Skip to content
K = 0.731

Tolan Raises $30 Million for Its AI Companion

1 reports 1 reporting sources 1 hours agoNew

Understand the event

AI overview

Tolan raised another $30 million from investors including Union Square Ventures, Khosla Ventures, and Homebrew, doubling its total funding, according to Upstarts Media. The company makes an AI companion designed to help users manage daily life, relationships, emotions, and goals. Upstarts Media reported that the funding put Tolan’s valuation above $120 million; PitchBook estimates it at more than $268 million with “medium confidence.” Tolan told Upstarts Media that its annual recurring revenue is in the “double-digit millions” and that it has more than 250,000 active users.

Generated by AI from reports · Updated 56 minutes ago

Latest development10/20 03:00 (UTC+8)
Tolan Raises $30 Million for Its AI CompanionTechCrunch · AI

Report timeline

Follow the reports to explore different sides of the event.

10/20
  1. TechCrunch · AI
    Tolan Raises $30 Million for Its AI Companion

    Tolan raised another $30 million from investors including Union Square Ventures, Khosla Ventures, and Homebrew, bringing its total funding to twice its previous amount and its valuation above $120 million, according to Upstarts Media. Tolan did not disclose its new valuation; PitchBook estimates it at more than $268 million with “medium confidence.” The company told Upstarts Media its annual recurring revenue is in the “double-digit millions,” and said it has more than 250,000 active users.

Tomorrow at 08:00, a briefing like this arrives in your inbox.

The same kind of briefing as the one above: a few stories worth reading. Free. Mail starts after you confirm, and every letter has a one-click unsubscribe. Read a past issue

Event heat trend

There is not enough continuous observation data to plot a trend yet.

Keep reading

Latest daily · Issue 26VAST open-sources EdenLive world model with over 24FPS generation at 720P