Togal.AI Wins First Place at International Startup Competition and Receives $420,000 Investment

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Togal.AI is incredibly honored to be the winner of the eMerge Americas Startup Showcase. This year’s showcase had over 16,000 attendees, and 4000 companies in over 40 countries. It also featured 250+ speakers including Reddit cofounder Alexis Ohanian, and Shark Tank’s Kevin O’Leary.

After competing against thousands of startups worldwide, we won first place and received a $420,000 investment from Algorand, Florida Funders and Panoramic Ventures.

Shark Tank’s Kevin O’Leary Selects Togal.AI

We are beyond excited to see Togal continue to make a huge impact in speeding up the building process. 

With machine learning, Togal.AI calculates plans, labels walls and rooms, and updates construction blueprints. Large projects can be hundreds of pages long, but Togal reduces weeks of work into seconds.

Togal CEO, Patrick Murphy, pitched the vision in front of celebrity judges, including Kevin O’ Leary of Shark Tank - who was a judge and deciding factor in our big win at the showcase.

According to Murphy, “Getting validation from a Shark Tank judge is not only cool, but a sign that Togal.AI is worth investing in.” 

Thank you so much for all your support!

Togal spent two years in development prior to launching 6 months ago, and we are excited to continue to make an impact on the construction industry. 

Transforming the world of construction takes tremendous planning, effort, and most importantly, support and positive reception from the community.  It has been an incredible journey and we have worked tirelessly as a team to get to this point. 

As a result, top construction companies have been using Togal.AI, and giving us rave reviews for saving time and money by accelerating the estimating process. 

We have also been featured in Engineering News-Record (ENR), The Real Deal, Construction Dive, Construction Executive, the South Florida Business Journal, Florida Trend, Florida Construction News, Construction Equipment Guide, Constructech, Tribe, Cafecito Talk with Miami Mayor Francis Suarez and other outlets and publications. 

We aim to continuously streamline the preconstruction process as an AI Estimating Software. 

Recently, we’ve announced a new partnership with Beck Technology. Togal.AI also made it in the “top 50” in BuiltWorld’s Construction Tech List for the second year in a row.

None of it would’ve been possible without your support. Thank you so much for all that you do for us, and for being on a winning team. This win was a great honor.

We look forward to keeping you updated on all of the exciting advancements within the company and any awards and accolades we may receive. If you want to learn more about how Togal.AI can integrate with your workflow, request a demo here.