Toitware
Latest round
- Seed
Last raised
- Feb 2019
Total raised
- Undisclosed
Investors
- 1
About Toitware
Founded in 2018 in Aarhus, Denmark, Toitware ApS focuses on providing software solutions for embedded systems. The company was initiated by founders Florian Loitsch and Kasper Lund, who have leveraged their expertise in technology development.Toit specializes in providing a high-level software platform specifically designed for the ESP32 microcontroller, positioning itself as a comprehensive solution for developers in the Internet of Things (IoT) sector. Its primary offering is the Toit programming language, a modern, memory-safe, object-oriented language that streamlines the development process for embedded systems. This allows developers to deploy code in mere seconds, circumventing the lengthy flashing process typical of microcontrollers. The platform ensures secure and efficient management of firmware and applications on devices that can be remotely serviced and continuously updated over cellular connections. Toit caters to technology startups and developers aiming to integrate various peripherals through established protocols like I2C, SPI, I2S, and UART.Toit operates on a revenue model that includes subscription services for its software platform and partnerships with technology startups. Clients engage in transactions to access premium features of the Toit programming language, which may include fleet management tools and tailored device software solutions. Revenue is generated through structured subscription plans that offer tiered access to development tools and support, allowing clients to scale their usage according to project needs. This model emphasizes direct relationships with B2B clients, ensuring comprehensive support for diverse technological requirements, while maintaining control over data and device management.Toitware ApS is strategizing its future growth through the launch of new products featuring enhanced capabilities for IoT applications, with expected releases in the coming years. The company aims to expand into key markets across North America and Asia by 2025, leveraging its innovative software solutions to capture emerging opportunities in these regions.
Who invested in Toitware
1 investor across 1 round
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Funding rounds
Seed
Feb 25, 2019
Amount
Undisclosed
Investors
Questions about Toitware
Who invested in Toitware?
Toitware has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Toitware raised?
Toitware has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Toitware last raise money?
Toitware's most recent round on record is a Seed, in Feb 2019.
What does Toitware do?
Founded in 2018 in Aarhus, Denmark, Toitware ApS focuses on providing software solutions for embedded systems.
Where is Toitware headquartered?
Toitware is headquartered in Aarhus, Denmark.
Which VCs invest in companies like Toitware?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Toitware's stage. Their profiles are linked below.
VCs backing software startups at Seed
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