4 years ago
Toca Secures €2.3 Million to Fuel No-Code App and Automation Growth
Toca, a European no code apps and automation fabric pioneer, has secured €2.3 million in additional funding from a group of private investors
This brings the total raised to €3.9 million since the company's 2018 seed round
Toca's platform combines low code app development and traditional robotic process automation (RPA) into a single no code solution, aiming to address integration challenges and accelerate business transformation
The funding will be used to bolster Toca's position in the emerging no code app and RPA markets, which are predicted to have a combined value of €17 billion by 2027
Toca has achieved over 257% growth in FY21 and serves clients across various industries, including healthcare, legal, utilities, and retail.
ProblemTechnology
"Businesses struggle to integrate legacy systems with modern applications and APIs, leading to data silos and inefficient processes. This hinders digital transformation and limits the ability to automate tasks and build custom applications."
Solution
"Toca provides a no-code platform that combines robotic process automation (RPA) and direct integration, allowing businesses to connect legacy systems and modern applications seamlessly. This enables faster, cheaper, and easier digital transformation with minimal technical expertise, empowering businesses to automate tasks, build custom applications, and address a wider range of business problems."