Tonkean builds a no-code business automation platform that lets operations teams (sales ops, marketing ops, etc.) set up automated business logic across applications while supporting human-in-the-loop steps. The product is designed to be IT-friendly and to support enterprise-scale customers. Users employ off-the-shelf command modules or build custom logic to automate workflows—for example, triggering a Marketo campaign when a salesperson selects a lead while alerting a human for approval. Tonkean's software aims to empower nontechnical ops teams to automate work without relying on engineering. The company grew quickly in 2020, with growth concentrated in the second half of the year. It employs around 60 people today, up from about 15 at the time of its Series A, and plans to hire rapidly with the new capital. Financially, Tonkean closed a $50 million Series B and the CEO said the company's valuation rose about fourfold; he also noted most of the prior $24 million Series A remains in the bank. Tonkean is an SF startup that sells a no-code automation platform positioned as human-in-the-loop robotic process automation. Its software integrates with many data sources and provides a visual drag-and-drop workflow builder that lets users create custom automations. Customers use the platform to route tasks to the right person, automate follow-ups, and move data between systems, and can leverage templates added by other customers. The company emphasizes stripping repeatable tasks from ops teams and handling early steps in operational processes. Tonkean closed a $24 million Series A led by Lightspeed Venture Partners and has raised just over $31 million to date; Lightspeed partner Raviraj Jain is joining the board. The startup is aiming to scale during uncertain times while competing in a crowded RPA market that includes players like Automation Anywhere and UIPath. Tonkean provides an operating system for operations teams that lets business and functional operations managers deploy custom bots without code or development expertise. Its platform leverages context-aware automation, AI-driven people coordination and 1,000+ system connectors to automate administrative tasks and coordination work across systems. Use cases include automating front‑office processes like customer support triage and lead qualification, and back‑office workflows such as legal request intake and routing. The company has built a technology partner portfolio including DocuSign, Zendesk, Intercom and Front. Tonkean intends to use the new funding for strategic growth, hiring initiatives and continued development of its robotic automation and management platform. The company is led by co‑founder and CEO Sagi Eliyahu and is based in San Francisco, CA.

Total raised

$81M

Funding rounds

3

Latest round

Series B

Latest activity

Jun 2021