Toss Revenue, Valuation, Funding & Investors
Toss is valued at $1.6B as of September 2023.
Last Toss valuation
$1.6B
Undisclosed stage · Sep 2023
Last Toss funding round
$214M
Undisclosed stage · Sep 2023
Toss revenue
$1.3B
Series G · Dec 2022
Key investors in Toss
Altos Ventures
Goodwater Capital
Bessemer Venture Partners
HSG
Kleiner Perkins
GIC
About Toss
Toss is a Seoul-headquartered fintech platform operated by Viva Republica since 2015. The app facilitates peer-to-peer transfers, bill splitting, QR code payments, credit scoring via Toss Score, and aggregation of 20 bank accounts. It provides access to loans, insurance, and investments, serving over 20 million users in South Korea.
Founded
2011
HQ
SeoulWebsite
Status
Privately held
Customer focus
B2C
Revenue model
Usage-based
Revenue
$1.3B (Dec 2022)
Valuation
$1.6B (Sep 2023)
Sectors
Toss Valuation
Toss is currently valued at $1.6B, based on its undisclosed-stage round in September 2023.
The $214M round included E.LAND, Standard Chartered, Home & Shopping, Viva Republica, Korea Investment Capital and 3 other investors.
Toss' valuation has grown 1.3x from $1.2B at its Series D in December 2018 to $1.6B in September 2023, across 8 priced rounds.
Toss valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Sep 2023 | Undisclosed stage | $1.6B | - |
| Mar 2023 | Undisclosed stage | $1.6B | - |
| Dec 2022 | Series G | $7.1B | 5.4x |
| Oct 2021 | Undisclosed stage | $6.7B | - |
| Jun 2021 | Series G | $7.4B | 28.4x |
| Aug 2020 | Series F | $2.6B | - |
| Aug 2019 | Series E | $2.2B | - |
| Dec 2018 | Series D | $1.2B | - |
Toss Revenue
Toss' latest recorded revenue is $1.3B, as of its Series G in December 2022. At a $7.1B valuation, that implies a 5.4x revenue multiple.
Revenue grew from $261M in June 2021 to $1.3B in December 2022, while the revenue multiple moved from 28.4x to 5.4x.
Toss revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Dec 2022 | $1.3B | $7.1B | 5.4x | Series G |
| Jun 2021 | $261M | $7.4B | 28.4x | Series G |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Toss Funding History
Toss has raised a total of $2.3B across 16 funding rounds, plus 1 secondary share sale.
Toss' first fundraising round was a $1M seed round in August 2014. The most recent completed round was a $214M undisclosed-stage round in September 2023.
Toss funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Dec 2025 | Secondary | Baillie Gifford; WCM Investment Management; Wellington Management; GIC | - | - | - |
| Sep 2023 | Undisclosed stage | E.LAND; Standard Chartered; Home & Shopping; Viva Republica; Korea Investment Capital; Altos Ventures; KEB Hana Bank; Hanwha Investment & Securities | $214M | $1.6B | Toss Bank, a South Korean internet bank and digital lender launched in 2021, completed a record 285 billion KRW capital raise through a private placement on September 25, 2023, matching the specified investors including Viva Republica, E-Land, Hana Bank (KEB Hana Bank), Altos Ventures, Home&Shopping, Korea Investment & Securities, Hanwha Investment & Securities, and SC First Bank (Standard Chartered). This funding valued the bank at 2.4 trillion KRW post-money, increasing total paid-in capital to 1.935 trillion won with 4.384 million common shares issued at 6,500 won par value, and boosted its BIS ratio to about 13%. The round, approximately $213.6 million at prevailing exchange rates, was the largest in the past year amid a tough market with recession, high rates, and inflation, highlighting strong investor confidence. Toss Bank operates as a challenger neobank competing with K Bank and Kakao Bank, focusing on loans, customer acquisition, wealth management, and expanding services like foreign remittances. Backed by its parent Viva Republica (Toss super-app ecosystem spanning payments, securities, insurance), it raised prior rounds including $154 million in March 2023 at $1.6 billion valuation (2.1 trillion KRW), bringing cumulative funding over $1.2 billion since inception. The September capital aims to scale operations, hire staff, diversify loan portfolios via partnerships like 'Together Loan' with regional banks, and reinforce financial health. later performance shows profitability with 43.27 billion KRW net profit in 2024 (first annual surplus) and around 90-100 billion KRW in 2025. Viva Republica holds a 26.05% stake as largest shareholder, with Toss Bank's growth supporting parent IPO prospects. The funding reflects high demand for internet banks amid major financial groups' investments (e.g., Hana in Toss Bank). |
