Fundraising Fox

Tugboat Logic

Burlingame, US · Founded 2017 · Delaware corporation · 2 known investors

Automated framework for setting up security programs for large enterprises.

Founders & leadership

Tugboat Logic was founded in 2017 by Raymond Kruck.

RK
Raymond KruckFounder
PT
Patrick TaylorNamed on SEC filing
PM
Patrick MurrayNamed on SEC filing
FT
Farzad TariNamed on SEC filing

Investors · 2

WestWave CapitalRedwood City
Inovia Capitalreported · 2 sourcesMontreal · $250K – $8M

Reported raises · per SEC filings

Form D private placements

$12.7M disclosed across 2 rounds · 2019–2020

▶$9MraisedJun 2020 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Shawn AbbottDirector
  • Raymond KruckExecutive Officer, Director
  • Patrick TaylorDirector
  • Farzad TariDirector
Offering amount
$9M
Amount sold
$9M
Minimum investment
$25K
First sale
Mar 2020
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3.7MraisedJul 2019 · 16 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Raymond KruckExecutive Officer, Director
  • Patrick TaylorDirector
  • Patrick MurrayExecutive Officer
  • Farzad TariDirector
Offering amount
$4M
Amount sold
$3.7M
Minimum investment
$15K
First sale
Jun 2019
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 2

by search overlap
Atlassian3 shared keywordsAtlassian offers a teamwork platform combining project planning, knowledge management, and AI orchestration tools for teams and their AI agents. Its products help organizations plan, execute, and deliver work at scale.
Tugboat3 shared keywordsTugboat helps homeowners handle residential insurance claims, offering plain-language advice, licensed expert support, and help to contest denied or underpaid claims and negotiate settlements. It works on a non-contingency-fee basis and also provides pre-claim policy reviews and free claim support in major disaster zones.

Companies competing with Tugboat Logic for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Tugboat Logic Review: Is It the Right Compliance Tool for Your Business?sprinto.com · Sep 2025Tugboat Logic raises $10.8 million in a round led by Inovia Capital - The Logicthelogic.co · Jun 2020Tugboat Logic closes $8m funding round after strong year of growthfintech.global · May 2020Tugboat Logic Secures Funding to Expand its Security Assurance as a Service Platformprnewswire.com · May 2020Tugboat Logic Raises US$8M in Funding - FinSMEsfinsmes.com · May 2020Tugboat Logic Accelerates Momentum with Record 300% YoY Revenue Growthstreetinsider.com

Frequently asked questions

What does Tugboat Logic do?
Automated framework for setting up security programs for large enterprises.
Who founded Tugboat Logic?
Tugboat Logic was founded by Raymond Kruck in 2017.
Who are Tugboat Logic's investors?
Tugboat Logic's investors include WestWave Capital, Inovia Capital.
How much funding has Tugboat Logic raised?
Tugboat Logic has disclosed $12.7M raised across 2 rounds.
Where is Tugboat Logic headquartered?
Tugboat Logic is headquartered in Burlingame, US.