TollBit
Founders
Toshit Panigrahi - Co-Founder & CEO
Olivia Joslin - Co-Founder & COO
Founded
2023
Stage
Series A
Status
Private
Lightspeed Team
Michael Mignano - Partner
Faraz Fatemi - Partner

TollBit is a first-of-its-kind platform to help websites ensure fair compensation for their content and data. The platform allows AI bots and data scrapers to pay websites directly, rewarding quality content creation and mitigating the legal uncertainty of scraping.

TollBit’s clients are companies with openly accessible websites, whose data are vulnerable to scraping. They includes publishers, sites with user-generated content, and sites that allow end users to take action – such as e-commerce sites. Using TollBit, websites can sign up rates and rules can be set for autonomous (non-human) access to any specific URL. Tollbit also provides powerful analytics and visibility to companies about autonomous traffic. On the other side, companies doing the scraping today can use Tollbit to access content and data on websites for a fee in exchange for licensing and a cleaner more digestible version of the URL page. Tollbit enables websites to realize the true value of their data, which would otherwise be prone to payment-free scraping.

Faraz Fatemi