| Mar 2023 | Undisclosed stage | Home & Shopping; Premier Partners; Korea Investment Capital | $154M | $1.6B | - |
| Dec 2022 | Series G | Tonic Private Equity (lead) | $405M | $7.1B | Viva Republica, operator of the South Korean financial super app Toss, closed a $405 million Series G funding round on December 19, 2022, led by Tonic Private Equity with participation from Korea Development Bank, Altos Ventures, Goodwater Capital, Greyhound Capital, Aspex Management, Bond Capital, DUMAC, and Korea Investment & Securities. The round was completed in three closes: approximately $226 million in the third quarter of 2022, $175.8 million later that quarter, and the final close in November. Post-money valuation reached 9.1 trillion won, equivalent to $7.1 billion USD, up from 8.5 trillion won ($7.4 billion at the time) in a June 2021 pre-Series G raise of $410 million; the apparent USD decline reflects South Korean won depreciation against the dollar. Toss offers a comprehensive suite of financial services including digital lending, online payments for individuals and merchants, challenger bank Toss Bank launched in December 2021, and a retail investment app Toss Securities modeled after Robinhood. Proceeds from the Series G will fund product investments, accelerate growth for Toss Bank—which grew registered users from 1.1 million to 5 million—and Toss Securities, which began a turnaround in Q3 2022 with plans for both to achieve profitability the following year. The company aims to increase revenue by 2025 ahead of a potential IPO within four years, though exact timelines were not disclosed. This up round occurred amid a challenging environment for later-stage consumer fintechs facing layoffs and valuation cuts at peers like Klarna and Chime, and stock declines at public players like KakaoBank, a Toss competitor. |
| Jun 2022 | Undisclosed stage | Hana Card; E.LAND; KBIZ; Viva Republica | $78M | - | - |
| Feb 2022 | Undisclosed stage | Welcome Capital (lead) | $250M | - | - |
| Jan 2022 | Undisclosed stage | Alameda Research (lead) | $114M | - | - |
| Oct 2021 | Undisclosed stage | Hanwha Investment & Securities (lead) | $254M | $6.7B | Toss Bank, a South Korean internet-only bank launched around 2021 by Viva Republica (operator of the Toss financial super app), received KRW 30 billion (approximately $25 million) from Hanwha Investment & Securities in late October 2021 via a private placement of 4,500,000 common shares and 1,500,000 convertible shares, approved by the board with payment on October 28. This followed Hanwha's prior 7.5 billion won investment for a 7.5% stake, increasing its ownership to 8.86%. The investment positioned Hanwha to gain exposure to fintech growth, with Toss Bank's corporate value estimated at upwards of 10 trillion won, implying the value of Hanwha's stake reached about 1 trillion won. Toss Bank aimed to compete as the third internet-only bank in South Korea against K Bank and Kakao Bank, starting full operations in September 2021. Hanwha Investment & Securities, part of the Hanwha Group, has been aggressively investing in fintech and blockchain, including stakes in Toss Bank and Dunamu (operator of Upbit crypto exchange, valued at 15-20 trillion won). Later developments include Toss Bank raising $154 million at $1.6 billion valuation in March 2023 from investors like Home & Shopping and others, with total funding over $1.2 billion by then, and plans for additional raises at higher valuations. The company reported net losses, including 264.4 billion won in 2022 and reducing quarterly losses into 2023, targeting profitability soon after. |
| Jun 2021 | Series G | Alkeon Capital (lead); Korea Development Bank; Altos Ventures; Greyhound Capital | $410M | $7.4B | Viva Republica, the Seoul-based operator of Toss, a leading mobile financial super app offering over 40 services including payments, investments, and peer-to-peer transfers, raised approximately $410 million (460 billion won) in a funding round announced June 22-23, 2021. The round was led by Alkeon Capital with 84 billion won, followed by Korea Development Bank with 100 billion won, and follow-on investments from Altos Ventures and Greyhound Capital, achieving a post-money valuation of $7.4 billion (8.2 trillion won), nearly tripling from 3 trillion won in August 2020. Toss, which started as a Venmo-like P2P transfer app in 2015, had grown to over 20 million users (one-third of South Korea's population) with 11 million monthly active users by mid-2021. The company reported