About Toro
Toro is a company based in Minneapolis (United States) founded in 1914.. The company has 11,110 employees as of October 31, 2024. Toro has completed 11 acquisitions, including BOSS Snowplow, Charles Machine Works and Intimidator Group.
- Headquarter Minneapolis, United States
- Employees 11110 as on 31 Oct, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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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 Toro Company (The)
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Annual Revenue
$4.58 B0.86as on Oct 31, 2024
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Net Profit
$418.9 M27.05as on Oct 31, 2024
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EBITDA
$650.2 M-5.29as on Oct 31, 2024
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Latest Funding Round
- Investors
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Employee Count
11110
as on Oct 31, 2024
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Investments & Acquisitions
BOSS Snowplow
& 10 more
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IPO & Listings of Toro
Toro is a publicly listed company on the NYSE with ticker symbol TTC in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Toro
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Grant - Toro | Valuation |
investors |
| 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 Toro
Toro has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Toro
Toro has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include BOSS Snowplow, Charles Machine Works and Intimidator Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Autonomous snow clearing robots are developed for roadways.
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2016 | ||||
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Autonomous turf mowing machines are developed and provided.
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2014 | ||||
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Automotive aftermarket accessories are manufactured by Intimidator Group.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Toro
| 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 |
Toro Comparisons
Competitors of Toro
| 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 Toro
Frequently Asked Questions about Toro
When was Toro founded?
Toro was founded in 1914 and raised its 1st funding round 108 years after it was founded.
Where is Toro located?
Toro is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Who is the current CEO of Toro?
Rick Olson is the current CEO of Toro.
How many employees does Toro have?
As of Oct 31, 2024, the latest employee count at Toro is 11,110.
What is the annual revenue of Toro?
Annual revenue of Toro is $4.58B as on Oct 31, 2024.
What does Toro do?
Toro was founded in 1914 in Minneapolis, United States, and operates in the agriculture and turf care sector. Machinery for turf management, including lawn mowers, yard tools, controllers, sensors, remotes, and utility vehicles, is produced. Irrigation systems for agricultural use, such as drip irrigation, injectors, emission devices, and filtration systems, are also manufactured to support farming operations.
Is Toro publicly traded?
Yes, Toro is publicly traded on NYSE under the ticker symbol TTC.
How many acquisitions has Toro made?
Toro has made 11 acquisitions, including BOSS Snowplow, Charles Machine Works, and Intimidator Group.
Who are Toro's investors?
Toro has 1 investor. Key investors include European Union.
What is Toro's ticker symbol?
The ticker symbol of Toro is TTC on NYSE.
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