About Toss
Toss is a Financial Services company based in Seoul (South Korea) founded in 2011 by Lee Seung-gun. App-based platform for banking, investment, and insurance services is provided. It operates in the Financial Services and Technology sectors. Toss has raised $1.25 billion across 10 funding rounds from investors including PayPal, Industrial Bank of Korea and Kleiner Perkins. The company has 3,375 employees. Toss has completed 1 acquisition, including Tada Tada. Toss was last valued at $7 billion in December 2022. Its chief executive, as recorded, is Lee Seung-gun. Its website toss.im draws about 9.4 million monthly visits. Toss offers products and services including Toss App and Toss Payments. Its focus areas include FinTech, Payments, Business Payments and Online Payments. Its legal entity in India is Viva Republic Co Limited (U99999MH1977PLC010754).
Company details
Toss was founded in 2011 in Seoul, South Korea, as a fintech company. An app-based platform is operated for managing banking, investments, and insurance. Services include money transfers, payment splitting, QR code scanning, card management, credit score checks, loan recommendations, and expense tracking. Multi-asset investment options such as stocks, bonds, mutual funds, real estate, and securities are supported. The application is available on Android and iOS devices.
- Headquarters Seoul, South Korea
- Employees 3,375
- Founders Lee Seung-gun
- Stage Unicorn
- SectorsFinancial ServicesTechnology
- Website category Finance
- Email••••••••
- Phone•••• ••••
- Website toss.im
- Social LinkedIn X Facebook Instagram
- Legal Name Viva Republic Co Limited
- Date of Incorporation 10 Aug, 1977
- Jurisdiction Maharashtra, India
- Annual Revenue$412.46 M (USD)-32as on Dec 31, 2022
- Net Profit-$126.69 M (USD)-175as on Dec 31, 2022
- EBITDA-$132.15 M (USD)23as on Dec 31, 2022
- Total Equity Funding$1.25B (USD)
in 10 rounds
- Latest Funding Round$174.63M (USD), Series G
Dec 2022
- InvestorsPayPal
& 44 more
- Employee Count3,375
- Investments & Acquisitions
Associated legal entities of Toss
Toss operates through , (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| , CIN U99999MH1977PLC010754 | Active | 10 Aug 1977 | Nanded, Maharashtra | View details |
Products & Services of Toss
Toss offers a comprehensive portfolio of products and services, including Toss App and Toss Payments.
Mobile app for overseeing accounts, transfers, and investments securely.
Tool for business transactions and fee-free money transfers.
Funding Insights of Toss
Toss has successfully raised a total of $1.25B across 10 strategic funding rounds. The most recent funding activity was a Series G round of $174.63 million completed in December 2022. 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 $1.25B
- Total Rounds 10
- Last Round Series G — $174.63M
- First Round $4.2M
(Jul 2015)
- Investors Count 45
All 10 funding rounds of Toss 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 |
|---|---|---|---|---|---|
| Dec 2022 | $174.63M | Series G | – | Tonic | |
| Jul 2022 | $228M | Series G | – | Altos Ventures Management | |
| Jun 2021 | $410M | Series F | $7.4B | Alkeon Capital Management | |
| Aug 2020 | $173M | Series E | – | Sequoia Capital China | |
| Aug 2019 | $64M | Series D | – | Aspex Management | |
| Dec 2018 | $80M | Series D | $1.2B | Kleiner Perkins, Ribbit Capital | |
| Jun 2018 | $40M | Series C | – | GIC, Sequoia Capital China | – |
| Mar 2017 | $48M | Series C | – | Goodwater Capital | |
| Sep 2016 | $23.7M | Series B | – | Goodwater Capital, Qualcomm Ventures | |
| Jul 2015 | $4.2M | Series A | – | KTB Network, Altos Ventures Management | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2021 | $7.4B | •••••••• |
| Dec 2018 | $1.2B | •••••••• |
Last known valuation $7B (Dec 2022). 45 investors in total: 45 institutional.
