Berkeley, CA – According to filings with the U.S. Securities and Exchange Commission, Toric Labs is raising $10,282,839.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Thiago DaCosta played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Toric Labs
Toric is a data-platform that enables anyone to integrate, transform, model and visualize data, without writing code. Toric is used by Architecture & Planning, Civil Engineering, Construction, Real estate operations and developers to leverage their existing data. Using Toric companies can combine design, project, and finance data in one place for realtime analysis, insights, and decision making. Founded in 2019, Toric recognized the problem organizations were facing – collecting and utilizing all of their data to perform analysis in a time-sensitive way, without leaving any data behind. Toric is a privately owned company, having raised $15m in equity financing from investors Storm Ventures, Leaders Fund, GFC, Real Ventures, Pathbreaker Ventures, and investors Carl Bass (former CEO of Autodesk) and Chris Lynch (chairman Data Robot).

To learn more about Toric Labs, visit http://www.toric.com/

Contact:
Thiago DaCosta, Chief Executive Officer
508-254-8404
thiago@toric.com
https://www.linkedin.com/in/thiagocosta2/

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