TollBit - About the company
TollBit is a series A company based in New York City (United States), founded in 2023 by Olivia Joslin and Toshit Panigrahi. It operates as a Provider of AI bot monetization solutions for publishers. TollBit has raised $31M in funding from Lightspeed Venture Partners and Sunflower Capital. The company has 375 active competitors, including 63 funded and 12 that have exited. Its top competitors include companies like Lightning, Abacus.AI and Weights & Biases.
Company Details
Provider of AI bot monetization solutions for publishers. This platform allows publishers to detect and manage AI bot traffic accessing their websites. It offers tools to enforce robots.txt policies, set custom pricing for bot access to content, and generate revenue from AI data scraping. The platform provides analytics dashboards to monitor bot activity and inform content strategy. Publishers can use this to protect their content and generate new revenue streams from AI usage.
- Website
- tollbit.com
- Social
- Email ID
- *****@tollbit.com
Key Metrics
Founded Year
2023
Location
New York City, United States
Stage
Series A
Total Funding
$31M in 2 rounds
Latest Funding Round
Investors
Ranked
19th among 375 active competitors
Employee Count
34 as on Apr 30, 2026
Legal entities associated with TollBit
TollBit is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NOVOSCRIBE, INC. CIN: 2494237 , United States, Active | Oct 16, 2023 | - | - | - |
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TollBit's funding and investors
TollBit has raised a total funding of $31M over 2 rounds. Its first funding round was on Mar 05, 2024. Its latest funding round was a Series A round on Sep 27, 2024 for $*****. 3 investors participated in its latest round. TollBit has 8 institutional investors.
Here is the list of recent funding rounds of TollBit:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 27, 2024 | 3052538 | Series A | 7367686 | 1103140 | 6083321 | 9660298 |
Mar 05, 2024 | 5410400 | Seed | 4110365 | 7110966 |
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TollBit's founders and board of directors
Founder? Claim ProfileThe founders of TollBit are Olivia Joslin and Toshit Panigrahi. Toshit Panigrahi is the CEO of TollBit.
Here are the details of TollBit's key team members:
- Olivia Joslin: Co-Founder & COO of TollBit. Contact Info: 1 email address
- Toshit Panigrahi: Co-Founder & CEO of TollBit. Contact Info: 1 email address
View details of TollBit's Founder profiles and Board Members
TollBit's employee count trend
TollBit has 34 employees as of Apr 26. Here is TollBit's employee count trend over the years:
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TollBit's Competitors and alternates
Top competitors of TollBit include Lightning, Abacus.AI and Weights & Biases. Here is the list of Top 10 competitors of TollBit, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Lightning 2017, New York City (United States), Series C | Provider of low code AI application development software | $127M | 76/100 | |
2nd |  Abacus.AI 2019, San Francisco (United States), Series C | Provides AI based data models creation for data science | $90.2M | 72/100 | |
3rd | Weights & Biases 2017, San Francisco (United States), Acquired | Provider of machine learning model development and management solutions | $250M | 72/100 | |
4th |  DataRobot 2012, Boston (United States), Series G | Provider of an agent workforce platform for enterprise artificial intelligence | $1.05B | 71/100 | |
5th | Anyscale 2019, San Francisco (United States), Series C | Provider of an AI-based open source framework for building distributed applications | $281M | 70/100 | |
6th |  Factory 2023, San Francisco (United States), Series C | Developer of artificial intelligence solutions for industrial automation and optimization | $220M | 69/100 | |
7th | Modular 2017, Mountain View (United States), Series C | Developing next-generation AI development platform | $380M | 67/100 | |
8th |  MindsDB 2017, Berkeley (United States), Series A | Developer of a platform providing business intelligence and analytics solutions | $53.7M | 67/100 | |
9th |  Tecton 2019, San Francisco (United States), Acquired | Provider of a platform for building machine learning models | $160M | 66/100 | |
10th |  Kumo 2021, Mountain View (United States), Series B | Provider of a SaaS-based platform for enterprises for analytics | $37M | 66/100 | |
19th | TollBit 2023, New York City (United States), Series A | Provider of AI bot monetization solutions for publishers | $31M | 55/100 |
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TollBit's Investments and acquisitions
TollBit has made no investments or acquisitions yet.
News related to TollBit
Filter this listMedia has covered TollBit for a total of 5 events in the last 1 year, 3 of them have been about partnerships and 2 about company updates.
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Arc XP Partners with TollBit to Help Publishers Monitor, Control, and Monetize AI Bot TrafficMarTech Series•Mar 23, 2026•TollBit, Arc XP
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TNL Mediagene Achieves Success in AI Content Licensing via TollBit IntegrationPR Newswire•Dec 22, 2025•TNL Mediagene, TollBit
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VerticalScope Taps TollBit to Unlock AI License Revenue and Protect Community ContentBusiness Wire•Sep 30, 2025•TollBit, VerticalScope
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Akamai and Seraphic Team Up to Simplify SSE with Secure Enterprise BrowsingCIO Influence•Sep 15, 2025•Seraphic Security, Akamai, TollBit
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DataDome & TollBit Partner to Monetize AI Agents at Black Hat USA 2025Business Wire•Jul 29, 2025•TollBit, DataDome
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You.com and TollBit Launch First AI Election Agent with Real-Time ResultsBusiness Wire•Nov 05, 2024•You Technologies, TollBit
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