M&A Deal Summary

Tonkean Acquires Cinch

On December 2, 2025, Tonkean acquired information technology company Cinch

Acquisition Highlights
  • This is Tonkean’s 1st transaction in the Information Technology sector.
  • This is Tonkean’s 1st transaction in Israel.

M&A Deal Summary

Date 2025-12-02
Target Cinch
Sector Information Technology
Buyer(s) Tonkean
Deal Type Add-on Acquisition

Target

Cinch

Tel Aviv, Israel
Cinch is an AI-powered platform that helps enterprise finance and procurement teams automatically capture, organize, and analyze freight and invoice data in real time–turning unstructured documents into actionable spend insights. Cinch is based in Tel Aviv, Israel.

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Buyer(S) 1

Buyer

Tonkean

Palo Alto, California, United States

Category Company
Founded 2015
Sector Information Technology
DESCRIPTION

Tonkean is an AI-powered intake and orchestration platform that helps enterprise shared service teams like procurement, legal, IT, and HR create processes that people actually follow. Its clients use AI to anticipate employees' needs and guide them through their requests. From there, the company orchestration engine supports every stakeholder in the process by automating manual steps and managing the handoffs between people and systems in alignment with policies. Tonkean was founded in 2015 and is headquartered in Palo Alto, CA, with R&D in Tel Aviv, Israel.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Israel M&A 1 of 1
Year: 2025 M&A 1 of 1