Tonkean Inc.

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A Tonkean Inc. is an American LegalTech startup.

  • Context:
    • It can (typically) offer Tonkean Products, such as:
      • ProcurementWorks, which automates and orchestrates the procurement process, integrating with platforms like SAP Ariba.
      • LegalWorks, designed to streamline legal operations by providing tools for intake and process automation.
      • Collaborative Intake, enabling cross-functional, real-time collaboration throughout the intake process.
    • It can (often) integrate with existing enterprise systems, enhancing workflow automation and improving compliance across different departments.
    • It can range from providing simple no-code solutions for workflow automation to offering advanced AI-powered orchestration for complex enterprise needs.
    • It can support large organizations by ensuring full governance and compliance, allowing them to customize workflows without requiring coding expertise.
    • ...
  • Example(s):
    • Tonkean, 2015, founded in Palo Alto, California, by Sagi Eliyahu and Offir Talmor, with the goal of simplifying complex business workflows through AI-driven automation.
    • Tonkean, 2019, raised $10 million in Series A funding, which expanded their platform's capabilities and allowed them to delve deeper into the enterprise market.
    • Tonkean, 2020, launched its **ProcurementWorks** and **LegalWorks** products, marking its strategic entry into the procurement and legal sectors.
    • Tonkean, 2023, secured $24 million in Series B funding and introduced the **Collaborative Intake** feature, enhancing real-time collaboration for procurement teams.
    • Tonkean, 2024, announced a partnership with SEIDOR to integrate **ProcurementWorks** with SAP Ariba, expanding its footprint in the enterprise procurement space.
    • ...
  • Counter-Example(s):
  • See: AI-Powered Process Orchestration, No-Code Workflow Automation, LegalTech


References

Tonkean is the first-of-its-kind intake orchestration platform. Powered by AI, Tonkean helps enterprise internal service teams like procurement and legal create process experiences that people actually follow.

Maximize adoption, efficiency, and compliance. Intelligently orchestrate the intake, triage, and resolution of every request.

With a library of preconfigured process templates and a 100% no-code workflow editor, Tonkean is the automation platform of choice for many innovative F500 companies. With full governance controls, enterprises can guarantee compliance while maximizing adoption—all without any change management and no code. Founded in 2015, Tonkean is headquartered in Palo Alto with R&D in Tel Aviv.

Website

   https://tonkean.com 

Verified page

   August 14, 2024 

Industry

   Software Development 

Company size

   51-200 employees 
   73 associated members 

Headquarters

   Palo Alto, California 

Founded

   2016 

Specialties

   decision making, risk analysis, innovation, leadership, management, executives, business intelligence, automation, AI, Software, SaaS, productivity, dashboard, leadership, RPA, business operations, sales operations, legal operations, IT operations, marketing operaitons, people operations, finance operations, and process orchestration