Tovala

Chicago, United States Founded: 2015 • Age: 11 yrs
Connected smart ovens and subscription meals are provided by Tovala.

About Tovala

Tovala is a Consumer company based in Chicago (United States) founded in 2015 by David Rabie. Connected smart ovens and subscription meals are provided by Tovala. It operates in the Consumer, Retail, and Technology sectors. Tovala has raised $61.9 million across 9 funding rounds from investors including OurCrowd, Seamless and The University of Chicago. Tovala has completed 1 acquisition, including Tovala. Its chief executive, as recorded, is David Rabie. Its website tovala.com draws about 918 thousand monthly visits. Tovala offers products and services including Tovala Smart Oven and Fresh Meals. Its focus areas include Food and Agriculture Tech, Food Tech, Tech Hardware and Food Preparation. Its legal entity is MAESTRO FOOD CO. Its competitors include Brava Home, Inductive Intelligence and Celcy; 3 of its 3 listed competitors have raised funding.

Company details

Tovala was founded in 2015 in Chicago, United States, and operates in the smart kitchen appliance sector. Connected ovens are offered with features such as broiling, steaming, convection, microwave heating, toasting, scan-to-cook functionality, and integration with a mobile app available on Android and iOS. Subscription-based smart meals are also provided, which are automatically detected and cooked using preset cycles.

  • Headquarters Chicago, United States
  • Founders David Rabie
  • Sectors
    Consumer
    Retail Technology
  • Website category Food and Drink · Restaurants and Delivery
  • Email
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  • Phone
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  • Website tovala.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Maestro Food Co
Key Metrics
  • Total Equity Funding
    $61.9M (USD)

    in 9 rounds

  • Latest Funding Round
    $30M (USD), Series C

    Feb 2021

  • Investors
    OurCrowd

    & 26 more

  • Investments & Acquisitions

Products & Services of Tovala

Tovala offers a comprehensive portfolio of products and services, including Tovala Smart Oven and Fresh Meals.

Tovala Smart Oven
Smart Kitchen Appliance

Countertop oven that automates cooking via WiFi for various foods.

Fresh Meals
Meal Delivery Service

Weekly delivered, pre-prepped meals for easy home preparation and cooking.

Apps and channels of Tovala

its YouTube channel Tovala has 2.06K subscribers and 8 videos.

Tovala
YouTube 2.06K subscribers 8 videos Howto & Style
Open channel

Videos from Tovala

The most watched videos on Tovala's YouTube channel, Tovala (2.06K subscribers). Click a video to play it here.

Grown-Ass Man Starter Pack
389.6K views
What is the Tovala Smart Oven ?
12.9K views
Which Tovala Smart Oven is right for you?
4.9K views
What is the Tovala Smart Oven Pro?
3.5K views

More on Tovala.

Funding Insights of Tovala

Tovala has successfully raised a total of $61.9M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $30 million completed in February 2021. 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.

  • Total Funding $61.9M
  • Total Rounds 9
  • Last Round Series C β€” $30M
  • First Round $70,000

    (May 2015)

  • Investors Count 27

All 9 funding rounds of Tovala with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2021$30MSeries C–Left Lane
Jun 2020$20MSeries B–Finistere Ventures
Feb 2018Series A–Tyson Foods
–
Dec 2017$9.2MSeries A–Origin Ventures
Oct 2016$1.6MSeed–Origin Ventures
Jun 2016$120,000Seed–Y Combinator
–
Jan 2016$500,000Seed–Origin Ventures
Dec 2015$475,000Seed––
–
May 2015$70,000Grant––
Valuation history

27 investors in total: 16 institutional and 11 angel.

Investors in Tovala

Tovala has secured backing from 27 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include OurCrowd, Seamless and The University of Chicago.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
finistere.com
Comcast Ventures is focused on investing in technology startups.
comcastventures.comSan Francisco, United States
VC firm investing in the US
originventures.comChicago, United States
Investments in SaaS, marketplace, and middle market companies are managed.
pritzkergroup.comChicago, United States
Investments are directed toward high-growth consumer and internet technology companies.
leftlane.comBrooklyn, United States
Venture capital is provided by Rich Products Ventures for food innovation.
richproductsventures.comUnited States
Early-stage venture capital investments are made in innovative startups.
2014newstack.comChicago, United States
Early-stage startups are accelerated via funding and educational programs.
ycombinator.comMountain View, United States
Venture capital support is provided to seed and early-stage startups.
strive.vcMinato City, Japan
Early-stage tech investments are made in US-based companies.
serviceprovidercapital.comGolden, United States
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Investor details for Tovala

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Verified entity values are shown only after access is granted.

People of Tovala

47 people are tracked at Tovala (19 in leadership, 28 in team).

