What is Toric?
Founded in 2019, Toric operates as a sophisticated no-code data platform specifically engineered for the AEC industry. The platform functions as an all-in-one workspace that empowers users to execute complex data transformations, build automated workflows, and generate real-time dashboards without the need for traditional programming expertise. By democratizing access to data analytics, Toric enables stakeholders to derive actionable insights from multiple sources, thereby streamlining project management and operational efficiency. Its market position is defined by a commitment to user-friendly business intelligence, allowing organizations to pivot from manual data manipulation to high-level strategic decision-making.
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 B2B software-focused venture capital firm that partners with bold entrepreneurs to help them navigate critical growth stages towards achieving over $100M in annual recurring revenue. The firm leverages its operational expertise to provide strategic support and insights to its portfolio companies.
Undisclosed Investor
Undisclosed investor participating in the funding round.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for Toric?
With the backing of institutional partners, Toric is well-positioned to transition into its next phase of enterprise-level scaling. The strategic roadmap likely involves deepening its integration capabilities with industry-standard software suites and enhancing its automated reporting features to meet the rigorous demands of large-scale infrastructure projects. As the AEC sector continues its digital transformation, Toric's focus on accessibility and real-time data visibility will be critical in maintaining its competitive advantage. Future growth will likely center on expanding its user base among global owner-operators, further cementing its status as an essential utility for data-driven construction management.
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