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
Investors
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
San Francisco, CA 94103
USA
Phone
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Aly Orady
Chief Marketing Officer
Nate Bosshard
VP - Customer Service
Caitlyn Aguirre
VP - Engineering
Andrew Crow
VP - Engineering
Scott White
VP - Human Resources
Jonathan Akhavan
VP - Operations
Andrew Chao
VP - Operations
Michael Fodor
VP - Product Management
Dana Nicholson
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