ToolJet Raises $1.5M in Seed Funding


ToolJet, a Bengaluru, India-based open source low-code software for building internal tools, raised $1.5m in seed funding.

The round was led by Nexus Venture Partners with participation from Ratio ventures, Better capital, Alan Rutledge as well as enterprise founders, operators and investors, including  Rohan Murty (founder of Soroco), Sony Joy (head of Enterprise at Truecaller), Vipul Amler (founder of Saeloun), Mohammed Hisamuddin (founder of Entri ) and Abhi Kumar of M12 Ventures.

The company intends to use the funding for team expansion to accelerate the development of the core platform of ToolJet.

Founded in April 2021 by Navaneeth PK. Navaneeth has previously co-founded MobioPush which was acqui-hired by Freshworks in 2015, ToolJet provides a technology platform that enables companies to build their internal tools with minimum engineering effort. The platform is still in its early days but it has already been adopted by hundreds of startups, scale-ups and even unicorns. ToolJet currently has integrations with more than 15 data sources such as MongoDB, PostgreSQL, Google Sheets and AWS S3.

Since it was made public in June 2021, ToolJet’s GitHub repository got contributions from more than 100 contributors from more than a dozen countries.