How Much Did Tobi Cloud Raise?
Funding & Key Investors

Tobi Cloud has successfully raised $2M in total funding, with its most recent capital infusion amounting to $2M. This major strategic investment, occurring on October 14, 2021, signals a significant milestone for the company as it continues to solidify its position in the NEMT software market. The substantial backing highlights investor confidence in Tobi Cloud's innovative platform and its potential for future growth.

What is Tobi Cloud?

Tobi Cloud
SoftwareSupply Chain Management (SCM) Software

Tobi Cloud provides an integrated, cloud-based platform designed to automate critical operations for Non-Emergency Medical Transportation (NEMT) providers. Its comprehensive software suite handles scheduling, routing, dispatching, and billing, aiming to enhance operational efficiency, ensure regulatory compliance, and elevate the customer experience. By offering real-time monitoring and user-friendly features, Tobi Cloud targets NEMT fleet owners and dispatchers, enabling them to streamline workflows, reduce operational costs, and maximize fleet utilization. The scalability of its cloud solution facilitates seamless integration with existing systems, positioning Tobi as a robust tool for managing NEMT services.

How much funding has Tobi Cloud raised?

Tobi Cloud has raised a total of $2M across 1 funding round:

2021

Private Equity

$2M

Private Equity (2021): $2M with participation from Allison Wood Ventures

Key Investors in Tobi Cloud

Allison Wood Ventures

Allison Wood Ventures is a global investment and venture capital firm that supports emerging growth companies. Their portfolio includes Tobi Cloud, a dispatch solution for non-emergency medical transportation, indicating a focus on technology-enabled logistics and operational efficiency.

What's next for Tobi Cloud?

The recent major strategic investment in Tobi Cloud suggests a phase of accelerated scaling and market penetration. With substantial capital at its disposal, the company is poised to enhance its platform capabilities, expand its service offerings, and potentially broaden its geographic reach. This funding will likely fuel further innovation in NEMT logistics technology, reinforcing Tobi Cloud's competitive advantage. Future developments may include deeper integration with healthcare systems, advanced analytics for operational optimization, and enhanced features to support the evolving demands of the NEMT industry. The company's focus on efficiency and compliance positions it well for sustained growth.

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Frequently Asked Questions Regarding Tobi Cloud Financial Insights

What are the most recent funding rounds that Tobi Cloud has completed, and what were the funding rounds?
Tobi Cloud has recently completed 1 funding rounds: Private Equity on Oct 14, 2021.
What is the total amount of funding Tobi Cloud has raised to date?
Tobi Cloud has raised a total of $2M in funding to date.
How many funding rounds has Tobi Cloud completed?
Tobi Cloud has completed 1 funding rounds.
How much funding did Tobi Cloud raise in its most recent funding round?
Tobi Cloud raised $2M in its most recent funding round.
Who are the lead investors in Tobi Cloud's latest funding round?
The lead investor in Tobi Cloud's latest funding round was Allison Wood Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Tobi Cloud's history?
The largest funding round in Tobi Cloud's history was $2M.
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