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How ToolsGroup CEO Joseph Shamir grew ToolsGroup to $35.1M revenue with a 319 person team in 2025.

AI-powered supply chain planning and optimization to successfully navigate uncertainty - ToolsGroup helps retailers, distributors, and manufacturers improve the resilience and performance of their operations with a unique probabilistic planning approach that leverages AI and real-time data from across the enterprise for decision-making at the speed of business. ToolsGroup is also a great place to work! Visit https://www.toolsgroup.com/careers to see current opportunities.

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ToolsGroup Revenue

In 2025, ToolsGroup's revenue reached $35.1M. The company previously reported $16.9M in 2021. Since its launch in 1993, ToolsGroup has shown consistent revenue growth.

ToolsGroup Revenue GrowthReported revenue / ARR by year$0$8M$15M$23M$30M$38M19931995199719992001200320052007200920112013201520172019202120232025$0$17M$35MSource: GetLatka.com
YearMilestone
2025ToolsGroup Hit $35.1m revenue in December 2025
2021ToolsGroup Hit $16.9m revenue in April 2021
1993Launched with $0 revenue

ToolsGroup Valuation, Funding Rounds

ToolsGroup's most recent disclosed valuation is $50.8M.

ToolsGroup is a bootstrapped Retail Assortment Planning Software startup. Founded in 1993, ToolsGroup has grown to $35.1M in revenue without raising any venture capital or outside funding.

As a self-funded Retail Assortment Planning Software SaaS company, ToolsGroup has built its business with no outside investment.

ToolsGroup Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$119931993 cumulative: $0 • 1993 Founded: $01993 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

ToolsGroup Employees & Team Size

ToolsGroup employs approximately 319 people as of 2026, up from 211 in 2021.

ToolsGroup has 319 total employees in different roles and functions and 28 sales reps that carry a quota.

ToolsGroup Team GrowthReported headcount over time0751502253003751993199519971999200120032005200720092011201320152017201920212023202500211211319319Source: GetLatka.com
YearMilestone
2025Reached 319 employees (December 2025)
2021Reached 211 employees (April 2021)

Founder / CEO

Joseph Shamir

Joseph Shamir is the CEO of ToolsGroup, which he co-founded with Eugenio Cornacchia in 1993. Joseph (Joe) commercialized SO99+, the industry’s first service-driven supply chain planning software tool based on advanced algorithms and probabilistic forecasting methods. Over the decades, Joe has directed major strategic and logistics projects in countless multinational companies. Before founding ToolsGroup, Joe held various senior management positions with ITP Group’s Automation division, including Director of Sales and COO. It was at this industrial automation and logistics group where Joe met co-founder Eugenio Cornacchia and delivered the first ''factory of the future'' systems for large manufacturers including Olivetti and Electrolux. These systems were to pave the way for today’s global Factory (or Industry) 4.0 movement. Joe’s supply chain career began at his family business in spare parts production and distribution after graduating from Tel Aviv University with a degree in solid-state physics. He later worked as an engineer for Swiss shipping company Norasia (now CSAV Norasia), responsible for optimizing container lines and logistics. Today Joe is one of the foremost industry experts in the area of service-driven supply chain planning and automation, with articles published in Supply Chain Quarterly, Supply Chain Brain and Forbes, among many others.

Q&A

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Customers

We do not have customer count information for ToolsGroup yet.

Frequently Asked Questions about ToolsGroup

What is ToolsGroup's revenue?

ToolsGroup generates $35.1M in revenue.

Who founded ToolsGroup?

ToolsGroup was founded by Joseph Shamir.

Who is the CEO of ToolsGroup?

The CEO of ToolsGroup is Joseph Shamir.

How much funding does ToolsGroup have?

ToolsGroup raised $0.

How many employees does ToolsGroup have?

ToolsGroup has 319 employees.

Where is ToolsGroup headquarters?

ToolsGroup is headquartered in Boston, Massachusetts, United States.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

ToolsGroup Revenue 2025: $35.1M ARR, $50.8M Valuation