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Toloka

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Data-centric platform that provides AI development and machine learning lifecycle support through crowdsourced data labeling and annotation services

Amsterdam, NetherlandsFounded 2014AI
Valuation $250–500M Last recorded · 2025
Headcount 1–2k Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Toloka and the history behind them.

About Toloka

Toloka operates as a multinational data services company, headquartered in Amsterdam, providing human-in-the-loop data solutions essential for the development of artificial intelligence. Founded in 2014 by Olga Megorskaya, the company originated as a crowdsourcing platform for data markup to enhance machine learning algorithms. Megorskaya, who holds a degree in mathematical modeling, conceived of Toloka while working in the data team at Yandex, recognizing that in-house data labeling was inefficient. This insight led to the creation of a platform designed to solve the primary bottleneck in the AI industry: the scarcity of high-quality training data.

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Initially a part of the Russian technology enterprise Yandex, Toloka has since become a standalone entity. Following a significant corporate restructuring in 2023 and 2024, Yandex's Russian assets were sold, and its international divisions, including Toloka, were spun off into the newly formed, Netherlands-based Nebius Group. This separation has allowed Toloka to operate with greater independence and attract international investment. A major milestone occurred in May 2025, when the company secured a $72 million funding round led by Jeff Bezos's investment firm, Bezos Expeditions. As part of this investment, Mikhail Parakhin, the CTO of Shopify, joined Toloka's Board of Directors as Chairman.

The firm's business model is centered around its platform, which connects AI developers with a global network of over 200,000 contributors, or "Tolokers," across more than 100 countries. These contributors perform a variety of microtasks—such as data annotation, content moderation, and sentiment analysis—that are critical for training, evaluating, and refining AI models. Toloka serves a client base of enterprise-level technology companies, including prominent names like Amazon, Microsoft, Anthropic, and Shopify, who use the platform to source high-quality, human-verified data for their AI projects. Revenue is generated by providing these data solutions to businesses. The platform has evolved from general crowdsourcing to offering specialized services, including PhD-level domain expertise for large language model (LLM) development and virtual environments for testing AI agents. Its services cover dataset creation, annotation, model evaluation, and safety testing through red-teaming.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2014
Headquarters
Amsterdam, Netherlands
Employees
1,140
Open positions
15
Dealroom signal
78.6/100
Industry
Enterprise Software
Sector
AI, Developer Tools, Core AI, Software Development, MLops, Woman Founder, AI Data Preparation and Generation, AI Model Training and Development
Technology
Artificial Intelligence, Big Data, Machine Learning
Business model
SaaS
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing May 2025 $72M $288M Mikhail Parakhin · Bezos Expeditions · Nebius ↗
CORPORATE SPINOUTOther financing Apr 2025 $0 — Nebius ↗
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Growth signals

Toloka website traffic

Latest recorded traffic for Toloka is 2.6M monthly website visits, up 44.4% over the last three months. Toloka's team grew 6.2% over the past year.

Latest monthly visits2.6M 3-month web change+44.4% 1-year team growth+6.2%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later3 investors entered at this stage

Team profiled 21 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
62 countries with
team presence
🇷🇸 Serbia14.2%
🇳🇱 Netherlands7.3%
🇳🇬 Nigeria6.9%
🇰🇪 Kenya6.5%
🇺🇸 United States4.7%
Top 5 of 62 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Toloka on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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