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Toloka
Data-centric platform that provides AI development and machine learning lifecycle support through crowdsourced data labeling and annotation services
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.
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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | May 2025 | $72M | $288M | Mikhail Parakhin · Bezos Expeditions · Nebius | ↗ |
| CORPORATE SPINOUTOther financing | Apr 2025 | $0 | — | Nebius | ↗ |
Growth signals
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.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later3 investors entered at this stage
Nebius
Bezos Expeditions
Mikhail Parakhin
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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