# Toorbee

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/toorbee

- Industry: Internet
- Headquarters: Greece
- Website: www.toorbee.com
- Total disclosed funding: $1.7M
- Latest round: Seed (May 30, 2019)
- Investors on record: 2

## About

Toorbee is a Greek company focusing on delivering innovative solutions that enhance operational efficiency across various industries, including technology, logistics, and e-commerce.Founded in 2017 by George Papachristos, Toorbee is headquartered in Greece. The company specializes in providing tailored solutions for operational challenges in sectors like supply chain management and customer engagement. Toorbee raised EUR 1.55 million in Seed funding on May 30, 2019, led by Alpha Ventures, with participation from Velocity.Partners, marking a key investment round for the company. The total amount raised by Toorbee stands at EUR 1.55 million.Toorbee specializes in delivering innovative solutions tailored to meet the needs of various industries. The company's core offerings include a range of products designed to enhance operational efficiency and user experience, primarily targeting sectors like technology, logistics, and e-commerce. These solutions address challenges such as supply chain management, data integration, and customer engagement, focusing on user-centric design and seamless functionality. Toorbee's products are marketed in North America and Europe, serving a diverse clientele from small to medium-sized enterprises to larger corporations.In 2022, Toorbee reported no revenue, with an EBITDA amount of EUR -185,139.3 for the same year. Toorbee's revenue model includes direct-to-consumer sales and B2B partnerships, leveraging subscription-based pricing for flagship products, allowing clients to access premium features and updates. This structured model supports continuous revenue generation while providing tailored customer support and resources.Toorbee is focused on expanding its product offerings and entering new markets. The company plans to launch several innovative solutions aimed at improving operational efficiencies in the upcoming years. Additionally, Toorbee is targeting expansion into North American and European markets by 2025. The recent Seed funding of EUR 1.55 million will be instrumental in supporting these growth initiatives, including product development and market entry strategies.

## Funding rounds

- Seed, May 30, 2019, $1.7M — Alpha Ventures, Velocity.Partners

## Investors

- Alpha Ventures (https://capitalatlas.ai/funds/alpha-ventures) — Seed
- Velocity.Partners (https://capitalatlas.ai/funds/velocity-partners) — Seed