Total amount raised
$17 Million
Latest funding date
1/1/2023
Location
Toddle has successfully raised funding through three rounds, with the latest being a Series A. The platform is an education SaaS company that offers a unified solution for teachers to collaborate and track learning outcomes.
Keep reading to explore the intricacies of Toddle's fundraising journey and the investors backing this innovative platform.
What Is Toddle?
Toddle is an education SaaS company based in Bengaluru, Karnataka, India. It offers a unified platform for teachers to collaborate and track learning outcomes. The company operates in the Apps, EdTech, Education, and Software industries.
Founded by Deepanshu Arora, Toddle has grown to employ between 101 and 250 people. The platform integrates advanced AI to assist teachers in planning, teaching, assessing, reporting, and communicating, all in one place.
Committed to privacy, security, and sustainability, Toddle supports a community of over 100,000 educators worldwide, aiming to save teachers time and enhance educational practices.
How Much Funding Has Toddle Raised?
- Series A
- Amount Raised: USD 17,000,000
- Date: January 2023
- Lead Investors: Peak XV Partners, Sequoia Capital India
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand Toddle’s product offerings, including international curricula and a product for preschools, and to continue transforming teaching and learning globally.
- Seed Round (2021)
- Date: April 2021
- Lead Investors: Titan Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop and enhance the Toddle platform, simplifying the work of teachers by integrating multiple tools into one platform.
- Seed Round (2020)
- Date: January 2020
- Lead Investors: Z47
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the development of Toddle as a unified platform for teachers to collaborate and track learning outcomes.
Toddle has raised a total of USD 17,000,000. The current valuation is not publicly disclosed.
Key Investors
- Peak XV Partners
- Details: Peak XV Partners, formerly known as Sequoia India, is a venture capital firm that invests in early and growth-stage companies in India and Southeast Asia. The firm focuses on sectors such as technology, consumer, and healthcare.
- Investment Focus Areas: Technology, Consumer, Healthcare
- Notable Investments: Byju's, OYO Rooms, Zomato
- Titan Capital
- Details: Titan Capital is an early-stage investment firm that focuses on investing in technology-driven startups. The firm has a diverse portfolio, including sectors like consumer internet, SaaS, and fintech.
- Investment Focus Areas: Consumer Internet, SaaS, Fintech
- Notable Investments: Ola, UrbanClap, Snapdeal
- Z47
- Details: Z47 is a venture capital firm that invests in early-stage technology startups. The firm aims to support innovative companies with high growth potential.
- Investment Focus Areas: Technology, SaaS, EdTech
- Notable Investments: Unacademy, Razorpay, Meesho
- Matrix Partners
- Details: Matrix Partners is a venture capital firm that invests in early-stage companies in the consumer technology, enterprise technology, and healthcare sectors. The firm has a history of supporting innovative startups and helping them scale.
- Investment Focus Areas: Consumer Technology, Enterprise Technology, Healthcare
- Notable Investments: Ola, Practo, Quikr
- Sequoia Capital India
- Details: Sequoia Capital India is a venture capital firm that invests in early and growth-stage companies across India and Southeast Asia. It is part of the global Sequoia Capital network, which has a strong track record of backing successful startups.
- Investment Focus Areas: Technology, Consumer, Healthcare
- Notable Investments: Byju's, Zomato, OYO Rooms
What's Next for Toddle?
As Toddle looks to the future, the opportunities are vast. The company plans to expand its offerings to include international curricula such as Cambridge, British, and American, and to launch a product for preschools. With the global market for school software projected to exceed $30 billion by 2030, Toddle is well-positioned to capture a significant share of this growing market.
Future fundraising opportunities seem promising, given Toddle's current growth trajectory and the substantial market size. Additional funding rounds could support further international expansion, product development, and scaling operations. However, the company will need to navigate challenges such as competition from established players and the broader economic downturn affecting the edtech sector.
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