revenue of around 390 billion won in 2020 and expected to exceed 1 trillion won in 2021 on a consolidated basis. This funding supports the launch of Toss Bank, a neobank focusing on lending and high-interest savings, slated for September 2021, completing its super app ecosystem including affiliate Toss Securities. The valuation reflects Toss's rapid expansion and market dominance in Korean fintech, positioning it as the country's first potential decacorn ahead of a planned 2023 IPO, with considerations for U.S. listing. Viva Republica, which reached unicorn status in 2018, had raised over $940 million in equity by this Series H round. Plans included further private fundraising of over $300 million by early 2022 before going public, alongside international expansion starting with Vietnam and additional Southeast Asian markets. |
| Aug 2020 | Series F | HSG (lead); Kleiner Perkins; FJ Labs; G Squared; Goodwater Capital; Altos Ventures; Invariantes Fund; Aspex Management; Greyhound Capital | $173M | $2.6B | Viva Republica, operator of the Toss mobile financial super app, raised $173 million in an August 2020 funding round led by HSG (Sequoia Capital China) with participation from existing investors including Aspex Management, Kleiner Perkins, Altos Ventures, Goodwater Capital, and Greyhound Capital. The deal valued the company at $2.6 billion post-money, bringing total funding to approximately $530 million. Launched in 2015 as a peer-to-peer payment service, Toss had expanded to over 40 financial services by 2020, including banking, money transfers, credit score management, and investments, with 49 million cumulative downloads and 17 million registered users as of August 2020. The new capital supported Toss's ambition to become a one-stop financial app, leveraging user data for personalized recommendations from banks, securities, and insurance providers. Key expansions included acquiring LG Uplus's payments unit to launch Toss Payments, securing 80,000 merchants representing 20% of domestic payment gateway transactions, obtaining a securities brokerage license for Toss Securities targeting millennials, and receiving preliminary approval for Toss Bank, South Korea's third digital-only bank set to launch in 2021. Toss aimed to disrupt mid-interest loan markets using proprietary data to reduce delinquency in subprime lending and lead in e-commerce payments. Toss processed transactions worth $10 billion as of August 2020 per Aju Press, with Crowdfund Insider citing around $80 billion in combined P2P and payments volume, adding 1 million users quarterly at a 225% CAGR. The round occurred amid COVID-19 market challenges, affirming Toss's leadership in South Korea's fintech sector alongside competitors like Kakao Bank. |
| Aug 2019 | Series E | Aspex Management (lead); Kleiner Perkins; FJ Labs; GIC; Bessemer Venture Partners; Goodwater Capital; Altos Ventures; HSG; Greyhound Capital | $64M | $2.2B | Viva Republica, operator of the South Korean financial super app Toss, raised $64 million in a funding round on August 8, 2019, led by Aspex Management with participation from investors including Altos Ventures, Bessemer Venture Partners, FJ Labs, GIC, Goodwater Capital, Greyhound Capital, HSG, and Kleiner Perkins, at a $2.2 billion valuation. Toss, founded in 2015, provides a comprehensive suite of financial services including money transfers, payments, banking, stock trading, loans, credit scoring, and tax services within a single app, serving millions of users and positioning itself as a transformative fintech platform in Korea's digital finance landscape. The company has demonstrated strong user adoption and retention, evolving into a super app that integrates finance with retail, mobility, and telecommunications services. This 2019 round contributed to Toss's cumulative funding, which later exceeded $1 billion across multiple rounds, reflecting investor confidence in its growth trajectory. By 2022, Toss had grown to 24 million registered users and 14 million monthly active users, with significant expansion into challenger banking via Toss Bank, securities trading through Toss Securities, and payments via Toss Payments. The platform leverages Korea's open-finance framework like MyData to offer personalized financial insights, budgeting, and targeted services, creating network effects through high daily engagement where one in five Koreans uses the app multiple times a day. Post-2019, Toss continued aggressive expansion, closing larger rounds such as a $405 million Series G in 2022 at a $7.1 billion valuation and achieving profitability milestones. Recent financials show robust revenue growth, with consolidated revenue reaching KRW 668 billion in Q2 2025 and standalone revenue of 587 billion KRW in a later period, alongside profitability in core businesses. Toss has also diversified through acquisitions like Merchant Korea for MVNO services and launched innovative products like BNPL, solidifying its role as Korea's financial control center with a focus on both consumer and business customers. |
