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Tengiva has raised $5.7M across 2 funding rounds.
Key people at Tengiva.
Tengiva has raised $5.7M in total across 2 funding rounds.
Tengiva delivers a specialized commercial operating system for the textile industry, digitalizing complex supply chain processes. The platform integrates B2B distribution, data management, and sourcing capabilities, empowering suppliers with essential sales and inventory tools. Its approach enhances industry practices via dedicated software, professional digitalization, and an educational academy.
Founded in 2018 by CEO Annie Cyr and COO Carlos Agudelo, Tengiva leverages their extensive textile expertise. Both possess over two decades of hands-on experience spanning manufacturing, operations, and product development across the value chain. They recognized the industry’s ingrained processes, building a platform to efficiently digitalize these proven methods.
Tengiva supports textile suppliers, buyers, and both established and emerging fashion brands. The company's vision is to establish a new benchmark for global supply chain innovation within the textile sector, prioritizing innovation, value, and accessibility. It aims to foster sustainable and efficient sourcing practices, reshaping how textile commerce functions.
Tengiva has raised $5.7M in total across 2 funding rounds.
Tengiva's investors include Annie Koutrakis, Johanne Sevigny, Active Impact Investments, Anges Québec, Inovia Capital, Investissement Québec, N49P.
Tengiva is a Montréal-based software startup founded in 2018 that builds a digital supply chain platform for the global textile industry, offering tools like management dashboards, e-commerce portals, and B2B marketplace builders to connect textile businesses, suppliers, brands, and associations.[1][2][3][4] It serves textile manufacturers, apparel brands, and emerging clothing companies by solving outdated, months-long offline sourcing and distribution processes, enabling real-time access to in-stock materials across 120+ countries, with over 1,000 users and millions in inventory value.[1][2][3][5] The platform digitizes inventory, pricing, specs, QA data, and transactions in as little as two weeks, while providing sustainability insights to reduce waste, CO2 emissions, and chemical use—driving 75% efficiency gains and supporting circularity through data-driven decisions.[1][2][4][5]
Tengiva was co-founded in 2018 in Montreal, Quebec, by CEO Annie Cyr—an industry veteran with 20 years of experience, board member of TechniTextile Quebec, author of *The Guide to Textile Fiber*, and speaker at events like the 2024 World Summit of AI—and Carlos Agudelo, Ph.D., serving as COO and CSO.[1][3][4] Cyr's firsthand challenges in textile sourcing for emerging brands inspired the idea: making diverse materials accessible globally, quickly, cost-effectively, and sustainably, without the barriers of traditional offline processes.[3][4] Early traction came from addressing pandemic-era disruptions, scaling to 300+ materials in 30 countries (now expanded), and securing $4.95 million CAD in seed funding in 2021 from cleantech investors like Fonds Ecofuel and Active Impact Investments to commercialize, build warehouses, and expand globally.[3][4][6]
Tengiva rides the wave of supply chain digitization and sustainability mandates in fashion/textiles, a $1 trillion industry plagued by waste, fast fashion, and opacity—where 90% of impact stems from material production and 35% of output idles or landfills.[4][5] Timing aligns with post-pandemic resilience needs, rising eco-regulations, and AI/data-driven transformation, enabling small brands to compete globally while fostering innovation and circular economy practices like recycling partnerships.[3][4][5][6] It influences the ecosystem by modernizing an ancient sector, empowering 95% hidden data access for better decisions, reducing environmental harm, and bridging mills to brands—much like how e-commerce revolutionized retail.[2][5]
Tengiva is poised for accelerated global growth, leveraging its $5M seed, Google Cloud infrastructure, and expanding footprint (from 30 to 120+ countries) to capture more of the inefficient textile trade, with warehouse builds and marketplace revenue streams fueling momentum.[3][4][6] Trends like AI-optimized supply chains, stricter ESG reporting, and nearshoring will amplify its edge, potentially evolving it into a full circularity leader transforming waste into raw materials. As digitization unlocks efficiency and sustainability, Tengiva stands to redefine textile accessibility, making diverse, eco-friendly materials as seamless for brands worldwide as online shopping is for consumers—directly tackling the outdated backbone of fashion.[1][2][5]
Key people at Tengiva.
Tengiva has raised $5.7M across 2 funding rounds. Most recently, it raised $450K Debt in March 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 8, 2024 | $450K Debt Financing | Annie Koutrakis | — | Announced |
| May 4, 2022 | $5.3M Grant | Johanne Sevigny | Active Impact Investments, Anges Québec, Inovia Capital, Investissement Québec, N49P | Announced |
