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Tuum

company

About

Tuum is a cloud-native banking platform that allows businesses to establish a new banking business or digitally transform an existing one.

Details

Last Funding Type
Seed
Last Funding Money Raised
€4M
Industries
Banking,Financial Services,FinTech,Lending,Payments,SaaS
Founded date
Jan 1, 2019
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
Modular Technologies OÜ

Tuum is a cloud-native banking platform that is spearheading the next generation of digital innovation in the financial services industry. Built around a microservices architecture, the platform consists of flexible and independent modules covering all retail and business banking capabilities. The platform is API-based for quick and easy integration and can run on all major cloud providers, as well as on private clouds.

Founded by a team of banking and technology experts in 2019, Tuum combines technological excellence with in-depth banking knowledge and packages it into a sophisticated, cutting-edge platform.

Tuum currently employs over 60 people with offices in Tallinn, Berlin and Malaga.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
€20M
Tuum has raised a total of €20M in funding over 2 rounds. Their latest funding was raised on Apr 25, 2022 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 25, 2022 Debt Financing €1M 1 LHV Ventures Detail
Jan 26, 2022 Series A €15M 3 Portage Ventures Detail
Dec 9, 2020 Seed €4M 5 BlackFin Capital Partners
Karma Ventures
Detail

Investors

Number of Lead Investors
Number of Investors
4
7
Tuum is funded by 7 investors. LHV Ventures and Portage Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
LHV Ventures Yes Debt Financing
Portage Ventures Yes Series A
BlackFin Capital Partners Series A
Karma Ventures Series A
Siena Capital Seed
Ott Kaukver Seed
Plug and Play Seed

Employee Profiles

Number of Employee Profiles
7
Tuum has 7 current employee profiles, including Executive Sergei Anikin
Executive
Executive
Executive
Executive