Toucan Toco: Raises €12m in Series A Funding

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Toucan Toco: Raises €12m in Series A Funding

Toucan Toco: Raises €12m in Series A Funding

  • Toucan Toco, Paris-based data storytelling startup, has raised its first-ever funding with a €12M led by Balderton Capital
  • Since its launch in 2014, the French startup has self-financed its way to profitability
  • Toucan Toco is a data visualisation software that makes business intelligence easy to understand for non-technical decision makers
  • The app is so easy to use that it has an end-user adoption rate of 90 percent
  • Over the next year, the company aims to double its team in the United States
  • Miglietti will also relocate to Boston and a new country manager will be appointed in the Netherlands