NameRoleGroup
David Rabie
Co-Founder & CEOLeadership
Matt Taube
VP of FinanceLeadership
Brian Krall
Vp, Performance MarketingLeadership
Jason Punches
VP, CreativeLeadership
Sabrina Zhu
Director, Oven ProcurementLeadership
Taryn Aronson
CFOLeadership
Natalie Coleman
Chief People OfficerLeadership
Brooke Carpenter
Sr Director, FSQALeadership
Rachel Pentecost
Director Of OperationsLeadership
Jill Balis
Chief Growth OfficerLeadership
Rachel Commens McIps
Senior Director Of ProcurementLeadership
Shauna Peete
Human Resources Business PartnerLeadership
David Sharpe
Director Of StrategyLeadership
Jon Thornton
Director Of Software EngineeringLeadership
Ben Barnes
Sr. Director, Continuous ImprovementLeadership
Bryant Ross
Senior Director, CreativeLeadership
Cen Qian
VP, Supply ChainLeadership
Nicole Pannell
Product Director, Oven And PackagingLeadership
Kevin Glennon
Director of Oven EngineeringLeadership
Hayoung Kwon
Design LeadTeam

27 more people are available in the full profile.

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Complete people profiles for Tovala

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Investments & Acquisitions by Tovala

Tovala has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tovala.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Fresh meal delivery service is provided by Tovala.
goradish.comChicago, United States2015Nov 2017β€’β€’β€’β€’
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Complete acquisition details for Tovala

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Tovala

4 dated milestones of Tovala across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Tovala is founded.
  2. Funding First funding round of $70K.
  3. Acquisition Acquires Tovala.
  4. Funding Latest funding round, Series C, of $30.0M.

Competitors of Tovala

Tovala has 3 listed competitors in our database, 3 of them funded. They include Brava Home, Inductive Intelligence and Celcy.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
brava.com2015San Francisco, United States$12M
Provider of smart oven
inductiveintelligence.com2017Grand Rapids, United States$1M
Manufacturer of IoT-powered induction devices for kitchen appliances
celcy.com2021Baltimore, United States$82,500
Smart ovens with app control are provided by Celcy.
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Detailed competitors of Tovala

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
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Verified entity values are shown only after access is granted.

Web traffic of Tovala

The website of Tovala (tovala.com) receives about 918.5K visits a month and ranks #65,800 among all websites worldwide, #1,933 in Restaurants and Delivery.

  • Monthly visits
    918.5K

    ▲ 28.2% vs previous month

  • Unique visitors
    355.3K

    per month

  • Global rank
    #65,800

    among all websites

  • Category rank
    #1,933

    Food and Drink · Restaurants and Delivery

Similar websites

Websites whose visitors overlap most with Tovala. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
cookunity.com
100%
3.9M#14,788View details
tavolavino.com
tavolavino.com
86%
#2,983,168–
everytable.com
80%
50K#477,858View details
tavolas.com
tavolas.com
76%
#2,196,164–
hellofresh.com
71%
12.1M#9,186View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Tovala

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Food & Beverage Platforms

3 companies that operate in the same segment as Tovala (Food & Beverage Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery deliveries are facilitated through an app-based platform.
2013San Francisco, California, United StatesUSD 2.5 BUSD 10.72 B80,579
Platform for discovering and sharing local businesses
2004San Francisco, California, United StatesUSD 56 MUSD 1.46 B5,120
Restaurant operations are managed via a cloud-based platform.
2011Boston, Massachusetts, United StatesUSD 900 MUSD 6.15 B8,021
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Related news about Tovala

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Frequently Asked Questions about Tovala

Tovala was founded in 2015.

Tovala is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

David Rabie is the CEO of Tovala, as recorded in our data. They have also founded this company.

Tovala is a funded company, having raised a total of $61.9M across 9 funding rounds to date. The company's 1st funding round was a Grant of $70K, raised on May 2015.

Tovala was founded in 2015 in Chicago, United States, and operates in the smart kitchen appliance sector. Connected ovens are offered with features such as broiling, steaming, convection, microwave heating, toasting, scan-to-cook functionality, and integration with a mobile app available on Android and iOS. Subscription-based smart meals are also provided, which are automatically detected and cooked using preset cycles.

Tovala's top competitors include Brava Home, Inductive Intelligence and Celcy.

Tovala offers Tovala Smart Oven and Fresh Meals.

Tovala has made 1 acquisition, including Tovala.

Tovala has 27 investors. Key investors include OurCrowd, Seamless, The University of Chicago, Tyson Foods, and Finistere Ventures.

Tovala operates through Maestro Food Co.

The website of Tovala receives about 918 thousand visits a month and ranks #65,800 among all websites worldwide.

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