When was Toolyt founded?

Toolyt was founded in 2017 and raised its 1st funding round within a year of its incorporation.

Where is Toolyt located?

Toolyt is headquartered in Bengaluru, India. It is registered at 85/2, 4th floor, VRR Royal Commercial Complex, 17th Cross, 21st A Main, 1st Sector, HSR, Layout, Bangalore, BANGALORE, Karnataka, India, 560102.

Who is the current CEO of Toolyt?

Nizamudheen Valliyattu of Toolyt. They have also founded 1 company.

Which legal entities is Toolyt associated with?

Toolyt is associated with VAHMINE TECHNOLOGIES PRIVATE LIMITED.

How many employees does Toolyt have?

As of May 31, 2025, Toolyt has 476 employees, reflecting a 24% year-over-year decline in headcount.

Is Toolyt a funded company?

Toolyt is a funded company, having raised a total of $31K across 5 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Apr 13, 2017.

How much is Toolyt worth?

The latest valuation of Toolyt is $***** as of Jul 13, 2017.

When was the latest funding round of Toolyt?

Toolyt's latest funding was a $***** Grant (prize money) round on Sep 11, 2018, with participation from 1 investor. Its primary sector is Sales Force Automation. In India, the Sales Force Automation sector has seen $71.9M in funding in 2026 to date.

What is the annual revenue of Toolyt?

Annual revenue of Toolyt is less than ₹10 Cr as on Mar 31, 2025

Where does Toolyt rank among its competitors?

Toolyt ranks 20th amongst 413 active competitors, of which 37 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was UPWARD, which secured an undisclosed amount in Nov, 2025.

Who are the top competitors of Toolyt?

Toolyt's top competitors include LeadSquared, BeatRoute and SalesRabbit. Among them, UPWARD secured the most recent funding round in November, 2025.

Toolyt - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Developer of mobile sales enablement software for field sales teams. This solution provides tools for lead management, customer onboarding, and document processing to streamline sales operations. The software includes features for geo-tagged activity tracking, automated data entry, and integrated analytics to support decision-making. It facilitates collaboration between internal teams and partners while managing workflows through a mobile-first interface. The system integrates with existing business tools to synchronize customer data and automate administrative tasks. By centralizing prospect engagement and performance reporting, the platform assists organizations in managing sales cycles and improving workforce productivity.

Website: toolyt.com
Social
Email ID: *****@toolyt.com
Phone Number: +91 **********
Registered Address: 85/2, 4th floor, VRR Royal Commercial Complex, 17th Cross, 21st A Main, 1st Sector, HSR, Layout, Bangalore, BANGALORE, Karnataka, India, 560102

Key Metrics

Founded Year

2017

Location

Bengaluru, India

Stage

Seed

Total Funding

$31K in 5 rounds

Latest Funding Round

Grant (prize money), Sep 11, 2018, $*****

Post Money Valuation

$***** as on Jul 13, 2017

Investors

Axilor Ventures & 7 more

Ranked

20^th among 413 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

476 as on May 31, 2025

Similar Companies

LeadSquared & 517 more

View Toolyt's full profile

Toolyt is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
VAHMINE TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2017PTC100634 , India, Active	Feb 17, 2017	0 - ₹10 Cr (As on Mar 31, 2025)	476 (As on May 31, 2025)

Toolyt has raised a total funding of $31K over 5 rounds. Its first funding round was on Apr 13, 2017. Its latest funding round was a Grant (prize money) round on Sep 11, 2018 for $*****. 1 investor participated in its latest round. Toolyt has 7 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Toolyt:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 11, 2018	6311795	Grant (prize money)	6333415	3128622	7685655	2446217
Jul 05, 2018	6170468	Seed	8984060	5344924	9869458	5089165
Jul 13, 2017	7876075	Angel	8329506	7147548	Feby George Joseph	1327248

Access funding benchmarks and valuations. Sign up today!

