Toba Capital portfolio

Toba Capital has 4 portfolio companies on record at Recent Funding.

Website: tobacapital.com.

X: @TobaCapital.

Type: Venture capital.

Portfolio on Recent Funding: 4.

Deals, last 12 months: 0.

Rounds led: 5 of 9.

Capital in their rounds: $336M.

Latest deal: Wallarm · Aug 6, 2025.

About this page

It is a venture capital firm based in US, founded in 2012. It led 5 of the 9 rounds it joined. Its most recent investment on record is Wallarm's $55M Series B+ round in August 2025, which it led. By category, its portfolio leans toward Cybersecurity (2) and Developer tools and cloud (2). It has co-invested with Insight Partners, Index Ventures and BoxGroup, most often Insight Partners (3 rounds).

About Toba Capital

Firm type: Venture capital.

Headquarters: US.

Founded: 2012.

Stages: Pre-Seed, Seed, Series A.

Sectors: Enterprise Software, Sector Agnostic.

Check size: $1M to $10M.

Leads rounds: Yes.

Portfolio companies: 126.

Exits: 33.

Rounds led: 1.

What Toba Capital invests in

Cybersecurity · 2 · 50%
Developer tools and cloud · 2 · 50%
Fintech · 2 · 50%
Sales and marketing · 1 · 25%
HR and recruiting · 1 · 25%
Legal and compliance · 1 · 25%

Toba Capital recent investments

Company	Round	Date	Alongside
WWallarm	Series B+ · $55M · lead	Aug 6, 2025	none named
BBoulevard	Series B+ · $70M	Aug 10, 2022	VMG Partners, BoxGroup, Bonfire Ventures +2
PPerimeter 81	Series B+ · $100M	Jun 6, 2022	ION Crossover Partners, Spring Ventures, Entrée Capital +2
BBoulevard	Series B+ · $27M · lead	Nov 23, 2020	VMG Partners, BoxGroup, Bonfire Ventures +3
PPerimeter 81	Series B+ · $40M	Aug 11, 2020	SonicWALL, Spring Ventures, Insight Partners (lead)
PPerimeter 81	Series A · $4.5M · lead	Mar 11, 2020	none named
WWallarm	Series A · $8M · lead	Oct 22, 2018	Y Combinator, Taver Capital Partners, Partech
FFloqast	Series B+ · $25M	Jun 21, 2017	Amplify.LA, Polaris, Insight Partners (lead)

How Toba Capital invests

Stage	Deals	Capital in rounds
Series B+	6 67%	$317M
Series A	3 33%	$19M

Year	Deals	Capital in rounds
2016	1 11%	$6.5M
2017	1 11%	$25M
2018	1 11%	$8M
2020	3 33%	$71.5M
2022	2 22%	$170M
2025	1 11%	$55M

Toba Capital portfolio companies

WWallarm$55MSeries B+ · Aug 2025
BBoulevard$70MSeries B+ · Aug 2022
PPerimeter 81$100MSeries B+ · Jun 2022
FFloqast$25MSeries B+ · Jun 2017

Company	Round with Toba Capital	Total raised	Latest raise
WWallarm Cybersecurity	Aug 6, 2025 Series B+ · $55M · lead	$65.3M	Aug 6, 2025 Series B+
BBoulevard Sales and marketing	Aug 10, 2022 Series B+ · $70M	$191M	Jul 17, 2025 Series B+
PPerimeter 81 Cybersecurity	Jun 6, 2022 Series B+ · $100M	$159.5M	Jun 6, 2022 Series B+
FFloqast Legal and compliance	Jun 21, 2017 Series B+ · $25M	$281.5M	Apr 10, 2024 Series B+

Most frequent co-investors

Similar investors

Investors whose portfolios on Recent Funding center on the same category (Cybersecurity).

How this is counted

Firm profile: Fundraising Fox Open Dataset v2026-09, CC BY 4.0. Track-record counts are theirs, not Recent Funding's.

Share is of the 9 rounds on Recent Funding that name Toba Capital. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio companies are the companies on Recent Funding with a round that lists Toba Capital, which is a subset of its real portfolio. API: /api/v1/investors/toba-capital (get a free API key). More: the most active VC firms and new venture capital funds.