Toca Boca saw significant growth in 2021, and Spin Master stated in its annual report that Digital Games, of which Toca Boca is a significant part, had a revenue of over US$ 174.8 million. In 2020, Fredrik Löving took over as Toca Boca's new CEO. In 2016, Bonnier sold Toca Boca to the Canadian toy and entertainment company Spin Master for SEK 263 million.
Toca Boca’s apps has been downloaded more than 400 million times by users in over 238 markets ever since the first launch. They released their first application in March 2011. Toca Boca was founded in September 2010 by Emil Ovemar and Björn Jeffery, both of whom worked for the Bonnier Group. The company is owned by Spin Master and is based in Stockholm, Sweden. Toca Boca is a Swedish children’s Mobile video game developer.
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