About Tonal
Tonal is a company based in San Francisco (United States) founded in 2015 by Aly Orady. Tonal has raised $535 million across 5 funding rounds from investors including Cobalt, L Catterton and Dragoneer. Tonal offers products and services including Tonal Machine and Tonal Accessories. Tonal operates in a competitive market with competitors including Peloton, Tempo, Lululemon Studio, Vitruvian and FORME, among others.
- Headquarter San Francisco, United States
- Founders Aly Orady
- Stage Unicorn
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Sectors
HealthcareTechnology
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Email
Locked
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$535 M (USD)
in 5 rounds
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Latest Funding Round
$130 M (USD), Series E
Apr 10, 2023
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Investors
Cobalt
& 22 more
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Employee Count
Not available
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Products & Services of Tonal
Tonal offers a comprehensive portfolio of products and services, including Tonal Machine and Tonal Accessories.
Smart device for real-time resistance training and personalized workouts.
Additional items to enhance Tonal home gym functionality.
People of Tonal
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Funding Insights of Tonal
Tonal has successfully raised a total of $535M across 5 strategic funding rounds. The most recent funding activity was a Series E round of $130 million completed in April 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Tonal
Tonal has secured backing from 23 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Cobalt, L Catterton and Dragoneer.
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L Catterton is recognized as a leading consumer-focused private equity group.
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Private equity investments are made in technology-enabled growth companies.
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Seed-stage investments in multiple sectors are made by Kindred Ventures.
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Investor details for Tonal
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Investments & Acquisitions by Tonal
Investment portfolio details for Tonal
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Financial Statements - Tonal
Detailed financials for Tonal
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Tonal Comparisons
Peer comparison for Tonal
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Competitors of Tonal
Tonal operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Peloton, Tempo, Lululemon Studio, Vitruvian and FORME, among others.
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Smart fitness equipment and streaming platforms are provided.
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Jira-integrated software for resource management and time tracking is developed.
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Online fitness classes are offered via membership access.
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Smart resistance training equipment and app are provided by Vitruvian.
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Smart exercising equipment is provided for personalized home fitness training.
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Detailed competitors of Tonal
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Latest news on Tonal
Complete news archive for Tonal
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Frequently Asked Questions about Tonal
Tonal was founded in 2015.
Tonal is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Tonal is a funded company, having raised a total of $535M across 5 funding rounds to date.
Founded in 2015 in San Francisco, United States, Tonal operates in the fitness technology sector. An AI-driven digital strength training platform is provided, featuring a home-based system with adjustable digital weights. Motion is analyzed by 17 sensors to correct posture and deliver real-time feedback during workouts. Guidance from experts and coaches is integrated for various exercises, supporting full-body training routines.
Tonal offers Tonal Machine and Tonal Accessories.
Tonal has 23 investors. Key investors include Cobalt, L Catterton, Dragoneer, Kindred Ventures, and THVC.
The valuation of Tonal is $1.6B as of Mar 2021.