FundedIQ
Administrative Services

Tovala: Funding, Investors & Team (Sep 2026)

Tovala combines a smart oven with a fresh meal delivery service to makes dinner effortless. Tovala is a smart oven that sits on the countertop and is paired with a companion meal delivery service. The company's meal system combines an internet-connected countertop steam oven capable of multi-step cooking with meals prepared by gourmet chefs, making dinner preparation as simple as scanning a barcode, enabling busy people to get access to an effortless way to eat delicious, healthy, home-cooked meals. The Chicago-based company was founded in 2015 and was launched in 2017.

www.tovala.com LinkedIn Chicago, United States 101-250 employees
Cooking Delivery Food and Beverage Food Delivery
Total raised
$30.0M
Rounds
1
Latest
Series C
Feb 2021

Tovala has raised $30.0M across 1 funding round on record, the most recent a Series C of $30.0M announced in Feb 2021.

That round is above the $4.7M median round size for Administrative Services companies tracked on FundedIQ over the last two years.

Tovala Company Profile and Key Stats

Total funding raised
$30.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series C
$30.0M in Feb 2021
Employees
101-250
reported band
Headquarters
Chicago, United States

Latest funding round on record: Feb 2021.

Tovala Funding Rounds

Date
Round
Amount
Series C
$30.0M

Tovala Founders and Leadership Team

Name
Role
Contact
David Rabie
CEO
Locked

Contact details for the Tovala team: 1 of 1 has an email address on file.

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Tovala Funding Compared to Other Administrative Services Startups

Segment
Companies
Median round
29,795
$7.5M
1,822
$58M

Tovala's latest round of $30.0M is above the median round in Administrative Services. Medians cover the last 24 months of disclosed rounds.

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Tovala Funding FAQs

What does Tovala do?

Tovala combines a smart oven with a fresh meal delivery service to makes dinner effortless. Tovala is a smart oven that sits on the countertop and is paired with a companion meal delivery service. The company's meal system combines an internet-connected countertop steam oven capable of multi-step cooking with meals prepared by gourmet chefs, making dinner preparation as simple as scanning a barcode, enabling busy people to get access to an effortless way to eat delicious, healthy, home-cooked meals. The Chicago-based company was founded in 2015 and was launched in 2017.

How much funding has Tovala raised?

Tovala has raised $30.0M across 1 round on record. The most recent is a Series C of $30.0M announced in Feb 2021.

When did Tovala last raise funding?

Tovala's most recent funding round on record is a Series C of $30.0M, announced in Feb 2021.

Who is the CEO of Tovala?

David Rabie is listed as CEO at Tovala.

Where is Tovala headquartered?

Tovala is based in Chicago, Illinois, United States.

How many employees does Tovala have?

Tovala is in the 101-250 employee band.

How does Tovala's funding compare to other Administrative Services startups?

Tovala's latest round of $30.0M is above the $4.7M median round size for Administrative Services companies on FundedIQ across 1,897 tracked companies over the last two years.

About FundedIQ's Tovala Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Tovala is left off this page rather than filled in.

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