Tovala Overview
- Year Founded
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2015
- Status
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Private
- Employees
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350
- Latest Deal Type
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Series C
- Latest Deal Amount
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$56M
- Investors
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54
Tovala General Information
Description
Provider of meal services intended to provide fresh, chef-crafted meals along with a smart oven work together. The company's service consists of an internet-connected countertop steam oven capable of multi-step cooking with meals prepared by gourmet chefs, making dinner preparation as simple as scanning a barcode, enabling consumers to eat delicious, healthy, home-cooked meals while saving time.
Contact Information
Website
www.tovala.comCorporate Office
- 1021 West Adams Street
- Suite 100
- Chicago, IL 60607
- United States
Corporate Office
- 1021 West Adams Street
- Suite 100
- Chicago, IL 60607
- United States
Tovala Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC (Series C) | 01-Jul-2022 | $56M | Completed | Generating Revenue | ||
| 6. Later Stage VC (Series C) | 04-Feb-2021 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series B3) | 02-Jun-2020 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 19-Dec-2017 | Completed | Generating Revenue | |||
| 3. Seed Round | 10-Jan-2017 | Completed | Generating Revenue | |||
| 2. Product Crowdfunding | 07-Apr-2016 | $256K | $120K | Completed | Startup | |
| 1. Accelerator/Incubator | 22-Mar-2016 | $120K | $120K | Completed | Startup |
Tovala Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C-2 | ||||||||
| Series C-1 | ||||||||
| Series C | ||||||||
| Series B3 | ||||||||
| Series B2 | ||||||||
| Series B1 | ||||||||
| Series A6 | ||||||||
| Series A5 | ||||||||
| Series A4 | 3,661,089 | $0.000010 | $0.32 | $0.32 | 1x | $0.32 | 1.64% | |
| Series A3 | 1,669,757 | $0.000010 | $0.27 | $0.27 | 1x | $0.27 | 0.75% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Tovala Comparisons
Industry
Financing
Details
Tovala Competitors (2)
One of Tovala’s 2 competitors is CookUnity, a Venture Capital-Backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| CookUnity | Venture Capital-Backed | New York, NY | ||||
| Suvie | Venture Capital-Backed | Cambridge, MA |
Tovala Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Tovala Patents
Tovala Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20190315553-A1 | Cooling pack including consumable food product and systems and methods for optimizing packaging for perishable items using same | Inactive | 17-Apr-2018 | ||
| US-20170016623-A1 | Automated cooking device and method | Inactive | 14-Jul-2015 |
Tovala Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Tovala Investors (54)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Beringea | Venture Capital | Minority | ||
| Caruso Ventures | Venture Capital | Minority | ||
| DYDX | Venture Capital | Minority | ||
| Finaccess Capital | Growth/Expansion | Minority | ||
| FJ Labs | Venture Capital | Minority |
Tovala Acquisitions (1)
Tovala’s most recent deal was a Merger/Acquisition with Radish (Application Software). The deal was made on 14-Nov-2017.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Radish (Application Software) | 14-Nov-2017 | Merger/Acquisition | Other Restaurants, Hotels and Leisure |
Tovala FAQs
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When was Tovala founded?
Tovala was founded in 2015.
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Where is Tovala headquartered?
Tovala is headquartered in Chicago, IL.
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What is the size of Tovala?
Tovala has 350 total employees.
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What industry is Tovala in?
Tovala’s primary industry is Food Products.
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Is Tovala a private or public company?
Tovala is a Private company.
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What is the current valuation of Tovala?
The current valuation of Tovala is .
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What is Tovala’s current revenue?
The current revenue for Tovala is .
-
How much funding has Tovala raised over time?
Tovala has raised $119M.
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Who are Tovala’s investors?
Beringea, Caruso Ventures, DYDX, Finaccess Capital, and FJ Labs are 5 of 54 investors who have invested in Tovala.
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Who are Tovala’s competitors?
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