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Toric Labs
No-code data platform for the construction industry
About Toric Labs
Toric Labs, Inc. provides a no-code, all-in-one data analytics workspace designed for the architecture, engineering, and construction (AEC) industry. Founded in 2019 by CEO Thiago da Costa and CTO Dov Amihod, the company is headquartered in Berkeley, California. The platform enables users to integrate data from various sources, including BIM/CAD models, project management software, and financial systems, to create automated, real-time reports and dashboards without writing any code.
The founders, da Costa and Amihod, are serial entrepreneurs, having previously founded Lagoa, a cloud-based 3D mechanical CAD platform, which was acquired by Autodesk in 2014. Da Costa's subsequent experience at Autodesk and a personal venture into real estate development highlighted the construction industry's reliance on spreadsheets and the challenges of fragmented data. This experience directly led to the creation of Toric, aimed at unifying design, project, and financial data for real-time analysis and decision-making.
Toric's platform addresses the need to connect disparate data sources by offering features to integrate, transform, and visualize information. It integrates with key industry software such as Autodesk Construction Cloud, Procore, Revit, Oracle Primavera, and Salesforce. The business model is a managed SaaS solution, generating revenue through subscriptions to its platform. Toric has raised significant funding from investors including Storm Ventures, Leaders Fund, and Autodesk.
Source: Dealroom company dataAt a glance
- Founded
- 2019
- Headquarters
- Oakland, United States
- Sector
- Other B2B Software
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