Toucan builds a social-first virtual video platform that recreates party-like spaces where attendees see icons dotted around a room and can move between small groups rather than being placed into one large call. The product embeds social psychology into the experience and the team includes social psychologists on its advisory board (including Bill von Hippel) to shape product decisions. The platform evolved from an unstructured private beta into a product with light-structure features such as Meeting Spots, which nudge attendees toward topical gatherings without restricting movement. Early users include small and medium-sized businesses, organizations, and school groups; the company reports more than 35,000 unique users, a 42.6% CMGR of users, and users from 168 countries. Toucan reports an average event duration of 111 minutes and observes 4.89 hours of conversation per hour on the platform, driven by breakout group usage. The team is prioritizing personalization and plans additional product development, and they intend to continue raising funds to support that roadmap.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2021