Tonic.ai

company

About

Tonic mimics your production data to create safe, useful, de-identified data for QA, testing, and development.

Details

Last Funding Type
Series B
Last Funding Money Raised
$35M
Industries
Big Data,Developer Tools,Information Technology,Machine Learning,Privacy,SaaS,Software
Founded date
Jan 1, 2018
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
TonicAI, Inc.
Also Known As
Tonic

Tonic empowers developers while protecting customer privacy by enabling companies to create safe, synthetic versions of their data for use in software development and testing. Founded in 2018 with offices in San Francisco and Atlanta, the company is pioneering enterprise tools for database subsetting, de-identification, and synthesis. Thousands of developers use data generated with Tonic on a daily basis to build their products faster in industries as wide ranging as healthcare, financial services, logistics, edtech, and e-commerce. Working with customers like eBay, Flexport, and PwC, Tonic innovates to advance their goal of advocating for the privacy of individuals while enabling companies to do their best work. For more information, visit Tonic.ai.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$45M
Tonic.ai has raised a total of $45M in funding over 2 rounds. Their latest funding was raised on Sep 29, 2021 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 29, 2021 Series B $35M 3 Insight Partners Detail
Dec 14, 2020 Series A $8M 9 GGV Capital Detail
Nov 26, 2018 Seed $2M 4 Detail

Investors

Number of Lead Investors
Number of Investors
2
10
Tonic.ai is funded by 10 investors. Insight Partners and GGV Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Insight Partners Yes Series B
GGV Capital Yes Series A
Heavybit Series B
Octave Series B
Anthony Goldbloom Series A
Assaf Wand Series A
Augusto Marietti Series A
Bloomberg Beta Series A
Silicon Valley CISO Investments Series A
Xfund Series A

Employee Profiles

Number of Employee Profiles
10
Tonic.ai has 10 current employee profiles, including Board member Glenn Solomon
Board member
Executive
Board member
Executive
Executive