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Toronto, Ontario, Canada
Tenzing is a provider of products and services that enhance performance, maintain security and simplify compliance for retailers and manufacturers. The company deploys, manages and optimizes software and infrastructure for leading commerce platforms from partners such as Oracle, Hybris, Magento and IBM. The company continues to grow by making periodic small acquisitions.
Last updated
In 2021, Tenzing's revenue reached $1.4M. Since its launch in 1998, Tenzing has shown consistent revenue growth.
Tenzing reached a $4.3M valuation in 2025, set during its M&A Offer round.
Tenzing has raised $12M in total funding across 1 round, with its most recent round in 2000.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $4.3M | - | |
| 2000 | Funding round | $12M | - | - |
CEO
Brian Shepard's leadership has allowed him to evolve a modest web hosting company established in 2002 into Tenzing Managed IT Services, a rapidly growing and highly successful managed hosting company that addresses the needs of SaaS and Ecommerce providers. Tenzing's success has been built upon Brian's continued focus on building a great team, strategic industry partnerships, acquisitions and building a forward thinking and dynamic corporate culture. Under Brian's leadership, Tenzing ranked among Canada's fastest growing IT companies and is a recognized leader in its field. After Brian stepped down as CEO of Tenzing in 2015, the company rebranded as Pivotree, and later went public on the TSX in October of 2020. Brian's deep passion for the financial markets and expertise building technology companies led him to start 7 Cheetahs Trading in 2019. 7 Cheetahs builds next-generation quantitative trading algorithms that leverage advanced data science and machine learning methodologies. Brian is excited to bring his experience building great teams and strategizing rapid growth to the quantitative trading industry. In addition to his own entrepreneurial ventures, Brian acts as a mentor for up and coming entrepreneurs and has helped over a dozen entrepreneurs develop and scale their start-ups. Brian majored in Computer Science and Economics at Brock University. Specialties: Leadership, strategy, business development, software as a service, Ecommerce, business dashboards, financing (private equity, venture capital, working capital and debt), contract negotiation, business modeling and financial oversight
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We do not have customer count information for Tenzing yet.
Tenzing employs approximately 25 people as of 2026, including 3 sales reps that carry a quota.
Tenzing generates $1.4M in revenue.
Tenzing was founded by Brian Shepard.
The CEO of Tenzing is Brian Shepard.
Tenzing raised $12M across 1 round.
Tenzing has 25 employees.
Tenzing is headquartered in Toronto, Ontario, Canada.
Tenzing operates across multiple industries. Browse revenue, funding, and growth data for Tenzing in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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Valuation
$4.3M
2021 Revenue
$1.4M
Funding
$12M
Team
25
Founded
1998
| Year | Milestone | Source |
|---|---|---|
| 2021 | Tenzing Hit $1.4m revenue in April 2021 | |
| 1998 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 25 employees (April 2021) |
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