Tech Company Financing Transactions

Tonal Funding Round

Tonal closed a $130 million funding round on 4/10/2023. Backers included Cobalt Capital, Dragoneer Investment Group and Kindred Ventures.

Transaction Overview

Company Name
Announced On
4/10/2023
Transaction Type
Venture Equity
Amount
$130,000,000
Round
Undisclosed
Proceeds Purpose
The funding comes as part of a broader recapitalization strategy to further strengthen the Company's balance sheet, accelerate profitability, and drive growth to better serve the Tonal community for years to come.

Company Information

Company Status
Private & Independent
Industry
Consumer
Mailing Address
325 Vermont St.
San Francisco, CA 94103
USA
Email Address
Overview
Tonal manufactures and provides Tonal, a fitness training equipment. It installs Tonal on walls and offers personalized workouts through it. Tonal provides workout plans, such as build muscles, balances strength, and athletic performance based on individual requirement. It also offers live-recorded classes by coaches.
Profile
Tonal LinkedIn Company Profile
Social Media
Tonal Company Twitter Account
Company News
Tonal News
Facebook
Tonal on Facebook
YouTube
Tonal on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Aly Orady
  Aly Orady LinkedIn Profile  Aly Orady Twitter Account  Aly Orady News  Aly Orady on Facebook
Chief Marketing Officer
Nate Bosshard
  Nate Bosshard LinkedIn Profile  Nate Bosshard Twitter Account  Nate Bosshard News  Nate Bosshard on Facebook
VP - Customer Service
Caitlyn Aguirre
  Caitlyn Aguirre LinkedIn Profile  Caitlyn Aguirre Twitter Account  Caitlyn Aguirre News  Caitlyn Aguirre on Facebook
VP - Engineering
Andrew Crow
  Andrew Crow LinkedIn Profile  Andrew Crow Twitter Account  Andrew Crow News  Andrew Crow on Facebook
VP - Engineering
Scott White
  Scott White LinkedIn Profile  Scott White Twitter Account  Scott White News  Scott White on Facebook
VP - Human Resources
Jonathan Akhavan
  Jonathan Akhavan LinkedIn Profile  Jonathan Akhavan Twitter Account  Jonathan Akhavan News  Jonathan Akhavan on Facebook
VP - Operations
Andrew Chao
  Andrew Chao LinkedIn Profile  Andrew Chao Twitter Account  Andrew Chao News  Andrew Chao on Facebook
VP - Operations
Michael Fodor
  Michael Fodor LinkedIn Profile  Michael Fodor Twitter Account  Michael Fodor News  Michael Fodor on Facebook
VP - Product Management
Dana Nicholson
  Dana Nicholson LinkedIn Profile  Dana Nicholson Twitter Account  Dana Nicholson News  Dana Nicholson on Facebook


 

 

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Where The Data Comes From

Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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