Toolio

Rocket science retailing made easy. ๐Ÿš€

General Information
Company Name
Toolio
Founded Year
2019
Location (Offices)
Brooklyn, United States +2
Founders / Decision Makers
Number of Employees
73
Industries
Finance, Retail, SaaS
Funding Stage
Series A
Social Media

Toolio - Company Profile

Toolio, with the slogan "Rocket science retailing made easy. ๐Ÿš€", is a cloud-based Merchandising Platform that aims to simplify the complexities of the retail landscape. It provides automation of critical workflows, real-time insights, and remote collaboration, empowering retailers to make faster, data-driven decisions about their most important assetโ€”inventory. Founded in 2019, Toolio is a global operation with headquarters in New York City and offices in Istanbul. The company, built by an ex-Walmart team of second-time entrepreneurs, has gained significant support from top VCs and apparel industry executives. Its latest milestone includes a $8.00M Series A investment on 21 October 2021, with participation from notable investors including Founder Collective, Jump Capital, Max Ventures, Rho Capital Partners, and Notation Capital. Through its innovative approach, Toolio is positioned to transform the retail industry, offering retailers the tools to navigate the future by making informed decisions. For more insights, one can visit toolio.com to learn how Toolio can streamline retail operations and drive success in an ever-changing market.

Taxonomy: Merchandising Platform, Retail-Tech, Inventory Management, Merchandise Planning, Demand Forecasting, Allocation, Assortment Planning, Buy Planning

Funding Rounds & Investors of Toolio (2)

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Funding Stage Amount No. Investors Investors Date
Series A $8.00M 5 21 Oct 2021
Seed Round $2.28M 4 Nicholas Chirls 25 Mar 2019

Latest News of Toolio

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No recent news or press coverage available for Toolio.

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