What is Toric?
Founded in 2019, Toric distinguishes itself as a leading data platform designed for the architecture, engineering, and construction (AEC) industries, as well as major owner/operators. The company's core offering is an all-in-one, no-code data workspace that consolidates data from various sources. This platform empowers users to create automations, perform data transformations, and generate real-time reports and dashboards without requiring any coding expertise. Toric's mission is to democratize data and business intelligence, making these tools accessible and user-friendly so that clients can concentrate on deriving actionable insights rather than grappling with complex formulas or programming. The platform facilitates the construction of reusable dataflows, which efficiently populate reports and dashboards, thereby enhancing operational efficiency and decision-making for its clientele.
How much funding has Toric raised?
Toric has raised a total of $10.5M across 1 funding round:
Series A
$10.5M
Series A (2022): $10.5M with participation from Leaders Fund
Key Investors in Toric
Leaders Fund
Leaders Fund is a venture capital firm specializing in B2B software, focusing on guiding companies towards achieving over $100M in annual recurring revenue (ARR). They provide strategic support and operational expertise to their portfolio companies, aiming to build category leaders.
What's next for Toric?
With the recent infusion of major strategic investment, Toric is poised for accelerated growth and enhanced product development. The company's focus on a no-code data workspace addresses a critical market need for accessible business intelligence in complex industries. This capital injection will likely support scaling operations, expanding its market reach, and further innovating its platform to offer more advanced analytics and automation capabilities. Toric's commitment to user-friendly data solutions positions it for continued success in a market increasingly reliant on data-driven insights.
See full Toric company page
