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TollBit raised $24M in a Series A funding round led by Lightspeed to enhance a payment platform for AI companies accessing content in real time.

PRIVATEOct 22, 2024•over 1 year ago

Amount Raised

$24 Million

Round Type

series a

New YorkArtificial IntelligenceMarketplaceMachine Learning

Investors

Manuel BronsteinJeff DeanSection 32Lightspeed

Description

TollBit has successfully closed a $24M Series A funding round led by Lightspeed. This funding will help advance their two-sided marketplace catering to both AI companies and publishers, ensuring seamless content access and monetization.

Company Information

Company

TollBit

Location

New York, New York, United States

About

TollBit, formerly known as Novoscribe, Inc. TollBit helps digital publishers navigate content strategy in the age of the AI internet. With TollBit, publishers can monitor and block AI bot traffic, manage licensing deals and build custom GPTs on their own content to engage users.

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Predictive Intelligence
Strategic

ML-powered predictions for TollBit's next move

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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