| Dec 2018 | Series D | Kleiner Perkins (lead); Ribbit Capital (lead); Qualcomm Ventures; PayPal; DAOL Investment & Securities; Bessemer Venture Partners; Goodwater Capital; Altos Ventures | $80M | $1.2B | Toss, operated by Viva Republica, is a leading South Korean fintech super-app offering peer-to-peer money transfers, online payments, bank account aggregation, credit score management, savings, debit cards, investments, loans, insurance, stock trading, and more within a single mobile platform. By late 2018, it had over eight million registered users and achieved a transaction volume run rate of $17-18 billion annually. The company raised $80 million in a funding round in December 2018 valuing it at $1.2 billion post-money, led by Kleiner Perkins and Ribbit Capital, with participation from Altos Ventures, Bessemer Venture Partners, DAOL Investment & Securities, Goodwater Capital, PayPal, and Qualcomm Ventures, bringing total funding to $196 million and unicorn status. This round followed a $40 million bridge investment earlier in 2018 from GIC and Sequoia China, and a prior $48 million raise involving PayPal. The funds supported acceleration of product expansion and user growth in Korea's competitive fintech market. Toss has since grown massively, reaching nearly 30 million users by 2025 with diversified services into retail, mobility, and telecom, posting KRW 1.2 trillion revenue in H1 2025 and achieving profitability. It plans a Q2 2026 US IPO targeting over $10 billion valuation. |
| Jun 2018 | Series D | GIC (lead); HSG (lead); Bessemer Venture Partners; Goodwater Capital; Altos Ventures | $40M | - | Viva Republica, operator of South Korean fintech app Toss, raised $40 million in a bridge round around June 18, 2018, from GIC and Sequoia China (HSG), with participation from investors including Altos Ventures. This followed a prior $48 million round from PayPal and others. At the time, Toss had over 8 million registered users, nearly doubled from the prior year, processing $1.4 billion in monthly transaction volume, with a forecasted annual transaction run rate surpassing $18 billion and total trackable monthly volume from linked accounts around $10 billion. Toss began as a peer-to-peer money transfer service in 2015 and had expanded to include savings accounts, overseas stock investments, and credit score management by 2018. The bridge funding aimed to accelerate growth ahead of a larger raise. Later in December 2018, Toss raised $80 million led by Kleiner Perkins and Ribbit Capital at a $1.2 billion post-money valuation, achieving unicorn status, with 10 million users and 28 trillion KRW ($24.8 billion) in accumulated transfer volume. The company continued rapid expansion, reaching subsequent valuations of $7.4 billion in 2021 and higher in 2022, while adding banking, lending, investments, and international presence in Vietnam. |
| Mar 2017 | Series C | Goodwater Capital (lead); Partech; Tekton Ventures; Bessemer Venture Partners; Altos Ventures | $48M | - | Viva Republica, the company behind Korean financial services app Toss, closed a $48 million Series C funding round in March 2017 led by Goodwater Capital, with participation from PayPal, Bessemer Venture Partners, Altos Ventures, and Partech Ventures. The company operated as a mobile financial platform offering money transfer, P2P lending, credit scoring, and other banking services integrated with Korea's 18 major banks. Toss had built early traction as a tech-savvy consumer finance application and announced plans to expand further into loan marketplaces, micro-insurance, and cross-border money transfers. At the time of the round, founder Seung-gun Lee expressed confidence in the large Korean market opportunity and openness to future strategic partnerships, including potential integration with PayPal and Venmo. |
