About Joto
Joto is a company based in Hayes (United Kingdom) founded in 2016 by Jamie Wieck. It operates as a Direct-to-Consumer (D2C), and Subscription Services. Joto has raised $258.48 thousand across 2 funding rounds from investors including MassChallenge. The company has 2 employees as of October 31, 2021. Joto offers products and services including Joto Robotic Drawing Board, 365 Days Of Art, and Custom Drawing Machines. Joto operates in a competitive market with competitors including Ai-Da Robot, JJ Robots, Line-us and Paint Joy, among others.
- Headquarter Hayes, United Kingdom
- Employees 2 as on 31 Oct, 2021
- Founders Jamie Wieck
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Sectors
TechnologyBusiness Services Real Estate & Construction Consumer
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Email
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Phone
*********
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Website
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Social
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- Legal Name Those Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$258.48 K (USD)
in 2 rounds
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Latest Funding Round
- Investors
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Employee Count
2
as on Oct 31, 2021
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Products & Services of Joto
Joto offers a comprehensive portfolio of products and services, including Joto Robotic Drawing Board, 365 Days Of Art, and Custom Drawing Machines. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A connected whiteboard that draws with a pen.
Daily art pieces drawn automatically on Joto board.
Custom machines built for art and exhibitions.
Funding Insights of Joto
Joto has successfully raised a total of $258.48K across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(14 Nov 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Grant - Joto | Valuation |
investors |
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| Nov, 2017 | Amount | Seed - Joto | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Joto
Joto has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include MassChallenge. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage entrepreneurs are accelerated through MassChallenge's program.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Joto
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Joto
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Joto Comparisons
Competitors of Joto
Joto operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ai-Da Robot, JJ Robots, Line-us and Paint Joy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Humanoid robot that draws, paints, and explores art through AI technology.
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| domain | founded_year | HQ Location |
Online platform offering Togel Hongkong games and results to users.
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| domain | founded_year | HQ Location |
Internet-connected robot for drawing, sharing sketches, and app-based control.
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| domain | founded_year | HQ Location |
Connects users with painting service providers offering instant quotes for home projects.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Joto
Frequently Asked Questions about Joto
When was Joto founded?
Joto was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Joto located?
Joto is headquartered in Hayes, United Kingdom. It is registered at Hayes, England, United Kingdom.
Is Joto a funded company?
Joto is a funded company, having raised a total of $258.48K across 2 funding rounds to date. The company's 1st funding round was a Seed of $258.48K, raised on Nov 14, 2017.
How many employees does Joto have?
As of Oct 31, 2021, the latest employee count at Joto is 2.
What does Joto do?
Joto is known for developing innovative connected whiteboards that draw with a pen, allowing users to send messages or artwork remotely. The company operates in the consumer electronics sector, focusing on smart home devices. Solutions include the Joto Robotic Drawing Board, a subscription service called 365 Days Of Art, and custom drawing machines for art installations and exhibitions. Products are designed for home, office, and retail environments, with features like WiFi connectivity and refillable pens.
Who are the top competitors of Joto?
Joto's top competitors include Ai-Da Robot, JJ Robots and Line-us.
What products or services does Joto offer?
Joto offers Joto Robotic Drawing Board, 365 Days Of Art, and Custom Drawing Machines.
Who are Joto's investors?
Joto has 1 investor. Key investors include MassChallenge.
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