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toolots.com

Founded Year

2015

Stage

Growth Equity | Alive

Total Raised

$23.9M

Last Raised

$3M | 1 yr ago

About Toolots

Toolots is a cross-border online marketplace and distribution channel for factory-direct industrial tools, machinery, and technology.

Toolots Headquarter Location

17783 Indian St

Moreno Valley, California, 92551,

United States

626-658-8665

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Expert Collections containing Toolots

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Toolots is included in 2 Expert Collections, including E-Commerce.

E

E-Commerce

9,598 items

A

Advanced Manufacturing

3,517 items

Toolots Patents

Toolots has filed 4 patents.

The 3 most popular patent topics include:

  • Enterprise resource planning terminology
  • Information technology management
  • Manufacturing
patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/9/2019

Enterprise resource planning terminology, Manufacturing, Production and manufacturing, Information technology management, Software architecture

Application

Application Date

9/9/2019

Grant Date

Title

Related Topics

Enterprise resource planning terminology, Manufacturing, Production and manufacturing, Information technology management, Software architecture

Status

Application

Latest Toolots News

Industrial Equipment E-Commerce Platform Toolots Nabs $3M in Investment

Sep 29, 2021

Toolots.com is an online marketplace and distribution channel for factory-direct industrial tools, machinery and technology. Sep 29th, 2021 Toolots Inc. CERRITOS, CA — Toolots Inc.,  a rapidly growing e-commerce platform for industrial equipment, has landed a $3 million investment from Decathlon Capital Partners to accelerate its growth. The revenue-based investment package will support the continued expansion of products and inventories that are the cornerstones of Toolot’s accelerating revenue growth. Founded in 2016, the company is headquartered at Cerritos, CA. “With nearly 3,000 merchants across the globe relying on Toolot’s platform to meet the needs of more than 50,000 customers, Toolot clearly has demonstrated the superlative value proposition of a direct-sales, e-commerce model for industrial equipment,” said Jason Fu, Founder and Chief Executive Officer of Toolots. “Toolots has been rapidly adding new merchants and new product lines, allowing our company to provide unrivaled product selection and availability, timely delivery and after-sale support, all with extremely competitive pricing.” Kevin Grossman, Vice President of Decathlon Capital Partners, said Toolots has successfully built relationships in industrial-equipment verticals ranging from materials-handling to laboratory equipment and metal machine tools. “These relationships in combination with the knowledge of Toolots’ staff and its U.S. distribution facilities position the company to create new marketplace efficiencies,” Grossman said. “Manufacturers and customers alike benefit from the highly innovative Toolots platform.” The investment is based on a revenue-based finance arrangement, meaning no equity or ownership was exchanged for growth capital. Instead, the investment will be repaid through Toolot’s future revenue. Toolots.com is an online marketplace and distribution channel for factory-direct industrial tools, machinery and technology. Based in California, Toolots.com is dedicated to selling high-quality manufacturing equipment at the best price, and delivering it fast. Learn more at  www.Toolots.com . Latest in Company Expansion & Consolidation

Toolots Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Toolots Rank

  • When was Toolots founded?

    Toolots was founded in 2015.

  • Where is Toolots's headquarters?

    Toolots's headquarters is located at 17783 Indian St, Moreno Valley.

  • What is Toolots's latest funding round?

    Toolots's latest funding round is Growth Equity.

  • How much did Toolots raise?

    Toolots raised a total of $23.9M.

  • Who are the investors of Toolots?

    Investors of Toolots include Decathlon Capital Partners and Pandtong Capital.

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