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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, Credit Scoring, InsurTech, Micro-Mobility

Business Model

B2C

Customer Profile

Services & Consulting, Payment Processing Fee, Hardware Sales

AI Layer

Application

Keywords

asset financelease-to-ownmicro-asset financingboda-boda financingdigital creditalternative credit scoringfintechmicrofinanceinsurtechfinancial inclusionunderwriting automationemerging market lendingneobankembedded finance

Historical Pricing

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Caplight Momentum Score

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Tugende Comparables

Compare Tugende with similar companies based on industry and business-model similarity.

Tugende comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Watu
91%
Eleving Group
88%
Asaak
86%

Tugende Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
DebtOct 11, 2022
DebtJun 1, 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

Tugende investors
InvestorRounds
PartechSeries A Extension
Women's World Banking Asset ManagementDebt
Abler NordicDebt
Mobility 54 InvestmentDebt, Series A
LendahandDebt
Symbiotics InvestmentsDebt
Segal Family FoundationSeries A, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 21, 2026

    Monthly visitors grew 84% MoM, from 1.1K to 2K.

  • Nov 10, 2025

    Monthly visitors increased 340% MoM, reaching 3K.

Tugende Filings

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Tugende filings preview — column headings only; records require access
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Frequently Asked Questions

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

Is Tugende a public or private company?

Tugende is a private company.

What is the current stock price of Tugende?

Tugende is a private company with no public stock price. No recent secondary market data is available.

How much is Tugende worth (valuation)?

Valuation information for Tugende is not publicly available.

Can I buy Tugende stock?

Tugende shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Tugende's last funding round?

Tugende's most recent funding round was Debt on October 11, 2022.

Who are the main investors in Tugende?

Key investors in Tugende include Mobility 54 Investment, Partech Partners, Partech Africa, U.S. International Development Finance Corporation.

Will Tugende IPO soon?

No public IPO plans have been announced for Tugende.

How can I track Tugende secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Tugende's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersKampala
Employee Range402
Year Founded2012
Last FundingOct 11, 2022

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