies in India and the US, thanks to the acceleration in digitisation in the T&E space.

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Itilite raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, 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 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.