What is Toolots? Toolots Review, Features

Toolots is a subsidiary of Toolots Inc., headquartered in California, USA. It is a high-tech Internet company focusing on cross-border vertical e-commerce for industrial equipment. The Toolots Inc team is engaged in cross-border e-commerce in multiple professional fields in the United States, and the e-commerce platforms they operate are ranked leading in the United States, with rich experience in cross-border e-commerce practice.

About Toolots

Its predecessor was BoltonTools, an industrial equipment e-commerce platform founded in the United States in 1999. As a well-known e-commerce platform and brand in the field of metal processing machinery in the United States, BoltonTools has been committed to providing high-quality metal processing machinery and spare parts to more than 30,000 customers in the United States in the 21 years since its establishment. These customers include not only small and medium-sized manufacturing companies in the United States, but also scientific research institutions, universities and technical schools in the United States.

Advantages

• It completely subverts the traditional intermediate links of foreign trade exports, helps Chinese industrial equipment manufacturers get rid of their dependence on intermediate agents or distributors, and sells their products directly to American end users.
• It can meet customers' customized needs for products and lead the trend of the future Industrial 4.0 era.

Development History

-In 1999, BoltonTools, the predecessor of Toolots, was founded in the United States;

-In 2015, Tolas (Ningbo) Co., Ltd. was registered and established;

-In 2016, the first batch of Chinese suppliers signed contracts with Toolots, Toolots (China) was registered and established, the first batch of products from Chinese suppliers were shipped to the US warehouse, the US "Business Week" published an article about Toolots, the first prototype of the first product line was shipped, the first China-US Manufacturing Exchange Summit was held, and the first sales order of the Toolots platform was generated;

-In 2017, the first financing conference was held in the United States, the PreA round financing framework agreement was signed, the US T18Capital invested in Toolots, the number of manufacturers signed contracts exceeded 100, Toolots (Taiwan) was officially registered and established, Toolots (Qingdao) was officially put into operation, and Toolots (Shanghai) was officially put into operation;

-In 2018, Tolas (Shenzhen) Co., Ltd. was registered and put into operation. YUUTOOL became an independent wholly-owned subsidiary of Tolas. Tolas made its first official appearance at the Canton Fair and its innovative business model attracted wide attention.

-2019

Tolas successfully completed PreA+ round of financing with a total amount of US$8.5 million;

-In 2020, the Free Trade Zone (FTZ) of Tolas’ US headquarters was approved, and Tolas’ new warehouse in Moreno Valley, California, was put into use.

Corporate Culture

Helping American manufacturing achieve greater success

Help Chinese manufacturing products upgrade and enter the global market