Torii is a SaaS management platform that utilizes AI-driven discovery to identify and optimize software applications, enabling organizations to uncover hidden SaaS usage and reduce costs by over 30%. The platform automates IT workflows for user lifecycle management and application optimization, providing a centralized system for tracking and managing SaaS expenses.
Funding
$65M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
TGFounders
Product
Problem
Many organizations struggle with visibility into their SaaS application landscape, leading to uncontrolled spending, redundant applications, and security risks associated with shadow IT. IT departments lack a centralized system to effectively manage the entire SaaS lifecycle, from onboarding and offboarding to license optimization and renewal management.
Solution
Torii provides a SaaS management platform (SMP) that gives IT departments comprehensive visibility and control over their SaaS ecosystem. Using AI-driven discovery, Torii identifies up to 4x more SaaS applications than traditional methods, uncovering shadow IT and creating a trusted system of record. The platform automates key IT workflows, including user onboarding/offboarding, application lifecycle management, and cost-saving recommendations, freeing up valuable time for IT staff. Torii's open platform and API allow for customization and integration with existing IT tools, enabling organizations to manage their entire SaaS stack in a unified manner.
Target Audience
Torii is designed for IT departments and SaaS Ops teams in mid-sized to large organizations that need to gain control over their SaaS environment, reduce costs, and improve security.
Features
- AI-powered discovery engine that identifies SaaS applications, including shadow IT
- Centralized dashboard for managing SaaS spend, licenses, and usage
- Automated workflows for user onboarding and offboarding, license optimization, and application lifecycle management
- Cost-saving recommendations to eliminate unused apps, consolidate redundant tools, and downgrade underutilized licenses
- Open API and developer community for building custom integrations and extending platform capabilities
- Browser extension for enhanced SaaS discovery and management
- Real-time event triggers for proactive management of SaaS applications