Tovala
2015
FOUNDED
PRIVATE
STATUS
41-50
EMPLOYEES
Series A2
LATEST DEAL TYPE
$7.08M
LATEST DEAL AMOUNT
19
INVESTORS
Description
Povider of meal system intended to provide home-cooking solutions. The company's meal system combines 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 busy people to get access effortless way to eat delicious, healthy, home-cooked meals.
Website
Formerly Known As
Maestro
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Household Appliances
Other Industries
Application Software
Food Products
Primary Office
- 400 North Racine
- Unit 109
- Chicago, IL 60642
- United States
+1 (310) 000-0000
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Tovala Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Early Stage VC (Series A2) | 31-May-2019 | $7.08M | 000.00 | 0000 | Completed | Generating Revenue |
| 6. Early Stage VC (Series A) | 19-Dec-2017 | 00.00 | 000.00 | 000.00 | Completed | Generating Revenue |
| 5. Early Stage VC | 10-Jan-2017 | 00.000 | 00.00 | Completed | Generating Revenue | |
| 4. Seed Round | 18-Oct-2016 | 00.00 | 00.000 | Completed | Startup | |
| 3. Product Crowdfunding | 07-Apr-2016 | 00000 | 00000 | Completed | Startup | |
| 2. Accelerator/Incubator | 22-Mar-2016 | $120K | $190K | 00.000 | Completed | Startup |
| 1. Early Stage VC | 09-Dec-2015 | $70K | $70K | Completed | Startup |
Tovala Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series A1 | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.00 | |
| Series A6 | 000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
| Series A5 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
| Series A4 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
| Series A3 | 1,669,757 | $0.000010 | $0.27 | $0.27 | 1x | $0.27 | 2.32% | |
| Series A2 | 3,586,885 | $0.000010 | $0.16 | $0.16 | 1x | $0.16 | 4.98% |
Tovala Competitors (4)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Suvie | Angel-Backed | Cambridge, MA | 00.000 | 000000000000 | 00.000 | |
| 0000 | Venture Capital-Backed | San Francisco, CA | 00 | 000.00 | 00000000000 | 000.00 |
| 00000 | Venture Capital-Backed | Redwood City, CA | 00 | 0000 | 000000000000 | 0000 |
| 000000000 | Corporate Backed or Acquired | Stamford, CT | 0000 | 000000&0 |
Tovala Acquisitions (1)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 000000 | 14-Nov-2017 | 000000000000000000 | Application Software | 00000 00000 |
Tovala Investors (19)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Vernon & Park Capital | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Joseph Mansueto | Angel (individual) | Minority | 000 0000 | 000000 0 | ||
| Larry Levy | Angel (individual) | Minority | 000 0000 | 000000 0 | ||
| RiverPark Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Tyson Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 |
Tovala Executive Team (6)
You’re viewing 5 of 6 executives. Get the full list »Tovala Board Members (3)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Jason Heltzer | Origin Ventures | Board Member | 000 0000 | |
| Reese Schroeder JD | Tyson Ventures | Board Observer | 000 0000 | |
| Scott Stern | Origin Ventures | Board Member | 000 0000 |