Toggle

Toggle is a robotics startup that is working on to make large scale civil and urban infrastructure projects more efficient, accessible and safe to construct.

Toggle is building new technology to increase safety, efficiency and productivity for the world’s most ubiquitous building material: reinforced concrete.

Toggle was founded in 2016 and is based in New York, New York.

Toggle's mission is to develop technology for the construction industry that will bring a new level of safety, efficiency and precision to the production of critical construction components.

Toggle’s full stack robotics and automation solution for rebar fabrication and assembly multiplies labor productivity by 2x and increases overall production 5x over traditional assembly methods. The company is reinventing the fabrication and assembly of rebar for reinforced concrete through a completely digital production process.

 

Toggle supplies fabricated rebar to urban and civil infrastructure construction projects for use in pour in place as well as precast reinforced concrete products. It also provides cage pre-tying as a service and will supply fully assembled cages onsite or to customers’ manufacturing facilities on-demand.

 

Toggle is backed by Point72 Ventures’ AI Group, Mark Cuban and VC Twenty Seven Ventures, Urban Us, Accelerate NY / Empire State Development and Perl Street Capital. The company received $3M seed funding on Oct 15, 2019. The series follows a 2018 pre-seed round of $570,000 in funding. Bringing Toggle's total funding to $3.57M to date.

 

 

  • Year founded: 2016
  • Funding Info: $3.57M over 2 Rounds (Latest Funding Type: Seed- Series Unknown)
  • Yearly Revenue: NA
  • Employee Size: 2-10
  • Business Valuation: NA
  • City/Town: New York
  • State: New York
  • Country: United States
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