View details of Toolyt's funding rounds and investors

The founders of Toolyt are Nizamudheen Valliyattu, Vidhya Mattummel and Nizamudheen Valliyattu. Nizamudheen Valliyattu is the CEO of Toolyt.

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

Nizamudheen Valliyattu: Co-Founder & CEO & Business Head of Toolyt and founder of 1 other company. They serve on the board of 1 company.
Vidhya Mattummel: Co-Founder & Tech Lead of Toolyt. They serve on the board of 1 company.
Contact Info: 2 email addresses and 1 phone number
Nizamudheen Valliyattu: Founder & Business Head of Toolyt and founder of 1 other company.
Contact Info: 1 email address

Toolyt's Board of Directors

Toolyt's board has 2 active members. Nizamudheen Valliyattu and Vidhya Mattummel are part of team.

Here is the list of Toolyt's board of directors:

Name	Type	Representing	Status	Duration
Nizamudheen Valliyattu	Team	-	Current	9y 6m
Vidhya Mattummel	Team	-	Current	9y 6m

View details of Toolyt's Founder profiles and Board Members

Toolyt's employee count trend

Toolyt has 476 employees as of May 25. The total employee count is 25.0% lower than what it was in May 24. Here is Toolyt's employee count trend over the years:

Uncover Toolyt's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Toolyt include LeadSquared, BeatRoute and SalesRabbit. Here is the list of Top 10 competitors of Toolyt, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	LeadSquared 2011, Bengaluru (India), Series C	Developer of a platform providing sales, marketing, field, and service solutions	$204M	JI Company, A K Holdings LLC & 103 others	70/100
2nd	BeatRoute 2013, Gurugram (India), Seed	Provider of AI-driven platform for retail sales and distribution management	$180K	Germs Advisory, Innovius & 1 others	68/100
3rd	SalesRabbit 2012, Provo (United States), Series B	Provider of platform for field sales management and customer relationship management	$4.27M	Kickstart Seed Fund, Album VC & 2 others	65/100
4th	Spotio 2014, Dallas (United States), Series A	Cloud-based platform offering field sales engagement software	$5.1M	Ballast Point Ventures, Lighter Capital & 1 others	58/100
5th	Handshake 2010, New York City (United States), Acquired	E-commerce platform empowering businesses to sell online, wholesale, and direct	$39M	Emergence Capital, Uncork Capital & 9 others	57/100
6th	Skynamo 2012, Cape Town (South Africa), Series A	Field sales management software	$32.1M	Five Elms Capital, Alphawave	56/100
7th	UPWARD 2002, Tokyo (Japan), Series C	Field sales program management software	$11.1M	CyberAgent Capital, DNX Ventures & 8 others	56/100
8th	Bizom Solutions 2008, Bengaluru (India), Funding Raised	Provider of retail intelligence platform for consumer packaged goods businesses	-	-	55/100
9th	Map My Customers 2015, New York City (United States), Series A	Cloud based CRM software for field sales teams	$2.88M	Rubicon Venture Capital, Las Olas & 2 others	50/100
10th	inSitu Sales 2004, Medellin (Colombia), Unfunded	Field sales representative suite	-	-	49/100
20th	Toolyt 2017, Bengaluru (India), Seed	Developer of mobile sales enablement software for field sales teams	$31K	FbStart, Axilor Ventures & 6 others	44/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Toolyt's competitors? Click here to see the top ones

Founders (largest shareholder) own 97.92% and Angels own 2.09%. The net worth of Toolyt's founders is INR 9.39Cr as of Jul 13, 2017.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	97.92%	9.39Cr	6424478	8251526	2733952	4145196
Nizamudheen Valliyattu	4005967	6586254	8441016	6870835	1877703	5215474
Vidhya Mattummel	2962	9860	3100	6679	2887	8467
Angel	2.09%	20L	83	50	58	17
Feby George Joseph	28	62	67	66	97	91
Total	100.00%	9.59Cr	5453696	4496227	3977983	9298866