Investors in Toss
Toss has secured backing from 45 investors, including venture fund and institutional investors. Prominent investors backing the company include PayPal, Industrial Bank of Korea and Kleiner Perkins.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tonic Private Equity is engaged in private equity investments. | tonic-pe.com | Seoul, South Korea | ||
Early-stage companies are funded by this venture capital firm. | altos.vc | Menlo Park, United States | ||
Investments in consumer tech sectors are managed by Goodwater Capital. | goodwatercap.com | Burlingame, United States | ||
Venture capital fund focused on making growth equity investments across tech startups | greyhoundcapital.com | London, United Kingdom | ||
Investments in multiple sectors are made by Bond Capital. | bondcap.com | San Francisco, United States | ||
VC fund focused on equity markets | 2002 | alkeoncapital.com | New York, United States | |
Venture capital firm investing in early-stage tech startups | 1972 | kleinerperkins.com | Menlo Park, United States | |
Sovereign wealth is managed and private equity investments are facilitated. | gic.com.sg | Singapore, Singapore | ||
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Stage & sector-agnostic VC firm funding companies in South Korea and the US | 1981 | ktbnetwork.com | Seongnam-si, South Korea |
Investor details for Toss
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Toss
54 people are tracked at Toss (14 in leadership, 40 in team); the tracked headcount is 3,375.
| Name | Role | Group |
|---|---|---|
Lee Seung-gun | Founder & CEO | Leadership |
SG Lee | CEO & Co-founder | Leadership |
Chaewon L. | Recruiting Business Partner | Leadership |
Kyle Seo | Finance Manager (cfo Staff) | Leadership |
Hugh Seo | CFO | Leadership |
Junghwan Lee | Head Of Staff To CFO / Finance Excellence Team Leader | Leadership |
Qha Steve Kim | Chief Business Officer | Leadership |
Joo Young Kim | Recruiting Business Partner | Leadership |
Yu Lee Bae | Recruiting Business Partner | Leadership |
Kevin Oh | Head Of Investor Relations | Leadership |
Hyunwoo Seo | Head Of Operations | Leadership |
Tony Park | Head Of Culture And Leadership | Leadership |
Minwoo Kim | Head Of Corporate Finance | Leadership |
Minho Yoon | Human Resources Business Partner | Leadership |
Mason Mingon Kwak | Leadership Talent Manager | Team |
보명 김 | Unknown Role | Team |
Bina Jin | Operations Specialist | Team |
Ko Kyungseok | Security Enginner | Team |
Chanmin Kim | Account Manager (간편결제) | Team |
Jungphil Kim | Leadership Talent Acquisition Team Leader | Team |
34 more people are available in the full profile.
Complete people profiles for Toss
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
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Investments & Acquisitions by Toss
Toss has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tada Tada.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
App-based ride-hailing platform | tadatada.com | Seoul, South Korea | 2006 | Oct 2021 | •••• |
Complete acquisition details for Toss
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Timeline of Toss
5 dated milestones of Toss across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Toss is founded.
- Funding First funding round of $4.2M.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Tada Tada.
- Funding Latest funding round, Series G, of $174.6M.
Web traffic of Toss
The website of Toss (toss.im) receives about 9.4M visits a month and ranks #7,022 among all websites worldwide, #446 in Finance.
- Monthly visits9.4M
▲ 7.1% vs previous month
- Unique visitors3.3M
per month
- Global rank#7,022
among all websites
- Category rank#446
Finance · Finance
- Bounce rate47%
- Pages per visit3.2
- Average visit3 min 04 sec
- DevicesDesktop 31% · Mobile 69%
Websites whose visitors overlap most with Toss. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
tossinvest.com | tossinvest.com | 100% | #1,842 | – | |
| teamblind.com | 78% | 16.3M | #3,301 | View details | |
unisign.co.kr | unisign.co.kr | 72% | #65,019 | – | |
finance.daum.net | finance.daum.net | 71% | #15,246 | – | |
| coinness.com | 71% | 819.2K | #54,979 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Toss
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Related news about Toss
Complete news archive for Toss
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Frequently Asked Questions about Toss
Toss was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Toss is headquartered in Seoul, South Korea. It is registered at Seoul, Seoul, South Korea.
Lee Seung-gun is the CEO of Toss, as recorded in our data. They have also founded this company.
Toss is a funded company, having raised a total of $1.25B across 10 funding rounds to date. The company's 1st funding round was a Series A of $4.2M, raised on Jul 2015.
Toss has 3,375 employees.
Annual revenue of Toss is $412.46M as on Dec 31, 2022.
Toss was founded in 2011 in Seoul, South Korea, as a fintech company. An app-based platform is operated for managing banking, investments, and insurance. Services include money transfers, payment splitting, QR code scanning, card management, credit score checks, loan recommendations, and expense tracking. Multi-asset investment options such as stocks, bonds, mutual funds, real estate, and securities are supported. The application is available on Android and iOS devices.
Toss offers Toss App and Toss Payments.
Toss has made 1 acquisition, including Tada Tada.
Toss has 45 investors. Key investors include PayPal, Industrial Bank of Korea, Kleiner Perkins, Bessemer Venture Partners, and Mirae Asset.
The valuation of Toss is $7B as of Dec 2022.
Toss operates through ,.