Tobiko raises $21.8M in a Series A round led by Theory Ventures to build a modern data platform
Jun 05, 2024•about 1 year ago
Amount Raised
$21.8 Million
Round Type
series a
Investors
Jordan TiganiBoris JabesGeorge Fraser20 SalesTheory Ventures
Description
Tobiko has raised a total of $21.8 million in funding, split between a $4.5 million seed round and a $17.3 million Series A round led by Theory Ventures. Other investors include 20Sales, Fivetran CEO George Fraser, Census CEO Boris Jabes, and MotherDuck CEO Jordan Tigani.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech