Tugende
About
What does Tugende do?
Tugende is a for-profit social enterprise that uses asset finance, technology, and a customer-centric model to help informal sector entrepreneurs and MSMEs increase their economic trajectory. They offer lease-to-own financing for income-generating assets, build digital credit profiles for clients, and provide access to future growth opportunities through their digital platform. Tugende operates in Uganda and Kenya, serving over 52,000 clients.
What is Tugende's valuation?
StartupHub estimates Tugende's effective valuation at $82.3M (range $49.8M to $119.4M, 10% confidence), based on comparable companies in the sector.
How much funding has Tugende raised?
Tugende has raised a total of $20M in funding. The most recent round on record is Pre-Series B.
Where is Tugende headquartered?
Tugende is headquartered in Kampala, Uganda.
When was Tugende founded?
Tugende was founded in 2012.
What is Tugende's current status?
Tugende's current operating status is: Inactive.
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