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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.
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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
Ranked
Employee Count
166 as on Feb 28, 2026
Investment & Acquisitions
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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:lockFilter this list
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
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Tovala's founders and board of directors

Founder? Claim Profile
The founders of Tovala are David Rabie and Bryan Wilcox. David Rabie is the CEO of Tovala.
Here are the details of Tovala's key team members:

Tovala's employee count trend

Tovala has 166 employees as of Feb 26. Here is Tovala's employee count trend over the years:
Employee count trend for Tovala
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Brava Home
Brava Home
2015, San Francisco (United States), Acquired
Provider of smart oven
$12M
64/100
2nd
Logo for Tovala
Tovala
2015, Chicago (United States), Series C
Provider of connected smart ovens
$61.9M
60/100
3rd
Logo for Level
Level
2017, Palo Alto (United States), Series B
Provider of AI-powered smart oven
$25M
54/100
4th
Logo for June
June
2013, San Francisco (United States), Acquired
Internet first brand offering smart top ovens
$29.5M
50/100
5th
Logo for Balmuda
Balmuda
2003, Musashino (Japan), Public
Internet first brand offering home appliances
-
-
36/100
6th
Logo for Inductive Intelligence
Inductive Intelligence
2017, Grand Rapids (United States), Seed
Manufacturer of IoT-powered induction devices for kitchen appliances
$1M
33/100
7th
Logo for better Microwave
better Microwave
2015, San Francisco (United States), Unfunded
Online platform offering smart ovens
-
-
24/100
8th
Logo for Celcy
Celcy
2021, Baltimore (United States), Seed
Internet first brand offering smart oven
$82.5K
21/100
9th
Logo for Borde
Borde
Pleasanton (United States), Seed
Developer of AI-powered inspection systems for food, pharma, minerals, recycling
$20K
17/100
10th
Logo for Bertello
Bertello
1997, Afton (United States), Funding Raised
Platform offering simulfire gas and wood-fired technology based outdoor pizza ovens and accessories
-
15/100
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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

lockFilter this list
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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FAQs about Tovala

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