2024 Revenue
$18.1M
Customers
30
Funding
$45M
YOY
57.8%
Avg ACV
$603.2K
Team
94
Founded
2018
How Tonic.ai CEO Andrew Colombi grew to $18.1M revenue and 30 customers in 2024.
Tonic mimics your production data to create safe, useful, de-identified data for QA, testing, and development.
Last updated
Tonic.ai Revenue
In 2024, Tonic.ai's revenue reached $18.1M. The company previously reported $11.5M in 2023. Since its launch in 2018, Tonic.ai has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Tonic.ai Hit $18.1m revenue in October 2024 | |
| 2023 | Tonic.ai Hit $11.5m revenue in December 2023 | |
| 2020 | Tonic.ai Hit $2.2m revenue in December 2020 | |
| 2018 | Launched with $0 revenue |
Tonic.ai Valuation, Funding Rounds
Tonic.ai has not publicly disclosed its valuation. The company has raised $45M in total funding to date.
Tonic.ai has raised $45M in total funding across 3 rounds, most recently a $35M Series B round in 2021.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2021 | Series B | $35M | - | - | |
| 2020 | Series A | $8M | - | - | |
| 2018 | Seed Round | $2M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Tonic.ai serves 30 customers.
Tonic.ai Employees & Team Size
Tonic.ai employs approximately 94 people as of 2026, down from 98 in 2023, including 8 sales reps that carry a quota. It serves 30 customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 94 employees (December 2024) |
| 2024 | Reached 92 employees (October 2024) |
| 2023 | Reached 98 employees (December 2023) |
| 2022 | Reached 120 employees (December 2022) |
| 2021 | Reached 76 employees (December 2021) |
| 2021 | Reached 44 employees (September 2021) |
| 2020 | Reached 24 employees (December 2020) |
Frequently Asked Questions about Tonic.ai
What is Tonic.ai's revenue?
Tonic.ai generates $18.1M in revenue.
Who founded Tonic.ai?
Tonic.ai was founded by Andrew Colombi.
Who is the CEO of Tonic.ai?
The CEO of Tonic.ai is Andrew Colombi.
How much funding does Tonic.ai have?
Tonic.ai raised $45M.
How many employees does Tonic.ai have?
Tonic.ai has 94 employees.
Where is Tonic.ai headquarters?
Tonic.ai is headquartered in San Francisco, CAlifornia, United States.
Compare Tonic.ai to the industry
Tonic.ai operates across multiple industries. Browse revenue, funding, and growth data for Tonic.ai in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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