Toggle3D Revenue (2024)

Toggle3D generated an estimated $22.6K in annual revenue in 2024.

Toggle3D launched its beta at the end of September 2022 and was in the early stages of generating revenue as of January 2023. Nima Sarshar indicated the company was starting to see revenue come in but did not disclose a specific annual or monthly revenue figure during the interview.

Toggle3D had 145 users on its platform as of early 2023, all acquired during the beta period that began at the end of September 2022. Dasha, Head of Product, stated that approximately 85 percent of those users had made a 3D model and published a project, representing a strong early activation rate.

The Pro plan is priced at $29 per seat per month and includes unlimited designs. The plan carries a file size restriction of 75 megabits, which Dasha noted was a temporary limitation the team planned to expand over time. A free tier is also available, with restrictions on the number of projects, upload size, and certain features, designed to drive virality and eventual upgrades to the paid plan. The company's target customers include e-commerce sellers, B2B manufacturers, and creators building content for augmented reality and metaverse platforms.

Toggle3D operates on a freemium subscription model. The free tier provides limited access to the platform to drive user acquisition and virality, while the Pro plan at $29 per seat per month unlocks unlimited designs and full feature access, subject to a 75-megabit file size cap. Sarshar and Dasha described virality through the free tier as a core growth tactic, consistent with how other disruptive software platforms have scaled.

The company's activation metric centers on getting a new user to upload a CAD file and convert it into a web-friendly 3D format within the first session. Dasha described this as the critical onboarding step that drives retention and daily usage. Revenue conversion was beginning as of January 2023, though specific conversion rates from free to paid were not disclosed. Gross margin, burn rate, runway, churn, LTV, and CAC were not discussed in the interview.

Toggle3D had approximately 10 team members as of early 2023, all working directly on the product. Dasha, Head of Product, provided the headcount figure during the interview, noting it was under 10 but rounding to 10. The team was operating within the Nextech AR Solutions Corp structure during the incubation period.