| Apr 2016 | Series B | Goodwater Capital (lead); Qualcomm Ventures; DAOL Investment & Securities; Altos Ventures | $24M | - | Toss, operated by Viva Republica, is a South Korean financial super app founded in 2011 that began as a peer-to-peer money transfer platform and expanded to offer banking, payments, loans, credit scoring, insurance, stock trading, and tax reporting services. By 2019, it had 13 million registered users and later grew to over 24 million monthly active users, capturing nearly half of South Korea's population along with over 100,000 business customers. The $23.7 million Series B round in 2016 included investors KTB, Altos Ventures, Goodwater Capital, and later Qualcomm Ventures, supporting early growth in money management services for consumers and businesses. Following the Series B, Toss raised $48 million in a Series C round in March 2017 led by Goodwater Capital and Altos Ventures, with PayPal, Bessemer Venture Partners, and Partech Ventures, achieving a post-money valuation exceeding $250 million. This was followed by a $40 million round in June 2018 from GIC and Sequoia Capital China, and then an $80 million later-stage VC round in December 2018 from Qualcomm, Novel, PayPal, Kleiner Perkins, Bessemer, Goodwater, Altos, and KTB at a $1.2 billion valuation, marking its entry into the unicorn club. These rounds built toward Toss's expansion into a comprehensive fintech platform. Toss continued scaling with later financings, including a $405 million Series G in 2022 led by Tonic Private Equity at a $7 billion valuation, following a $410 million pre-Series G in 2021 at $7.4 billion. Total funding reached over $1.6 billion across multiple rounds by 2025. In 2023, Toss reported 1.96 trillion won in revenue and its first operating profit of 90.7 billion won. The company plans a 2026 US IPO targeting over $10 billion valuation, potentially up to $15 billion, to fund global expansion where international users aim to comprise half its base within five years. |
| Jul 2015 | Series A | Altos Ventures (lead); Industrial Bank of Korea; DAOL Investment & Securities; KTB Network | $5M | - | - |
| Aug 2014 | Seed | Altos Ventures (lead); Lerer Hippeau | $1M | - | - |
Who has invested in Toss?
38 investors have backed Toss across its funding rounds, including Altos Ventures, Goodwater Capital, Bessemer Venture Partners, HSG, Kleiner Perkins and GIC.
Lead investors include Tonic Private Equity, Welcome Capital, Alameda Research, Hanwha Investment & Securities, Alkeon Capital and 7 other investors.
Toss Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 San Francisco, CA | 10 | Lead | Aug 2014 | |
| San Francisco, CA | 6 | Lead | Apr 2016 | |
| San Francisco, CA | 4 | Participant | Mar 2017 | |
| San Francisco, CA | 3 | Lead | Dec 2018 | |
| Seoul | 3 | Participant | Jul 2015 | |
 Singapore | 3 | Lead | Jun 2018 | |
 Hong Kong | 3 | Lead | Jun 2018 | |
 London | 3 | Participant | Aug 2019 | |
| San Diego, CA | 2 | Participant | Apr 2016 | |
| New York City, NY | 2 | Participant | Aug 2019 | |
| Seoul | 2 | Participant | Jun 2022 | |
| Seoul | 2 | Participant | Mar 2023 | |
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} Viva Republica | Seoul | 2 | Participant | Jun 2022 |
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Toss
Toss has acquired 3 companies to date.
Last acquisition by Toss was on July 21st 2022. Toss acquired Merchand Korea for undisclosed valuation.
Latest Acquisitions by Toss
| Description | Merchand Korea is a mobile virtual network operator in Seoul providing low-cost prepaid and postpaid plans starting at 10,000 KRW monthly. It leverages networks from SK Telecom and KT to offer data packages up to 100GB and international roaming in 50 countries. Targeted at budget-conscious students and travelers, the company covers South Korea with SIM cards available via convenience stores and online portals. Merchand Korea launched in 2015 and holds a 2% market share in the MVNO segment. | VCNC is a Seoul-headquartered company founded in 2011 that develops mobile apps enhancing personal relationships. The firm operates Tada, a taxi-hailing service, and Between, a couples' communication app. VCNC focuses on value creation through emotional connectivity in Korea's digital services market. | - |
| HQ Country | | | |
| HQ City | Seoul | Seoul | - |
| Deal Date | 21 Jul 2022 | 8 Oct 2021 | 5 Mar 2021 |
| Valuation | undisclosed | undisclosed | undisclosed |
| EV/Revenue | |||
| EV/EBITDA | |||
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Investments by Toss
Toss has invested in 3 companies to date.
Latest investment by Toss was on January 4th 2024. Toss invested in VCNC in their $8M Series A round.
