What is Toss Lab?
Toss Lab is the company behind JANDI, an AI-powered collaboration tool designed to enhance productivity for individuals and organizations. JANDI operates on a messenger-based platform, leveraging artificial intelligence to unlock the full potential of messaging. Its features include contextual summarization, improved information retrieval, and content generation capabilities, aiming to streamline communication and knowledge management within teams. The company is positioned to address the growing demand for intelligent workplace solutions that boost efficiency and collaboration.
How much funding has Toss Lab raised?
Toss Lab has raised a total of $19.2M across 4 funding rounds:
Angel/Seed
$2M
Debt
$2.5M
Series A
$1.7M
Series B
$13M
Angel/Seed (2014): $2M with participation from Cherubic Ventures and SoftBank Ventures
Debt (2015): $2.5M led by Qualcomm Ventures and HnAP
Series A (2017): $1.7M, investors not publicly disclosed
Series B (2020): $13M featuring SV Investment Partners, Atinum Investment Co., Ltd, T Investment, Must Asset Management, Shinhan Capital, SoftBank Ventures Asia, and SparkLabs
Key Investors in Toss Lab
SoftBank Ventures
Founded in 2000, SoftBank Ventures Asia is the early-stage venture capital arm of the SoftBank Group. Its expertise lies in ICT investments including AI, IoT, and smart robotics. SoftBank Ventures Asia looks for early to growth-stage start-ups that have strong business potential in the global market and assist them to be plugged into the SoftBank ecosystem by facilitating side-by-side growth. SoftBank Ventures Asia currently operates approx. $1.5B under management, investing in innovative technology start-ups across the world.
Qualcomm Ventures
Qualcomm Incorporated operates as a global leader in wireless technology innovation, driving the development of advanced digital communication systems across multiple generations. Through its licensing and semiconductor businesses, the company delivers cutting edge solutions that power mobile devices, networks, and connected ecosystems. Its research and development efforts continue to shape the evolution of connectivity, enabling seamless access to information, entertainment, and communication worldwide.
Cherubic Ventures
Cherubic Ventures is an early-stage venture capital firm based in Silicon Valley and Greater China, focusing on investing in ambitious founders from angel to pre-IPO stages. The firm has a diverse portfolio that includes successful companies like Hims & Hers, Calm, and Flexport, showcasing its commitment to supporting innovative startups across various industries. Cherubic Ventures aims to partner with visionary entrepreneurs who can identify and seize market opportunities before they become mainstream. With a strong emphasis on building long-term relationships, Cherubic Ventures positions itself as a trusted ally for founders navigating the challenges of startup growth.
What's next for Toss Lab?
With the recent injection of $13M in strategic investment, Toss Lab is poised for accelerated growth and product enhancement. The company's focus on AI-driven features for its collaboration platform, JANDI, suggests a strategic direction towards deeper integration of intelligent automation in workplace communication. This funding will likely support scaling operations, expanding its user base, and further developing its AI capabilities to maintain a competitive edge. The enterprise-level backing indicates confidence from investors in Toss Lab's long-term vision and its ability to capture a significant share of the evolving collaboration software market.
See full Toss Lab company page
