Tessaract Technologies Private Limited Asset Profile

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Year established

2018

Location

Singapore Singapore

Primary Industry

Software

About

Based in Singapore, and founded in 2018 by CEO Cherilyn Tan, Tessaract Technologies Private Limited, a.k.a. Tessaract.io is a developer of a no-code workflow automation platform that helps professional services firms accelerate their digital transformation journey to deliver better productivity and resource efficiency. In August 2022, Tessaract.io raised USD 3.3 million in pre-series A funding led by Wavemaker Partners, with participation from M Venture Partners and CMIA Capital Partners. The company provides business management software that enables clients to manage clients, collaborate remotely, simplify billing and make data-driven decisions. The software offers a wide range of features, such as client management, case management, project management, document management, accounting and finance, workflow management, user management, analytics and reporting, onboarding, and more. Tessaract.io also offers a digital signing tool that allows clients to create, manage and digitally sign documents. In addition, the firm provides multiple solutions, including law practice management, accounting practice management, insurance software, business management, and fund accounting. Tessaract.io plans to use its proceeds from October 2022 funding to expand into new markets, and further develop its suite of products to support a broader range of business types and sizes.

Current Investors

CMIA Capital Partners, Wavemaker Partners, M Venture Partners

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Primary Industry

Software

Sub Industries

Accounting/Finance Software, Analytics & Performance Software, Application Integration Software, Content Management Software, Customer Relationship Management, HR & Workforce Software, Legal Software, Multimedia & Graphics

Website

www.tessaract.io

Verticals

Cloud Computing, FinTech, InsureTech, Mobile Apps

Company Stage

Early Stage

Total Amount Raised

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Timeline of Key Events

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Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin

31 Dec 2019

142,610

(668,104)

(468.5%)

(631,796)

(443%)

(669,531)

(469.5%)

31 Dec 2020

31 Dec 2021

31 Dec 2022

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Employee Data

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