When was Tonit founded?

Tonit was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is Tonit located?

Tonit is headquartered in Kelowna, Canada.

How many employees does Tonit have?

As of Sep 30, 2026, the latest employee count at Tonit is 3.

Is Tonit a funded company?

Tonit is a funded company, having raised a total of $2.2M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 15, 2018.

When was the latest funding round of Tonit?

Tonit's latest funding was a $***** Seed round on Feb 2019, with participation from 2 investors.

Where does Tonit rank among its competitors?

Tonit ranks 9th amongst 1972 active competitors, of which 29 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Harvest Hosts, which secured $37M in Mar, 2021.

Who are the top competitors of Tonit?

Tonit's top competitors include Harvest Hosts, ZigWheels and Motorsport. Among them, Harvest Hosts secured the most recent funding round in March, 2021.

Tonit - 2026 Company Profile, Team, Funding & Competitors

Tonit is a seed company based in Kelowna (Canada), founded in 2016 by Jason Lotoski and Paul Kobasiuk. It operates as an App-based networking platform for motorcycle enthusiasts. Tonit has raised $2.2M in funding from Atrium Ventures. The company has 1972 active competitors, including 29 funded and 48 that have exited. Its top competitors include companies like Harvest Hosts, ZigWheels and Motorsport.

Company Details

Tonit is a developer of an app-based networking platform for motorcycle enthusiasts. It offers a portal where users can find riders nearby them, share content, track & save routes, post their motorcycle's photos, videos, news, organize motorcycles rider clubs, customize their profiles and save & share their favorite routes with their group members. The application is available on Android & iOS platform.

Website: tonit.com
Social
Email ID: *****@tonit.com, *****@tonit.com

Key Metrics

Founded Year

2016

Location

Kelowna, Canada

Stage

Seed

Total Funding

$2.2M in 2 rounds

Latest Funding Round

Seed, Feb 2019, $*****

Investors

Atrium Ventures & 2 more

Ranked

9^th among 1972 active competitors

Employee Count

3 as on Sep 30, 2026

Similar Companies

ZigWheels & 2049 more

View Tonit's full profile

Tonit is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
TONIT MEDIA SOLUTIONS INC. CIN: 818539900 , Canada, Active	May 10, 2012	-	-	-

Tonit has raised a total funding of $2.2M over 2 rounds. Its first funding round was on Aug 15, 2018. Its latest funding round was a Seed round on Feb 2019 for $*****. 2 investors participated in its latest round. Tonit has 3 institutional investors.

Here is the list of recent funding rounds of Tonit:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 2019	1105437	Seed	8879793	4961112	6240241	3802510
Aug 15, 2018	9137105	Seed	2819502	3763834	Atrium Ventures	9513021

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View details of Tonit's funding rounds and investors

The founders of Tonit are Jason Lotoski and Paul Kobasiuk. Jason Lotoski is the CEO of Tonit.

Here are the details of Tonit's key team members:

Jason Lotoski: Founder and CEO of Tonit.
Paul Kobasiuk: Co-Founder / Director of Tonit and founder of 1 other company.

View details of Tonit's Founder profiles and Board Members

Tonit's employee count trend

Tonit has 3 employees as of Sep 26. Here is Tonit's employee count trend over the years:

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Top competitors of Tonit include Harvest Hosts, ZigWheels and Motorsport. Here is the list of Top 10 competitors of Tonit, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Harvest Hosts 2010, Vail (United States), Series C	Network of businesses offering overnight RV stays	$37M	Stripes	61/100
2nd	ZigWheels 2008, Jaipur (India), Acquired	Online portal to find new and used car deals	-	-	60/100
3rd	Motorsport 1994, Miami (United States), Acquired	Global leader for online motorsports news, content, and multimedia	-	-	58/100
4th	TheDrive 2007, New York City (United States), Acquired	Automotive news, car reviews, and culture stories for enthusiasts	$6M	-	56/100
5th	Bitauto 2000, Beijing (China), Acquired	Online platform for auto related information	$44.9M	Bertelsmann Asia Investments, Authosis Ventures ... & 10 others	55/100
6th	Truck Parts & Service 1966, Tuscaloosa (United States), Acquired	Internet-first media that provides content related to the automotive industry	-	-	52/100
7th	Car Throttle 2009, London (United Kingdom), Acquired	Provider of automotive news, car reviews, features, videos, and gaming	$3.14M	Passion Capital, Redalpine & 3 others	50/100
8th	RoadStr 2017, Walnut (United States), Unfunded	App-based social platform for car enthusiasts	-	-	48/100
9th	Tonit 2016, Kelowna (Canada), Seed	App-based networking platform for motorcycle enthusiasts	$2.2M	Atrium Ventures, Mavan Capital Partners & 1 others	46/100
10th	Autotrader Cyprus Nicosia (Cyprus), Unfunded	Internet-first media that provides content-related to the automotive industry	-	-	45/100