Quild Mini🦄 #144: Tonkean

No-code OS for business operations

This is the Quild Minicorn, highlighting one future of work minicorn every weekday - early-stage startups with statistically significant signals of becoming a unicorn.

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Tonkean is the OS for Business Operations, transforming operations teams from facilitators into Makers with an enterprise-grade, no-code process orchestration platform. By abstracting the technical knowledge required to automate, monitor, and manage mission-critical business processes, while still maintaining compliance and security, Tonkean enables enterprises to accelerate operational velocity at scale.

Founders: Sagi, Offir

Signals:

1. Venture-backed experience

   • Both Sagi and Offir were engineers at Jive via Offisync acquisition

2. Top institution alumni

   • Both Sagi and Offir were engineers of Israeli Defense Forces

3. Fast team growth

   • Grew 1.5x YoY to 97 employees

   • And hiring more

4. Accelerated financing

   • Seed in 2019, series A in 2020, series B in 2021

5. Midas list investors

   • Accel led series B

   • Lightspeed led series A

   • Foundation Capital led seed

Similar Quild companies: There were several no/low-code tools featured before but the Next Matter has the most similar value proposition of automating business operations

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Till tomorrow, Kenn