About Toggle
Toggle is a Real Estate & Construction company based in New York (United States) founded in 2016 by Ian Cohen. Provider of automation solutions for rebar fabrication. It operates in the Real Estate & Construction and Industrial Goods & Manufacturing sectors. 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. Its focus areas include High Tech, Professional Service Robots, Robots as a Service and Construction. Its competitors include Diamond Age, Construction Robotics and Raise Robotics; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Total Equity Funding$14.57M (USD)
in 4 rounds
- Latest Funding Round$3M (USD), Series A
Jan 2023
- InvestorsTokyu Construction
& 8 more
Products & Services of Toggle
Toggle offers a comprehensive portfolio of products and services, including Toggle OS, Weaver Workcell, and Factory On-Demand.
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.
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 $14.57M
- Total Rounds 4
- Last Round Series A — $3M
- First Round $570,000
(Dec 2018)
- Investors Count 9
All 4 funding rounds of Toggle with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2023 | $3M | Series A | – | Tokyu Construction | – |
| Jun 2021 | $8M | Series A | – | Tribeca Venture Partners | |
| Oct 2019 | $3M | Seed | – | Point72 Ventures | |
| Dec 2018 | $570,000 | Seed | – | URBAN-X | – |
9 investors in total: 8 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage VC firm investing in the US | tribecavp.com | New York, United States | ||
Tech and offline focused VC firm investing in geographies such as the US | blackhornvc.com | Boulder, United States | ||
Venture capital fund focused on seed to growth stage fintech, deep tech, and enterprise tech companies | p72.vc | New York, United States | ||
Empire State Development is focused on economic growth in New York. | esd.ny.gov | New York, United States | ||
| twentyseven.ventures | ||||
| urban-x.com | ||||
Provider of construction contracting services | 1946 | tokyu-cnst.co.jp | Shibuya, Japan | |
Early-stage investments are provided in EdTech and Future of Work sectors by 27V. | 27v.vc | |||
MC Mark Cuban | American billionaire, angel investor, Shark Tank star, and Dallas Mavericks owner | unknown_e8ecb07b6c614a1aa |
Investor details for Toggle
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Toggle
8 people are tracked at Toggle (3 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Ian Cohen | Co-Founder & COO | Leadership |
Andreas Thoma | Director of Digital Fabrication | Leadership |
Daniel Blank | CEO & Co-Founder | Leadership |
Tanaya Bhave | Lead Robotics And Mechatronics Engineer | Team |
Parth Sheth | Advisor | Team |
Michael Emmanuel Kohlios | Robotics Engineer | Team |
Lukas Stadelmann | Robotics and Mechatronics Engineer | Team |
Matteo Pacher | Software Engineer | Team |
Complete people profiles for Toggle
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Toggle
3 dated milestones of Toggle across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Toggle is founded.
- Funding First funding round of $570K.
- Funding Latest funding round, Series A, of $3.0M.
Competitors of Toggle
Toggle has 3 listed competitors in our database, 3 of them funded. They include Diamond Age, Construction Robotics and Raise Robotics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| diamondage3d.com | 2021 | Phoenix, United States | $58M | Innovative construction robotics solutions and automation platforms are provided. | ||
| construction-robotics.com | 2008 | Victor, United States | $694,485 | 22 | Semi-automated masonry robots are developed to assist bricklayers. | |
| raiserobotics.ai | 2021 | San Francisco, United States | $20.06M | On-site construction robots are provided to contractors for bracket tasks. |
Detailed competitors of Toggle
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Toggle
The website of Toggle (toggle.is) receives about 2.1K visits a month.
- Monthly visits2.1K
▼ 3.5% vs previous month
Top companies in Construction & Building Tech
3 companies that operate in the same segment as Toggle (Construction & Building Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
SaaS project management software is provided for construction professionals. | 2003 | Carpinteria, California, United States | USD 406.15 M | USD 1.32 B | 4,927 | |
Business management software is offered for home service providers. | 2007 | Glendale, California, United States | USD 1.1 B | USD 960.97 M | 3,049 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | USD 3.59 B | 12,100 |
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Related news about Toggle
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Frequently Asked Questions about Toggle
Toggle was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Toggle is headquartered in New York, United States. It is registered at New York, New York, United States.
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 $570K, raised on Dec 2018.
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.
Toggle's top competitors include Diamond Age, Raise Robotics and Construction Robotics.
Toggle offers Toggle OS, Weaver Workcell, and Factory On-Demand.
Toggle has 9 investors. Key investors include Tokyu Construction, Tribeca Venture Partners, Blackhorn Ventures, Point72 Ventures, and 27V.