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'Significant' Growth Funding for Toluna

October 29 2020

Consumer intelligence platform Toluna has secured a 'significant' round of financing, which it will use to fund planned global growth initiatives.

Frédéric-Charles PetitToluna, the holding company of Toluna, Harris Interactive Europe and KuRunData, employs 1,500 people in 24 offices across six continents. The undisclosed amount of additional funding comes shortly after the launch of end-to-end MR platform Toluna Start, which integrates with the group's panel of more than 30 million participants to provide insights for market understanding, new product development, brand and communications work.

Existing major shareholder Verlinvest led the new round. Toluna founder and CEO Frédéric-Charles Petit (pictured) comments: 'This latest funding round will help us build on our current momentum, as the Toluna Start platform accelerates our product development, sales and marketing efforts and best positions us as we enter the next chapter in our growth story. We are excited to continue to democratize research through technology and empower our global enterprise clientele with agility'.

Web site: www.tolunacorporate.com .

All articles 2006-20 written and edited by Mel Crowther and/or Nick Thomas unless otherwise stated.

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