AI companion app Tolan has raised $30 million in a new funding round, with Union Square Ventures, Khosla Ventures and Homebrew participating. The deal doubled the company’s total funding, according to the source material. PitchBook data shows Tolan’s valuation has climbed above $268 million. The company said it now has more than 250,000 active users and logged over 70 million conversations in the past year. Tolan also said its annual recurring revenue has reached tens of millions of dollars. On user demographics, about 70% of its users are women, while 40% are parents. The item was cited by Techub News and attributed to TechCrunch.
AI companion app Tolan has raised $30 million in a new funding round, with Union Square Ventures, Khosla Ventures and Homebrew participating. The round doubled the company’s total funding.
PitchBook data shows Tolan’s valuation is now above $268 million.
The company said it has more than 250,000 active users, recorded over 70 million conversations over the past year, and generates annual recurring revenue in the tens of millions of dollars. About 70% of users are women, and 40% are parents.
The report was attributed to TechCrunch.
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