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How Toolio CEO Eytan Daniyalzade grew to $6.6M revenue with a 68 person team in 2024.

Toolio is a Merchandising Platform that empowers you to make fast, data-driven merchandising decisions through automation and insights.

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Toolio Revenue

In 2024, Toolio's revenue reached $6.6M. The company previously reported $4.3M in 2023. Since its launch in 2019, Toolio has shown consistent revenue growth.

Toolio Revenue GrowthReported revenue / ARR over time$0$1.5M$3M$4.5M$6M$7.5M201920202021202220232024$0$2.6M$4.3M$6.6MSource: GetLatka.com
YearMilestoneQuote
2024Toolio Hit $6.6m revenue in October 2024
2023Toolio Hit $4.3m revenue in December 2023
2021Toolio Hit $2.6m revenue in October 2021
2019Launched with $0 revenue

Toolio Valuation, Funding Rounds

Toolio has not publicly disclosed its valuation. The company has raised $10.3M in total funding to date.

Toolio has raised $10.3M in total funding across 2 rounds, most recently a $8M Series A round in 2021.

Toolio Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$2.5M$5M$7.5M$10M$12.5M201920202021$10.3MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2021Series A$8M--
2019Venture Round$2.3M--

Founder / CEO

Eytan Daniyalzade

CEO

Eytan (@daniyalzade) went to Stanford University, where he received a BS ('07) and MS ('08) in Electrical Engineering.

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Customers

We do not have customer count information for Toolio yet.

Toolio Employees & Team Size

Toolio employs approximately 68 people as of 2026, up from 51 in 2023.

Toolio Team GrowthReported headcount over time01530456075201920202021202220232024006868Source: GetLatka.com
YearMilestone
2024Reached 68 employees (December 2024)
2024Reached 63 employees (October 2024)
2023Reached 51 employees (December 2023)
2022Reached 59 employees (December 2022)
2021Reached 38 employees (December 2021)
2021Reached 27 employees (October 2021)

Frequently Asked Questions about Toolio

What is Toolio's revenue?

Toolio generates an estimated $6.6M in annual revenue.

Who founded Toolio?

Toolio was founded by Eytan Daniyalzade.

Who is the CEO of Toolio?

The CEO of Toolio is Eytan Daniyalzade.

How much funding does Toolio have?

Toolio raised $10.3M across 2 rounds.

How many employees does Toolio have?

Toolio has 68 employees.

Where is Toolio headquarters?

Toolio is headquartered in Brooklyn, New York, United States.

Compare Toolio to the industry

Toolio operates across multiple industries. Browse revenue, funding, and growth data for Toolio 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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