# TollBit funding: rounds and investors

> TollBit has raised $24M across 1 round since 2024. Investors include Lightspeed Venture Partners, Liquid 2 Ventures and Lerer Hippeau.

Source: https://millionrounds.com/company/tollbit (Millionrounds; every figure on the page links to its filing or article)

United States · [Series A startup](https://millionrounds.com/companies)

# Who invested in *TollBit*

One round we have observed, with the 6 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI

Funding summary Updated 26 Oct 2026

**$24M** raised across 1 round since 2024, from 1 source

- **Latest round:** Series A, $24M Oct 2024
- **Investors:** 6

See who backed them

## The rounds

- **Oct 2024** Series A **$24M** [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) [S32](https://millionrounds.com/fund/s32) [Operator Collective](https://millionrounds.com/fund/operator-collective) [AIX Ventures](https://millionrounds.com/fund/aix-ventures) Source recorded

## Founders and team

From TollBit's own website: 20 on the team.

- **Toshit Panigrahi** Cofounder & CEO
- **Martin Zhu** Chief Technology Officer
- **Olivia Joslin** Cofounder & COO
- **Harsha Subramaniam** Head of India Partnerships
- **Josh Stone** VP of Business Development
- **Priya Chawla** Head of Product
- **Alec Ruiz-Ramon** Staff Platform Engineer
- **Andrew Pepper-Anderson** Staff Software Engineer
- **Anthony Vivio** Product Designer
- **Anupama Tej** Business Development Manager
- **Blair Gao** Senior Software Engineer
- **Cody Mccauley** Partnerships Manager
- **Harseet Panigrahi** Product Designer
- **Kyle Corcoran** Product Marketing Manager
- **Luke Reisch** Staff Software Engineer
- **Manju Weerasinghe** Senior Software Engineer
- **Nick Herzeca** Customer Success Manager
- **Orion Delwaterman** Staff Software Engineer

And 2 more on the team.

## Everyone who backed them

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **1** round

[Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) VC firm **1** round

[Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) VC firm **1** round

[S32](https://millionrounds.com/fund/s32) VC firm **1** round

[Operator Collective](https://millionrounds.com/fund/operator-collective) VC firm **1** round

[AIX Ventures](https://millionrounds.com/fund/aix-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=tollbit).

## Quick answers about TollBit

### Who invested in TollBit?

TollBit's investors include Lightspeed Venture Partners, Liquid 2 Ventures, Lerer Hippeau, S32 and Operator Collective, and 1 more on record.

### How much has TollBit raised?

TollBit has raised $24M across 1 round since 2024.

### When did TollBit last raise?

TollBit's most recent round was a Series A of $24M in Oct 2024.

### What was TollBit's biggest round?

Its most recent round, $24M in Oct 2024, is also its largest on record.

### Who backed TollBit first?

TollBit's first round on record, in Oct 2024, was backed by Lightspeed Venture Partners, Liquid 2 Ventures and Lerer Hippeau and 3 others.

### What stage is TollBit at?

TollBit's latest named round is a Series A, in Oct 2024.

### Where is TollBit based?

TollBit is based in the United States.

## Companies like TollBit

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