Torii is a privately owned company headquartered in the US. Founded in 2017, it employs approximately 150 individuals. The company specializes in software development, offering a SaaS management automation platform designed to monitor, measure, and optimize the cost of all SaaS applications run in an organization.
On March 30, 2026, Torii analyzed the widely accepted narrative that the "era of SaaS is over," suggesting the industry is evolving rather than dying. Previously, on March 27, the company released data indicating that Grammarly's enterprise footprint grew threefold in three years, appearing in 47% of customer environments by January 2026, a significant increase from 17% in January 2023. This followed Torii's introduction of the Torii CLI on March 17, an OpenAPI-driven command line interface designed to allow users to explore the Torii API, inspect schemas, and run API calls directly from their terminal. Earlier in the month, on March 10, Torii published insights on tracking AI costs, highlighting the unpredictable nature of AI spending compared to traditional SaaS models, particularly concerning usage caps and incremental pay-as-you-go token-based costs. On March 2, AkitaBox selected Torii to unify its app and identity governance, citing it as the sole platform capable of robustly addressing multiple challenges simultaneously.
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