Tome
Tome is a company.
Financial History
Tome has raised $75.0M across 3 funding rounds.
Leadership Team
Key people at Tome.
Frequently Asked Questions
How much funding has Tome raised?
Tome has raised $75.0M in total across 3 funding rounds.
Tome is a company.
Tome has raised $75.0M across 3 funding rounds.
Key people at Tome.
Tome has raised $75.0M in total across 3 funding rounds.
Tome has raised $75.0M in total across 3 funding rounds.
Tome's investors include Andreessen Horowitz, Base Partners, Blockchain.com Ventures, C2 Investment, Coatue, Conviction Partners, Cyberstarts VC, Factor Capital, GreaterGoodSociety, Greenoaks Capital, Greylock, Erik Nordlander.
Key people at Tome.
Tome is a software development company founded in 2014, specializing in custom software solutions for mobility tech, IoT, embedded systems, and automotive applications.[2][1] It serves clients by building production software that enhances connectivity, user experiences, and real-world integrations, such as IVI applications, sensor data collection, robotics, and AI-driven route planning, addressing complex problems in an increasingly mobile landscape.[2] Acquired by Valtech in January 2023 after raising $400K, Tome focuses on validating, prototyping, designing, and building software with a blend of engineering, research, and creative energy.[1][2]
(Note: Search results also reference a separate AI-powered presentation platform called Tome, but the primary match for "Tome - Tome is a company" aligns with the acquired Michigan-based software firm; the AI tool appears distinct without shared founding or acquisition details.)[3][4]
Tome was founded in 2014 in Royal Oak, Michigan, by serial entrepreneurs Jake Sigal and Massimo Baldini, who brought experience in solving complex tech challenges.[2][1] The idea emerged from a vision of mobility tech innovation centered on real-world connections—social, hardware, and over-the-air signals linking people, products, and tools for work and life.[2] Early traction built through projects in automotive (e.g., V2X, last-mile delivery), IoT (sensor fusion, DevOps), embedded systems (firmware, computer vision), and app development (AI object detection for iOS/Android), positioning Tome to replace bureaucratic hurdles with rapid development.[2] By 2023, this momentum led to acquisition by Valtech, with investors including Paycheck Protection Program and StartUp Health supporting $400K in total funding.[1]
Tome rides the wave of mobility tech and IoT convergence, where connected devices, vehicles, and sensors demand robust software to handle data fusion, AI processing, and real-time interactions amid rising smart city and autonomous systems trends.[2][1] Timing aligns with post-2020 acceleration in V2X communications, embedded AI, and remote work tools, amplified by corporate wellness and hardware-software integration needs during the pandemic.[1] Market forces like automotive electrification, IoT proliferation (e.g., sensor networks), and supply chain digitization favor Tome's niche, as firms seek agile partners for custom firmware and apps without in-house overhead.[2] Post-acquisition by Valtech, Tome influences the ecosystem by scaling expertise in DevOps and computer vision, contributing to broader adoption of connected mobility solutions.[1]
Under Valtech ownership since 2023, Tome is poised to expand its mobility and IoT portfolio, leveraging the acquirer's global reach for larger automotive and embedded projects amid surging demand for AI-sensor fusion and V2X in autonomous vehicles.[1][2] Trends like edge computing, 5G-enabled IoT, and sustainable mobility will shape its trajectory, potentially amplifying patent-driven innovations in occupancy and wireless systems.[1] Its influence may evolve from boutique developer to integrated player in Valtech's offerings, fueling startup-like agility in enterprise tech ecosystems—echoing its founding mission to connect the real world through smart software.
Tome has raised $75.0M across 3 funding rounds. Most recently, it raised $43.0M Series B in February 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2023 | $43.0M Series B | Andreessen Horowitz, Base Partners, Blockchain.com Ventures, C2 Investment, Coatue, Conviction Partners, Cyberstarts VC, Factor Capital, GreaterGoodSociety, Greenoaks Capital, Greylock, Erik Nordlander, Infinite Capital, Innovation Endeavors, Lightspeed Venture Partners, Oren Yunger, Outcast Ventures, Tucker Seed Fund LLC, Zeev Capital, Anshu Sharma, Assaf Rappaport, George Burke, George Kurtz, Jared Leto, Michael G. Rubin, Oren Dobronsky, Scott Belsky, Thomas Vu | |
| Sep 1, 2021 | $26.0M Series A | Andreessen Horowitz, Base Partners, Coatue, GreaterGoodSociety, Greenoaks Capital, Erik Nordlander, Lightspeed Venture Partners, Outcast Ventures, Tucker Seed Fund LLC, Zeev Capital, Oren Dobronsky | |
| Jan 1, 2021 | $6.0M Seed | Blockchain.com Ventures, Conviction Partners, Factor Capital, Greylock, Infinite Capital, George Burke, Jared Leto |