Togal.ai

Togal.ai

A platform that allows users to extract information from construction plans and documents. Learn more

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD20222023
Revenues2.1m2.7m
% growth-29 %
  • Edit
DateInvestorsAmountRound
-

N/A

-
*

N/A

Seed
N/A

N/A

Early VC

$420k

Early VC
*

$5.0m

Valuation: $50.0m

Seed
Total Funding$5.4m

Recent News about Togal.ai

Edit
More about Togal.aiinfo icon
Edit

Togal.AI is a technology company specializing in AI-powered construction estimating software. The company operates in the construction industry, targeting contractors, builders, and construction managers who require precise and efficient project estimates. Togal.AI leverages deep learning and artificial intelligence to automate the takeoff process, which involves measuring and quantifying materials and labor needed for construction projects. This automation significantly reduces the time and cost associated with manual estimation, enhancing overall project efficiency.

The business model is primarily SaaS (Software as a Service), where clients subscribe to use the software on a recurring basis. Revenue is generated through subscription fees, which can vary based on the level of service and features required by the client. Togal.AI's software integrates seamlessly with existing construction management tools, ensuring minimal disruption to current workflows and eliminating switching costs.

The market for Togal.AI includes small to large construction firms looking to improve their estimation accuracy and efficiency. By addressing the unmet needs of the construction estimation segment, Togal.AI aims to enhance the performance of estimators, allowing them to focus on more strategic tasks.

Keywords: AI-powered, construction estimating, deep learning, automation, SaaS, efficiency, cost reduction, integration, construction management, project estimates.