Tanda

Brisbane – September 12, 2026 -- Thoma Bravo, the world's largest software-focused investment firm with approximately $170 billion in assets under management, has made a strategic growth investment in Tanda, a workforce management, payroll and HR platform for shift-based workers serving roughly 8,000 businesses globally.

Tanda ends 14 years of bootstrapped operations with first outside investor

Founded in 2012 by co-founders who were then university housemates, Tanda took its first external capital after building the business without outside funding for 14 years. Terms of the transaction were not disclosed. Co-founder and Chief Executive Officer Jake Phillpot will continue leading the company, with the founding team retaining significant shareholdings.