Torii has raised $68.0M in total across 5 funding rounds.
Torii's investors include BITKRAFT Ventures, Blumberg Capital, Boldstart Ventures, Comcast Ventures, Costanoa Ventures, ENIAC Ventures, Entrée Capital Ventures, Forerunner Ventures, GitHub Fund, Global Founders Capital, Goat Capital, M.G. Siegler.
Torii is a leading SaaS Management Platform (SMP) that helps IT and security teams discover shadow IT, enforce governance, optimize costs, and manage access across SaaS, AI, and desktop applications.[1][3] It serves enterprises, including Fortune 500 companies, by solving the chaos of unmanaged apps through continuous discovery, automated policy enforcement, and AI-driven copilot features like Eko for risk prioritization and audits.[1][3] With strong growth momentum—pioneering the category, securing $50M in funding, and earning Gartner Magic Quadrant Leader status—Torii delivers visibility in hours, scales governance without added headcount, and integrates seamlessly with existing stacks while maintaining enterprise-grade security (SOC 2 Type II, ISO 27001).[1][3]
Torii was founded by three serial entrepreneurs—Tal Bereznitskey, Uri Haramati, and Uri Nativ—who identified the need for a discovery-first approach to tame unmanaged SaaS applications in IT environments.[1] Realizing that cost savings, security, and efficiency start with visibility into "app chaos," they launched Torii officially with seed funding, coining the term "SaaS Management."[1] Early milestones included releasing a groundbreaking browser extension for shadow IT detection, launching an Application Catalog to centralize apps and reduce duplication, and landing their first Fortune 500 customer, validating enterprise demand.[1] The company evolved with innovations like license monitoring, a procurement solution for renewals, SaaS Management 2.0 with Generative AI and open APIs, and even a lighthearted founders' jam band moment before doubling down on AI expansions.[1]
Torii stands out in the crowded SaaS management space through these key strengths:
Torii rides the explosive growth of SaaS proliferation and AI adoption, where enterprises face shadow IT, exploding costs, and governance gaps amid thousands of apps and emerging LLMs/agentic tech.[1][3] Perfect timing aligns with rising security mandates (e.g., least-privilege, SoD) and audit pressures, as hybrid work and AI tools amplify blind spots—market forces favoring platforms that deliver visibility-first before optimization.[1] By influencing the ecosystem as a category pioneer (pre-dating "SaaS Management" as an industry term) and Gartner Leader, Torii sets standards for AI-extended governance, helping IT/security teams operationalize apps while pushing vendors toward better integrations and compliance.[1][3]
Torii is poised to dominate as the SaaS Governance Co-pilot in an AI-accelerated world, expanding Eko's agentic capabilities to handle next-gen threats like multi-agent AI sprawl and quantum-adjacent optimizations.[1][3] Trends like zero-trust mandates, AI regulations, and cost-crunch cycles will amplify demand, potentially driving further funding and acquisitions. Its influence could evolve from pioneer to ecosystem orchestrator, standardizing governance as SaaS/AI stacks grow more complex—cementing its role in simplifying software chaos for tomorrow's enterprises.[1][3]
Torii has raised $68.0M across 5 funding rounds. Most recently, it raised $50.0M Series B in February 2022.
