Torii, a Raanana, Israel and New York-based SaaS Management Platform for IT, raised $3.5M in seed funding.
The round was led by Uncork Capital with participation from Global Founders Capital in Berlin and Entrée Capital.
The company intends to use the funds for the additional development of “autonomous IT” workflows and build a US-based sales and customer success team.
Co-founded in 2017 by Uri Haramati, CEO; Tal Bereznitskey, CTO; Uri Nativ, VP Engineering, Torii provides a platform that allows IT managers to discover, audit, vet and control the SaaS apps that employees use; to optimize SaaS license utilization; and to set up automated workflows that free up the IT team from many of their mistake-prone processes.
The solution is already being used by top brands and companies such as Monday.com, SimilarWeb, Typeform, Payoneer, ClassPass, Delivery Hero and Thrive Global.