Tovala Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 350

Employees

  • Latest Deal Type
  • Series C

  • Latest Deal Amount
  • $56M

  • Investors
  • 53

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.com
Formerly Known As
Maestro
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Food Products
Other Industries
Electronics (B2C)
Application Software
Other Restaurants, Hotels and Leisure
Corporate Office
  • 1021 West Adams Street
  • Suite 100
  • Chicago, IL 60607
  • United States
+1 (312) 000-0000

Tovala Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Tovala Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC (Series C) 01-Jul-2022 $56M 00000 00000 Completed Generating Revenue
6. Later Stage VC (Series C) 04-Feb-2021 0000 0000 00000 Completed Generating Revenue
5. Later Stage VC (Series B3) 02-Jun-2020 0000 0000 0000 Completed Generating Revenue
4. Early Stage VC (Series A) 19-Dec-2017 00.00 0000 000.00 Completed Generating Revenue
3. Early Stage VC (Series A) 10-Jan-2017 00.000 00.000 000.00 Completed Generating Revenue
2. Product Crowdfunding 07-Apr-2016 $256K $120K Completed Startup
1. Accelerator/Incubator 22-Mar-2016 $120K $120K 00.000 Completed Startup
To view Tovala’s complete valuation and funding history, request access »

Tovala Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C-2 0,000,000 00.000000 00.00 00.00 00 00.00 0.000
Series C-1 00,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series C 00,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series B3 0,000,000 00.000000 00.0 00.0 00 00.0 00
Series B2 00,000,000 00.000000 00.00 00.00 00 00.00 0.000
Series B1 00,000,000 00.000000 00.00 00.00 00 00.00 00.000
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 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%
To view Tovala’s complete cap table history, request access »

Tovala Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of meal services intended to provide fresh, chef-crafted meals along with a smart oven work together. The compa
Food Products
Chicago, IL
350 As of 2023
00000
00000 0000-00-00
00000000000 00000

000000

at nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa
00000 00000000000, 0
Tempe, AZ
0000 As of 0000
00000
000000000000

00000

sse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat no
000000000 0000000000
Cambridge, MA
00 As of 0000
0000
00000 0000-00-00
00000000000 0000
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Tovala Competitors (2)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Freshly Private Equity-Backed Tempe, AZ 0000 00000 000000000000
Suvie Venture Capital-Backed Cambridge, MA 00 0000 00000000000 0000
You’re viewing 2 of 2 competitors. Get the full list »

Tovala Executive Team (11)

Name Title Board Seat Contact Info
David Rabie Co-Founder and Chief Executive Officer
Taryn Aronson Chief Financial Officer & Co-Chief Operating Officer
Keeley Kabala Co-Chief Operating Officer
Natalie Coleman Chief People Officer
Brian Brower Chief Product Officer
You’re viewing 5 of 11 executive team members. Get the full list »

Tovala Board Members (7)

Name Representing Role Since
Arjun Kapur Forecast Labs Board Member 000 0000
Erin VanLanduit Tyson Ventures Board Observer 000 0000
Jason Fiedler Tovala Board Member 000 0000
Jason Heltzer Origin Ventures Board Member 000 0000
You’re viewing 4 of 7 board members. Get the full list »

Tovala Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Tovala Investors (53)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Beringea Venture Capital Minority 000 0000 000000 0
Caruso Ventures Venture Capital Minority 000 0000 000000 0
FJ Labs Venture Capital Minority 000 0000 000000 0
Forecast Labs Venture Capital Minority 000 0000 000000 0
Gaingels Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 53 investors. Get the full list »

Tovala Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Radish (Application Software) 14-Nov-2017 0000000000 Other Restaurants, Hotels and Leisure 00000 000
To view Tovala’s complete acquisitions history, request access »

Tovala FAQs

  • When was Tovala founded?

    Tovala was founded in 2015.

  • Who is the founder of Tovala?

    David Rabie and Bryan Wilcox Ph.D are the founders of Tovala.

  • Who is the CEO of Tovala?

    David Rabie is the CEO of Tovala.

  • Where is Tovala headquartered?

    Tovala is headquartered in Chicago, IL.

  • What is the size of Tovala?

    Tovala has 350 total employees.

  • What industry is Tovala in?

    Tovala’s primary industry is Food Products.

  • Is Tovala a private or public company?

    Tovala is a Private company.

  • What is the current valuation of Tovala?

    The current valuation of Tovala is 00000.

  • What is Tovala’s current revenue?

    The current revenue for Tovala is 00000.

  • How much funding has Tovala raised over time?

    Tovala has raised $119M.

  • Who are Tovala’s investors?

    Beringea, Caruso Ventures, FJ Labs, Forecast Labs, and Gaingels are 5 of 53 investors who have invested in Tovala.

  • Who are Tovala’s competitors?

    Freshly and Suvie are competitors of Tovala.

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