Quild Mini🦄 #144: Tonkean

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

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

   1. Both Sagi and Offir were engineers at Jive via Offisync acquisition

2. Top institution alumni

   1. Both Sagi and Offir were engineers of Israeli Defense Forces

3. Fast team growth

   1. Grew 1.5x YoY to 97 employees

   2. And hiring more

4. Accelerated financing

   1. Seed in 2019, series A in 2020, series B in 2021

5. Midas list investors

   1. Accel led series B

   2. Lightspeed led series A

   3. 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

Till tomorrow, Kenn