Fundz

Tealbook Raises $50M Series B Funding Led By Ten Coves Capital

RECENTLY ACQUIREDDec 14, 2021

Amount Raised

$50 Million

Round Type

Series B

TorontoSustainabilitySoftwareData And AnalyticsScience And EngineeringArtificial Intelligence

Description

TealBook, the leading supplier data foundation that autonomously enhances supplier data and powers e-procurement technology has raised $50 million (USD) in Series B Funding led by Ten Coves Capital. Other notable investors include: BDC Capital, Grand Ventures, Royal Bank of Canada, Reciprocal Ventures, Refinery Ventures, S&P Global, Stand Up Ventures, RTP Global, Workday Ventures, Good Friends, an early-stage venture capital firm started in 2019 by the founders of Warby Parker, Harry's and Allbirds, along with debt financing from CIBC Innovation Banking. TealBook will use the funding to accelerate its data roadmap, introduce new partnerships and integrations, and expand their team to fuel global expansion.

Quick answer

TealBook raised $50 Million in a Series B round, dated December 14, 2021. TealBook is based in Toronto, Ontario, Canada.

How much did TealBook raise?
TealBook raised $50 Million in a Series B round on December 14, 2021.
What does TealBook do?
TealBook is advancing the world through supplier data by empowering the digital enterprise with an autonomously enriched supplier data foundation that powers e-procurement technology, drives supplier diversity, and..
Where is TealBook based and how big is it?
TealBook is based in Toronto, Ontario, Canada.

Source: Fundz verified event record.

Who else raised in Sustainability and Data And Analytics around the same time

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

  • Addionics raised $27M (Series A) on January 25, 2022.
  • PassiveLogic raised $34M (Funding Round) on January 11, 2022.
  • SparkCognition raised $123M (Series D) on January 25, 2022.
  • Bear Analytics raised an undisclosed amount (Funding Round) on January 25, 2022.
  • Qraft Technologies raised $146M (Funding Round) on January 25, 2022.
  • Outreach raised an undisclosed amount on January 21, 2022.

Who to call at TealBook, and when

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

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

Works inside ChatGPT and Claude. Ask who to call at TealBook. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

TealBook

Location

Toronto, Ontario, Canada

About

TealBook is advancing the world through supplier data by empowering the digital enterprise with an autonomously enriched supplier data foundation that powers e-procurement technology, drives supplier diversity, and enables supplier performance. Using AI and ML, TealBook gathers, predicts, and refines supplier data to build the world's most comprehensive supplier intelligence. When there are supply chain disruptions, companies leverage TealBook to identify emergency sourcing options; when it's business as usual, they use TealBook's technology to unleash full procurement possibilities. TealBook has been adopted by Fortune 100 companies and is the winner of many prestigious awards including Spend Matters 50 Vendors to Know, ProcureTech100 and Gartner's Cool Vendor. For more information, visit www.tealbook.com.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment TealBook raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for TealBook's next move

See what Strategic adds

Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

TealBook raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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

5 screens from a live account. No signup.

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.