Tegus Raises $90M in Series B Funding

Tegus, a Chicago, IL-based intelligence platform for decision makers, raised $90m in Series B funding.

The round was led by Oberndorf Enterprises and Willoughby Capital.

The company intends to use the funds to continue its rapid expansion, to broaden its data offering, and to accelerate the development of its product suite.

Founded in 2017 by twin brothers Michael and Thomas Elnick, Tegus is a provider of primary business and market intelligence for key decision makers. The company conducts research and collects data to produce a comprehensive primary information platform, enabling clients to discover answers to their most challenging questions faster and more efficiently than anywhere else.

The company serves more than 1,000 customers worldwide, including investment firms, corporations, and consultancies and has a headcount of over 300 employees. Tegus plans to hire more than 400 new employees next year as the company scales sales, product, and engineering teams to meet customer demand.

The team also added:

  • CPO Tim Anderson (Zapier, Glassdoor),
  • CTO Ryan Aylward (Glassdoor), and
  • GC/CCO Jason Howard (SEC).