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Tolan raises $30M for its AI companion app

1 article1 sourcesince Oct 19Last article 2h ago ·

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Tolan, an AI companion app, raised $30 million from Union Square Ventures, Khosla Ventures and Homebrew, doubling its total funding.

The company did not disclose its valuation. PitchBook estimates it above $268 million, with medium confidence.

Tolan says its annual recurring revenue is in the double-digit millions and it has more than 250,000 active users. The app is designed to help users manage daily life.

Written by AI from the articles below · updated Oct 19, 3:36 PM ET

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Oct 19
  1. TechCrunch · AINews
    Tolan raises $30M for AI companion that helps users manage daily life

    AITolan, an AI companion app, raised $30 million from Union Square Ventures, Khosla Ventures and Homebrew, doubling its total funding. The company did not disclose its valuation, while PitchBook estimates it above $268 million with medium confidence. Tolan says its annual recurring revenue is in the double-digit millions and it has more than 250,000 active users.

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