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Tignis Revenue & Funding (2024)

Developer of predictive and proactive support technologies designed to capitalize on the profound advantages of real-time edge computing. The company's technologies monitor performance data while products are in use, quickly identify performance issues and proactively predict problems before the occurrence, enabling hardware and software vendors to monetize the IoT connectivity of their components and rapidly launch revenue-generating remote monitoring and proactive maintenance services with minimal risk and upfront cost.

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Tignis Revenue

In 2024, Tignis's revenue reached $3M. The company previously reported $2.1M in 2023. Since its launch in 2017, Tignis has shown consistent revenue growth.

Tignis Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$750K$1.5M$2.3M$3M$3.8M20172018201920202021202220232024$0$1.2M$2.1M$3MSource: GetLatka.com
YearMilestoneSource
2024Tignis Hit $3m revenue in October 2024Estimated
2023Tignis Hit $2.1m revenue in December 2023Estimated
2021Tignis Hit $1.2m revenue in April 2021
2017Launched with $0 revenue

Tignis Valuation, Funding Rounds

Tignis has not publicly disclosed its valuation. The company has raised $7.5M in total funding to date.

Tignis has raised $7.5M in total funding across 2 rounds, with its most recent round in 2019.

Tignis Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$2M$0.4$4M$0.6$6M$0.8$8M$1$10M201720182019Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2019Funding round$4.7M--
2018Funding round$2.8M--

Founder / CEO

Jon Herlocker

CEO

CEO, Founder, Engineer - Creating technology advancements to enable more efficient, reliable, and autonomous plant operations. Jon is a deep technologist and experienced executive in both on-premises enterprise software and consumer SaaS businesses. In his prior leadership roles, he was Vice President and CTO of VMware’s Cloud Management Business Unit, which generated $1.2B/year for VMware. Other positions include CTO of Mozy, and CTO of EMC’s Cloud Services division.As a co-founder of Tignis, Jon is an experienced entrepreneur, having founded two other startup companies. He sold his last startup, Smart Desktop, to Pi Corporation in 2006. Jon is a former tenured professor of Computer Science at Oregon State University, and his highly-cited academic research work was awarded the prestigious 2010 ACM Software System Award for contributions to the field of recommendation systems. Jon holds a Ph.D. in Computer Science from the University of Minnesota, and a B.S. in Mathematics and Computer Science from Lewis and Clark College

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Customers

We do not have customer count information for Tignis yet.

Tignis Employees & Team Size

Tignis employs approximately 28 people as of 2026, including 1 sales reps that carry a quota.

Tignis Team GrowthReported headcount over time061218243020172018201920202021202220232024002828Source: GetLatka.com
YearMilestoneSource
2024Reached 28 employees (October 2024)
2023Reached 28 employees (December 2023)
2022Reached 24 employees (December 2022)
2021Reached 20 employees (December 2021)
2021Reached 19 employees (April 2021)

Frequently Asked Questions about Tignis

What is Tignis's revenue?

Tignis generates an estimated $3M in annual revenue.

Who founded Tignis?

Tignis was founded by Jon Herlocker.

Who is the CEO of Tignis?

The CEO of Tignis is Jon Herlocker.

How much funding does Tignis have?

Tignis raised $7.5M across 2 rounds.

How many employees does Tignis have?

Tignis has 28 employees.

Where is Tignis headquarters?

Tignis is headquartered in Seattle, Washington, United States.

Compare Tignis to the industry

Tignis operates across multiple industries. Browse revenue, funding, and growth data for Tignis in each sector below.

Data and Sources

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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Tignis Revenue 2024: $3M Est. ARR, $7.5M Raised