Tugende

Tugende

Private

Last Round

Debt

Oct 11, 2022

Total Funding Raised

$32.68M

Company Overview

Tugende is a financial services company that provides asset financing, technology, and a customer-centric model to help informal sector entrepreneurs in Uganda and Kenya own income-generating assets.

Sector

FinTech

Verticals

Lending & Credit, Micro-Mobility, Credit Scoring, BNPL, InsurTech

Business Model

B2B2C

Customer Profile

Hardware Sales, Services & Consulting

AI Layer

Non-AI

Keywords

asset financinglease-to-ownmotorcycle financingboda boda financingfinancial inclusionMSME financingdigital credit profilerent-to-ownsocial enterpriseincome-generating assetshire-purchasepay-as-you-goPAYGasset-backed lendingcredit scoringMSMEsmicro, small, and medium-sized enterprisesGPS tracking

Historical Pricing

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Caplight Momentum Score

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Tugende Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Tugende Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
DebtOct 11, 2022
VC RoundJun 15, 2022
DebtDec 20, 2021
Series A ExtensionMar 31, 2021
Series AOct 5, 2020
Debt
Aug 3, 2018

Key People

Founding team and executive leadership

Michael Wilkerson

Co-Founder And CEO

Founding Team

Kyeyune Deo

Chief Technology Officer

Executive Team

Tugende Investors

Notable investors and investment history

InvestorRounds
Abler NordicDebt
Mobility 54 InvestmentVC Round, Series A
LendahandDebt
Symbiotics InvestmentsDebt
Segal Family FoundationSeries A, Seed
Partech PartnersSeries A Extension
Global PartnershipsSeries A, VC Round

Market signals

Structured signals derived from secondary market and firmographic data.

  • Nov 10, 2025

    Monthly visitors increased 340% MoM, reaching 3K.

  • Jun 1, 2025

    Monthly visitors increased 38% MoM, from 1.3K to 1.8K.

Tugende Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Tugende Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Tugende's valuation, stock price, and market status.

Firmographic Details

HeadquartersKampala
Employee Range396
Year Founded2012
Last FundingOct 11, 2022

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