About Toggle
Toggle is a company based in New York (United States) founded in 2016 by Ian Cohen.. Toggle has raised $14.57 million across 4 funding rounds from investors including Tokyu Construction, Tribeca Venture Partners and Blackhorn Ventures. Toggle offers products and services including Toggle OS, Weaver Workcell, and Factory On-Demand. Toggle operates in a competitive market with competitors including Diamond Age, Shanghai Weijian Technology, Construction Robotics, Monumental and Raise Robotics, among others.
- Headquarter New York, United States
- Founders Ian Cohen
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Sectors
Real Estate & ConstructionIndustrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.57 M (USD)
in 4 rounds
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Latest Funding Round
$3 M (USD), Series A
Jan 01, 2023
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Investors
Tokyu Construction
& 8 more
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Employee Count
Employee Count
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Products & Services of Toggle
Toggle offers a comprehensive portfolio of products and services, including Toggle OS, Weaver Workcell, and Factory On-Demand. 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.
Transforms construction drawings into robotic programs for efficient manufacturing.
Industrial robots for automated pre-assembly of construction materials.
Deploys robotics in facilities for on-time construction material delivery.
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Funding Insights of Toggle
Toggle has successfully raised a total of $14.57M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in January 2023. 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 4
- Last Round Series A — $3.0M
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First Round
First Round
(05 Dec 2018)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series A - Toggle | Valuation | Tokyu Construction |
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| Jun, 2021 | Amount | Series A - Toggle | Valuation | Tribeca Venture Partners | |
| Oct, 2019 | Amount | Seed - Toggle | Valuation | Point72 Ventures |
| 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 Toggle
Toggle has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Tokyu Construction, Tribeca Venture Partners and Blackhorn Ventures. 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 VC firm investing in the US
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Founded Year | Domain | Location | |
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Tech and offline focused VC firm investing in geographies such as the US
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Founded Year | Domain | Location | |
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Venture capital fund focused on seed to growth stage fintech, deep tech, and enterprise tech companies
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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 Toggle
| 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 - Toggle
| 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 |
Toggle Comparisons
Competitors of Toggle
Toggle 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 Diamond Age, Shanghai Weijian Technology, Construction Robotics, Monumental and Raise Robotics, 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 |
Innovative construction robotics solutions and automation platforms are provided.
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| domain | founded_year | HQ Location |
AI-driven robotic solutions for on-site construction are provided.
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| domain | founded_year | HQ Location |
Semi-automated masonry robots are developed to assist bricklayers.
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| domain | founded_year | HQ Location |
Provider of robotic solutions for on-site construction tasks
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| domain | founded_year | HQ Location |
On-site construction robots are provided to contractors for bracket tasks.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Toggle
Frequently Asked Questions about Toggle
When was Toggle founded?
Toggle was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Toggle located?
Toggle is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Toggle a funded company?
Toggle is a funded company, having raised a total of $14.57M across 4 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Dec 05, 2018.
What does Toggle do?
Toggle was founded in 2016 and is based in New York, United States. Solutions for automating rebar fabrication in the construction sector are developed. Software is designed for the digital production of reinforced concrete structures, integrated with industrial robotics hardware. Rebar steel cages are fabricated digitally as a result. Prefabricated and onsite robotic construction methods are utilized to enhance accessibility and affordability of large-scale civil infrastructure projects.
Who are the top competitors of Toggle?
Toggle's top competitors include Diamond Age, Shanghai Weijian Technology and Raise Robotics.
What products or services does Toggle offer?
Toggle offers Toggle OS, Weaver Workcell, and Factory On-Demand.
Who are Toggle's investors?
Toggle has 9 investors. Key investors include Tokyu Construction, Tribeca Venture Partners, Blackhorn Ventures, Point72 Ventures, and 27V.