About ToolBelt
ToolBelt is a company based in Vancouver (United States) founded in 2019.. ToolBelt has raised $10.74 million across 6 funding rounds from investors including Saint-Gobain, Elevate Capital and Cascade Seed Fund. ToolBelt offers products and services including Job Posting Service, Labor Profiles, and Matching Algorithm. ToolBelt operates in a competitive market with competitors including Instawork, Jobandtalent, Wonolo, Traba and WorkWhile, among others.
- Headquarter Vancouver, United States
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Sectors
Real Estate & ConstructionTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Toolbelt, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.74 M (USD)
in 6 rounds
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Latest Funding Round
$3.2 M (USD), Seed
Dec 05, 2023
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Investors
Saint-Gobain
& 2 more
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Employee Count
Employee Count
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Products & Services of ToolBelt
ToolBelt offers a comprehensive portfolio of products and services, including Job Posting Service, Labor Profiles, and Matching Algorithm. 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.
Service for posting construction projects and attracting labor
Feature to view detailed profiles of skilled tradespeople
Tool that connects users with suitable labor based on project needs
Unlock access to complete
Funding Insights of ToolBelt
ToolBelt has successfully raised a total of $10.74M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $3.2 million completed in December 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 6
- Last Round Seed — $3.2M
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First Round
First Round
(01 Jun 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Seed - ToolBelt | Valuation |
investors |
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| May, 2023 | Amount | Seed - ToolBelt | Valuation |
investors |
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| Sep, 2022 | Amount | Seed - ToolBelt | 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 ToolBelt
ToolBelt has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Saint-Gobain, Elevate Capital and Cascade Seed Fund. 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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Venture capital fund focused on underserved entrepreneurs is provided.
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Founded Year | Domain | Location | |
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Early-stage software companies are funded by Cascade Seed Fund.
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Founded Year | Domain | Location | |
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Construction products and innovative materials are manufactured by Saint-Gobain.
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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 ToolBelt
| 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 - ToolBelt
| 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 |
Toolbelt Comparisons
Competitors of ToolBelt
ToolBelt 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 Instawork, Jobandtalent, Wonolo, Traba and WorkWhile, 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 |
Cloud-based on-demand staffing platform for multi-industry
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| domain | founded_year | HQ Location |
On-demand staffing is enabled via a cloud-based matching platform.
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| domain | founded_year | HQ Location |
On-demand staffing platform is operated for job matching and shifts.
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| domain | founded_year | HQ Location |
Online platform for contract workforce recruitment
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| domain | founded_year | HQ Location |
Positions are filled with pre-screened workers via mobile recruitment app.
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| domain | founded_year | HQ Location |
Contractors and suppliers are managed via an online platform.
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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 Toolbelt
Frequently Asked Questions about ToolBelt
When was ToolBelt founded?
ToolBelt was founded in 2019.
Where is ToolBelt located?
ToolBelt is headquartered in Vancouver, United States. It is registered at Vancouver, Washington, United States.
Is ToolBelt a funded company?
ToolBelt is a funded company, having raised a total of $10.74M across 6 funding rounds to date. The company's 1st funding round was a Seed of $160K, raised on Jun 01, 2019.
What does ToolBelt do?
ToolBelt was founded in 2019 in Vancouver, United States, as a SaaS platform in the construction sector. Builders and remodelers are linked with subcontractors and skilled tradespeople through its services. Project listings are facilitated, along with scouting for project-ready talent and sharing of digital documents like bids, proposals, and quotes. Operations include a mobile app available on Android and iOS devices.
Who are the top competitors of ToolBelt?
ToolBelt's top competitors include Instawork, Jobandtalent and Wonolo.
What products or services does ToolBelt offer?
ToolBelt offers Job Posting Service, Labor Profiles, and Matching Algorithm.
Who are ToolBelt's investors?
ToolBelt has 3 investors. Key investors include Saint-Gobain, Elevate Capital, and Cascade Seed Fund.
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