Tech Company Financing Transactions

Tonal Funding Round

Tonal secured a $250 million Series E funding round on 4/1/2021. Investors included Cobalt Capital, Dragoneer Investment Group and private investors.

Transaction Overview

Company Name
Tonal
Announced On
4/1/2021
Transaction Type
Venture Equity
Amount
$250,000,000
Round
Series E
Investors

Cobalt Capital

Dragoneer Investment Group

private investors (Drew Brees)

private investors (Larry Fitzgerald)

private investors (Maria Sharapova)

private investors (Michael Tyson)

private investors (Sue Bird)

L Catterton Partners (Jon Owsley)

Sapphire Ventures

Proceeds Purpose
The new funds will allow it to spend more on marketing its strength-training product to shoppers to increase brand visibility, grow its catalog of streamed fitness classes and invest further in operations and scaling its business to meet increased demand.

Company Information

Company Status
Private & Independent
Industry
Consumer
Mailing Address
325 Vermont St.
San Francisco, CA 94103
USA
Phone
(855) 698-6625
Website
www.tonal.com
Email Address
[email protected]
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

 

 

Browse more venture capital transactions:

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Next: 4/1/2021: Gryps venture capital transaction

 

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