M&A Deal Summary

Zuora Acquires Togai

On April 30, 2024, Zuora acquired internet software and services company Togai

Acquisition Highlights
  • This is Zuora’s 4th transaction in the Internet Software and Services sector.
  • This is Zuora’s 3rd transaction in the United States.
  • This is Zuora’s 1st transaction in Delaware.

M&A Deal Summary
Date 2024-04-30
Target Togai
Sector Internet Software and Services
Buyer(s) Zuora
Deal Type Add-on Acquisition

Target

Togai

Wilmington, Delaware, United States
Togai provides a comprehensive solution for metering, rating, and billing customers based on any pricing model. Togai was founded in 2022 and is based in Wilmington, Delaware.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Zuora

Redwood City, California, United States
Category Company
Founded 2006
Sector Internet Software and Services
Employees1,400
Revenue 432M USD (2024)
DESCRIPTION
Entrance to Zuora headquarters in Foster City, California.
Entrance to Zuora headquarters in Foster City, California.

Zuora is a global SaaS platform powering subscription-based business models. Zuora's applications are designed to automate billing, commerce, and finance operations for companies providing subscription-based services. Zuora was founded in 2006 and is based in Redwood City, California.

DEAL STATS #
Overall 4 of 5
Sector (Internet Software and Services) 4 of 5
Type (Add-on Acquisition) 4 of 5
State (Delaware) 1 of 1
Country (United States) 3 of 3
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-24 Zephr

London, United Kingdom

Zephr is a provider of subscription experience platform focused on accelerating revenue growth for the world’s leading digital publishing and media companies. Zephr is based in London, United Kingdom.

Buy $44M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-18 Sub

London, United Kingdom

Sub(x) is an AI solution for digital publishing and media companies uses reinforcement learning powered by first-party data that enables companies to optimize conversion without the need for manual testing and experimentation. Sub(x) is based in London, United Kingdom.

Buy -
Mergr

Product

Company

Legal