Latest Investments by Toss
| Description | VCNC is a Seoul-headquartered company founded in 2011 that develops mobile apps enhancing personal relationships. The firm operates Tada, a taxi-hailing service, and Between, a couples' communication app. VCNC focuses on value creation through emotional connectivity in Korea's digital services market. | Quota Lab is a financial infrastructure company building a venture capital market ecosystem by connecting capital flows among ventures, startups, general partners, and limited partners. Its platform facilitates interactions to create efficient funding networks and supports emerging financial models in the startup investment space. | SixShop is a web design and information technology firm offering custom website development and digital solutions. The company builds e-commerce platforms, corporate sites, and interactive web applications tailored for small to medium businesses seeking online presence. |
| HQ Country | | | |
| HQ City | Seoul | Seoul | Seoul |
| Deal Date | 4 Jan 2024 | 16 Aug 2022 | 25 Jun 2021 |
| Round | Series A | Series A | Series B |
| Raised | $8M | $11M | $7M |
| Investors | - | Hana Financial Group; Hana Securities; Capstone Partners; Elefund; Draper Associates; Access Ventures | - |
| Valuation | undisclosed | undisclosed | undisclosed |
| EV/Revenue | |||
| EV/EBITDA | |||
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Toss Competitors
Toss competitors include listed companies like Kbank and Wealthfront, and private ones like Lumin Digital, Neon, D360 bank and Wave Mobile Money.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| San Francisco, CA | Private | - | - | $1.6B | - | |
 São Paulo | Private | - | - | $1.6B | - | |
 Riyadh | Private | - | - | $1.6B | - | |
| South Korea | Publicly listed | $461M | - | $1.6B | 4.2x | |
| United States | Publicly listed | $365M | ($93M) | $1.6B | 4.2x | |
 Dakar | Private | - | - | $1.7B | - |
Toss Public Comps
Toss is still privately-owned, but its public comps include Kbank, Wealthfront, PicPay, Agibank, Superbank Indonesia, Forbright Bank, Wema Bank, Banco Inter, Judo Bank and Green Dot.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $461M | - | 3.5x | 4.2x | - | - | |||
| $365M | ($93M) | 4.3x | 4.2x | (17.0x) | 9.9x | |||
| $1.2B | $205M | 1.0x | 0.5x | 6.0x | 3.8x | |||
| $1.3B | $227M | 0.8x | 0.6x | 4.4x | 5.3x | |||
| $89M | - | 10.8x | - | - | - | |||
| $325M | - | 2.9x | - | - | - | |||
| $312M | - | 2.8x | - | - | - | |||
| $1.6B | - | 1.5x | 1.2x | - | - | |||
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Common questions about Toss
| When was Toss founded? | Toss was founded in 2011. |
| Where is Toss headquartered? | Toss is headquartered in Seoul, South Korea. |
| Is Toss publicly listed? | No, Toss is a private, VC-backed company. |
| What is Toss' valuation? | Toss was last valued at $1.6B in its undisclosed-stage round in September 2023. |
| How much funding has Toss raised? | Toss has raised $2.3B across 16 funding rounds. |
| What was Toss' last funding round? | Toss' last funding round was a $214M undisclosed-stage round in September 2023. |
| Who are Toss' investors? | Toss' investors include Altos Ventures, Goodwater Capital, Bessemer Venture Partners, Kleiner Perkins, DAOL Investment & Securities, GIC, HSG, Greyhound Capital, Qualcomm Ventures, FJ Labs and 28 others. |
| What is Toss' revenue? | Toss' latest recorded revenue is $1.3B (December 2022). |
| What is Toss' revenue multiple? | Toss' latest valuation implies a 5.4x revenue multiple ($7.1B valuation on $1.3B of revenue). |
| Which companies are comparable to Toss? | Companies comparable to Toss include Lumin Digital, Neon, D360 bank, Kbank, Wealthfront and Wave Mobile Money. |
| How many companies has Toss acquired? | Toss has acquired 3 companies, including Merchand Korea, VCNC and Olaplan. |
| How many companies has Toss invested in? | Toss has invested in 3 companies, including VCNC, Quota Lab and SixShop. |
| What was Toss' last investment? | In January 2024, Toss invested in VCNC's $8M Series A. |
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