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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 264 active competitors, including 55 funded and 11 that have exited. Its top competitors include companies like Lightning, Abacus.AI and DataRobot.

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.
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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
Ranked
Employee Count
31 as on Jan 31, 2026
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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
2258682
Series A
8849461
1653974
5760184
1120960
Mar 05, 2024
1133319
Seed
1222829
7721838
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TollBit's founders and board of directors

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The 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:

TollBit's employee count trend

TollBit has 31 employees as of Jan 26. Here is TollBit's employee count trend over the years:
Employee count trend for TollBit
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TollBit's Competitors and alternates

Top competitors of TollBit include Lightning, Abacus.AI and DataRobot. Here is the list of Top 10 competitors of TollBit, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lightning
Lightning
2017, New York City (United States), Series C
Provider of low code AI application development software
$127M
76/100
2nd
Logo for Abacus.AI
Abacus.AI
2019, San Francisco (United States), Series C
Provides AI based data models creation for data science
$90.2M
72/100
3rd
Logo for DataRobot
DataRobot
2012, Boston (United States), Series G
Provider of an agent workforce platform for enterprise artificial intelligence
$1.05B
71/100
4th
Logo for Anyscale
Anyscale
2019, San Francisco (United States), Series C
Provider of an AI-based open source framework for building distributed applications
$281M
70/100
5th
Logo for Weights & Biases
Weights & Biases
2017, San Francisco (United States), Acquired
Provider of machine learning model development and management solutions
$250M
68/100
6th
Logo for Factory
Factory
2023, San Francisco (United States), Series B
Developer of artificial intelligence solutions for industrial automation and optimization
$70M
68/100
7th
Logo for Modular
Modular
2017, Mountain View (United States), Series C
Developing next-generation AI development platform
$380M
67/100
8th
Logo for Tecton
Tecton
2019, San Francisco (United States), Acquired
Provider of a platform for building machine learning models
$160M
66/100
9th
Logo for Graft
Graft
2021, San Francisco (United States), Acquired
Developer of an AI platform for enterprise knowledge management and search
$29M
66/100
10th
Logo for MindsDB
MindsDB
2017, Berkeley (United States), Series A
Predictive analytics platform for enterprise data
$53.7M
66/100
19th
Logo for TollBit
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.

Reports related to TollBit

Here is the latest report on TollBit's sector:

News related to TollBit

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Media 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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