Private Equity

VC Fund Investments

Low-code software co Tooljet raises $1.5 M from Nexus Venture, others

Press Release  

Bengaluru-based ToolJet, an open source low-code software for building internal tools, has raised USD 1.5 million in a seed funding round led by Nexus Venture Partners with participation from Ratio Ventures, Better Capital, Alan Rutledge as well as angel 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 (M12 Ventures). The company will use the funding for team expansion to accelerate the development of its core platform. ToolJet's technology enables companies to build their internal tools with minimum engineering effort. It currently has integrations with more than 15 data sources such as MongoDB, PostgreSQL, Google Sheets and AWS S3. The startup was founded in April 2021 by Navaneeth PK, who previously co-founded MobioPush (acqui-hired by Freshworks in 2015).