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Tovala

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
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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%
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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
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Tovala Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000 14-Nov-2017 000000000000000000 Application Software 00000 00000
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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
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Tovala Executive Team (6)

Name Title Board
Seat
Contact
Info
David Rabie Co-Founder and Chief Executive Officer
Taryn Aronson Chief Operating Officer
Bryan Wilcox Ph.D Chief Technology Officer & Co-Founder
Alexander Plotkin Chief Culinary Officer
Keeley Kabala Vice President, Hardware Engineering
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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