About Tovala
Tovala is a company based in Chicago (United States) founded in 2015 by Blake Bible and Max Meyers was acquired by Tovala in November 2017. It operates as a Subscription Services. The company has 369 employees as of December 31, 2022. Tovala offers products and services including Fresh Meal Delivery. Tovala operates in a competitive market with competitors including ClusterTruck, Le Pain Quotidien, Maple, Good Uncle and MiLa, among others.
- Headquarter Chicago, United States
- Employees 369 as on 31 Dec, 2022
- Founders Blake Bible, Max Meyers
-
Sectors
Consumer
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Tovala
Tovala offers a comprehensive portfolio of products and services, including Fresh Meal Delivery. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fresh meals are delivered with minimal preparation required.
Funding Insights of Tovala
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Tovala
Tovala has secured backing from 1 investor. Prominent investors backing the company include Tovala. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Connected smart ovens and subscription meals are provided by Tovala.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Tovala
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Tovala
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tovala Comparisons
Competitors of Tovala
Tovala 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 ClusterTruck, Le Pain Quotidien, Maple, Good Uncle and MiLa, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Food delivery platform on food truck concept
|
|
| domain | founded_year | HQ Location |
Bakery-cafés are operated to offer artisanal breads and pastries.
|
|
| domain | founded_year | HQ Location |
Maple is recognized as a workforce management suite for long-term care.
|
|
| domain | founded_year | HQ Location |
Signature restaurant recipes are licensed, prepared, and delivered via app.
|
|
| domain | founded_year | HQ Location |
Internet-first brand offering street foods
|
|
| domain | founded_year | HQ Location |
A chain of restaurants is operated, providing food and drinks.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Tovala
When was Tovala founded?
Tovala was founded in 2015.
Where is Tovala located?
Tovala is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of Tovala?
Max Meyers is the current CEO of Tovala. They have also founded this company.
How many employees does Tovala have?
As of Dec 31, 2022, the latest employee count at Tovala is 369.
What does Tovala do?
A fresh meal delivery service is offered by Tovala, focusing on convenience with minimal preparation time. The service targets consumers seeking quick and easy meal solutions within the food and beverage sector.
Who are the top competitors of Tovala?
Tovala's top competitors include MiLa, ClusterTruck and Radish.
What products or services does Tovala offer?
Tovala offers Fresh Meal Delivery.
Who are Tovala's investors?
Tovala has 1 investor. Key investors include Tovala.