Tovala - About the company
Tovala is a series C company based in Chicago (United States), founded in 2015 by David Rabie and Bryan Wilcox. It operates as a Provider of connected smart ovens. Tovala has raised $61.9M in funding from investors like Origin Ventures, Y Combinator and Finistere Ventures. The company has 10 active competitors, including 5 funded and 3 that have exited. Its top competitors include companies like Brava Home, Level and June.
Company Details
Provider of connected smart ovens. The features include broiling, steaming, convection and microwave heating, toasting in a single pot, scan to cook options, and mobile application integration. The company also offers smart meals on a subscription basis that are automatically identified and cooked by the usage of preset cooking cycles. Its app is available on Android and iOS platforms.
- Website
- www.tovala.com/
- Email ID
- *****@tovala.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2015
Location
Chicago, United States
Stage
Series C
Total Funding
$61.9M in 9 rounds
Latest Funding Round
Investors
Ranked
2nd among 10 active competitors
Employee Count
166 as on Feb 28, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Tovala
Tovala is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MAESTRO FOOD CO CIN: - , Belgium, Active | May 12, 2015 | - | - | - |
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Tovala's funding and investors
Tovala has raised a total funding of $61.9M over 9 rounds. Its first funding round was on May 29, 2015. Its latest funding round was a Series C round on Feb 04, 2021 for $*****. 7 investors participated in its latest round. Tovala has 28 institutional investors and 11 angel investors.
Here is the list of recent funding rounds of Tovala:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 04, 2021 | 3976605 | Series C | 7982240 | 1217644 | 5455487 | 7832569 |
Jun 02, 2020 | 7774653 | Series B | 9078413 | 1116127 | 1445129 | |
Feb 06, 2018 | 3111476 | Series A | 4301784 | 1044830 | 3037012 |
View details of Tovala's funding rounds and investors
Tovala's founders and board of directors
Founder? Claim ProfileHere are the details of Tovala's key team members:
- David Rabie: Co-Founder & CEO of Tovala. Contact Info: 1 email address
- Bryan Wilcox: Former Co-Founder of Tovala. Contact Info: 1 email address
View details of Tovala's Founder profiles and Board Members
Tovala's employee count trend
Tovala has 166 employees as of Feb 26. Here is Tovala's employee count trend over the years:
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Tovala's Competitors and alternates
Top competitors of Tovala include Brava Home, Level and June. Here is the list of Top 10 competitors of Tovala, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Brava Home 2015, San Francisco (United States), Acquired | Provider of smart oven | $12M | 64/100 | |
2nd | Tovala 2015, Chicago (United States), Series C | Provider of connected smart ovens | $61.9M | 60/100 | |
3rd | Level 2017, Palo Alto (United States), Series B | Provider of AI-powered smart oven | $25M | 54/100 | |
4th | June 2013, San Francisco (United States), Acquired | Internet first brand offering smart top ovens | $29.5M | 50/100 | |
5th | Internet first brand offering home appliances | - | - | 36/100 | |
6th | Inductive Intelligence 2017, Grand Rapids (United States), Seed | Manufacturer of IoT-powered induction devices for kitchen appliances | $1M | 33/100 | |
7th | better Microwave 2015, San Francisco (United States), Unfunded | Online platform offering smart ovens | - | - | 24/100 |
8th | Celcy 2021, Baltimore (United States), Seed | Internet first brand offering smart oven | $82.5K | 21/100 | |
9th | Borde Pleasanton (United States), Seed | Developer of AI-powered inspection systems for food, pharma, minerals, recycling | $20K | 17/100 | |
10th | Bertello 1997, Afton (United States), Funding Raised | Platform offering simulfire gas and wood-fired technology based outdoor pizza ovens and accessories | - | 15/100 |
Looking for more details on Tovala's competitors? Click here to see the top ones
Tovala's Investments and acquisitions
Tovala has acquired Radish. Tovala has not made any investments as of now.Reports related to Tovala
Here is the latest report on Tovala's sector:
News related to Tovala
Media has covered Tovala for a total of 3 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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Tovala and La Terra Fina Partner to Make Spring Brunch EffortlessDeli Market News•Apr 03, 2026•La Terra Fina, Tovala
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Brennan Investment Group to Build Food Processing Facility for Tovala in IllinoisPR Newswire•Feb 11, 2026•Brennan, Tovala
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Tovala Debuts 5-in-1 Air Fryer, Its First Non-Steam Countertop ApplianceThe Spoon•Feb 17, 2023•Tovala
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Smart Oven and Meal Delivery Startup Tovala Raises Additional $30 MillionThe Spoon•Feb 04, 2021•Tovala, Left Lane, Left Lane Capital, Finistere Ventures and 4 others
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Smart Oven & Food Delivery Startup Tovala Raises $20 Million Series B To Fund GrowthThe Spoon•Jun 02, 2020•Tovala, Finistere Ventures, Comcast Ventures, OurCrowd and 7 others
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LG Expands Roster Of Smart Kitchen Partnerships With Unique 'Tovala' IntegrationPR Newswire•Feb 18, 2019•LG, Tovala, Tavolashop
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Tyson Foods invests in Tovala’s new oven and meal kit businessTechCrunch+•Feb 06, 2018•Tovala, Tyson Foods
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Tovala Raises $9.2M in Series A FundingFinSMEs•Dec 27, 2017•Tovala, Origin Ventures, Y Combinator, Pritzker Group and 3 others
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