# Portola

AI companionship and chatbot platform enabling interaction with customized virtual personalities

AI-powered companion and chatbot platform allowing users to interact with customizable virtual personalities.

Canonical: https://uniquebase.ai/companies/portola
Stable identifier: UB-C2362
Snapshot captured: 2026-10-20T18:05:01.520Z
English updated: 2026-10-20T18:25:26.328Z

## Funding

Listed 2 records.
Latest: $20M, 2025-07-14.

- 2025-07-14 · $20M · Khosla Ventures, NFDG · https://m.36kr.com/p/3378446113298949
  > Portola, the company behind AI companion app Tolan, raised USD 20 million in Series A funding led by Khosla Ventures and its managing director Keith Rabois, with participation from NFDG (Nat Friedman and Daniel Gross). Following a USD 10 million seed round in month 2, total funding reached USD 30 million within half a year. The team had just 12 people. (translated source brief)
- 2025-07-02 · $20M · Series A · Daniel Gross, Keith Rabois, Khosla Ventures, Nat Friedman, NFDG · https://x.com/quintendf/status/1940495768638706111
  > In 2025/7, Tolan, an AI companion app from Portola, exceeded USD 1 million in monthly revenue, corresponding to an annualized revenue run rate of approximately USD 12 million, with about 3 million downloads. The company raised USD 20 million in Series A funding. An annualized revenue run rate cannot be directly treated as realized full-year revenue or subscription ARR. (translated source brief)

## Valuation

Listed 2 records.

- 2025-07-14 · amount unavailable · Khosla Ventures, NFDG · https://m.36kr.com/p/3378446113298949
  > Portola, the company behind AI companion app Tolan, raised USD 20 million in Series A funding led by Khosla Ventures and its managing director Keith Rabois, with participation from NFDG (Nat Friedman and Daniel Gross). Following a USD 10 million seed round in month 2, total funding reached USD 30 million within half a year. The team had just 12 people. (translated source brief)
- 2025-07-02 · amount unavailable · Series A · Daniel Gross, Keith Rabois, Khosla Ventures, Nat Friedman, NFDG · https://x.com/quintendf/status/1940495768638706111
  > In 2025/7, Tolan, an AI companion app from Portola, exceeded USD 1 million in monthly revenue, corresponding to an annualized revenue run rate of approximately USD 12 million, with about 3 million downloads. The company raised USD 20 million in Series A funding. An annualized revenue run rate cannot be directly treated as realized full-year revenue or subscription ARR. (translated source brief)

## Revenue

Listed 4 records.
Latest: $12M (ARR), 2025-07-04.

- 2025-07-04 · $12M (ARR) · https://x.com/quintendf/status/1940495768638706111
  > On 2025/7/4, X reported that Tolan disclosed annual recurring revenue (ARR) of USD 12 million in the AI Consumer sector. (translated source brief)
- 2025-07-02 · $12M (ARR) · Series A · Daniel Gross, Keith Rabois, Khosla Ventures, Nat Friedman, NFDG · https://x.com/quintendf/status/1940495768638706111
  > In 2025/7, Tolan, an AI companion app from Portola, exceeded USD 1 million in monthly revenue, corresponding to an annualized revenue run rate of approximately USD 12 million, with about 3 million downloads. The company raised USD 20 million in Series A funding. An annualized revenue run rate cannot be directly treated as realized full-year revenue or subscription ARR. (translated source brief)
- 2025-04-02 · $4M (ARR) · https://www.arr.club/tolan/tolan-reaches-4m-arr
  > On 2025/4/2, ARR Club reported that Tolan had disclosed USD 4 million in annual recurring revenue, growing rapidly from USD 1 million in month 3. It offers an AI companion chat experience. (translated source brief)
- 2025-03-06 · $1M (ARR) · https://www.arr.club/tolan/tolan-reaches-100000000-arr-2025-03
  > On 2025/3/6, ARR Club reported that Tolan had disclosed USD 1 million in annual recurring revenue. This was another revenue milestone following its first disclosure of million-level ARR at the end of 2024. (translated source brief)

## Team

- [Ajay Mehta](/people/ajay-mehta)
- [Evan Goldschmidt](/people/evan-goldschmidt)
- [Quinten Farmer](/people/quinten-farmer)

## Products

- [Tolan](/products/tolan)

## Investors

- [Daniel Gross](/institutions/daniel-gross)
- [Keith Rabois](/institutions/keith-rabois)
- [Khosla Ventures](/institutions/khosla-ventures)
- [Nat Friedman](/institutions/nat-friedman)
- [NFDG](/institutions/nfdg)

## Sources

- No source links are available for this profile.
