Tonal Raises $250M In Funding At $1.6B Valuation
03/31/21, 1:06 PM
Location
san franciscoMoney raised
$250 million
Tonal, the most advanced strength and personal training platform that combines proprietary digital weight, artificial intelligence, and expert-led coaching, today announced $250M in new funding, valuing the business at $1.6B. This brings Tonal’s total funding to over $450M, as it continues to usher in a new era of intelligent fitness and further establishes itself as the clear leader in connected strength training.
Company Info
Location
san francisco, california, united states
Additional Info
Tonal is the most intelligent home gym and the first truly personalized approach to strength training. Tonal enables people to lead healthier lives by providing them with the equipment, technology, and guidance to effectively reach their fitness goals. By using a proprietary digital weight system instead of metal weights, Tonal can generate 200 pounds of resistance and replicate every machine in the weight room with a fraction of the equipment. Smarter than dumbbells and better than bodyweight, Tonal leverages A.I. to dynamically adjust the weights for each exercise in real-time for your most effective workout. Led by Aly Orady, a supercomputer engineer, the company makes strength training accessible to all. Tonal is backed by leading growth and venture capital investors including Dragoneer, L Catterton, Cobalt Capital, Mayfield, Shasta Ventures, Delta-v, Mousse Partners, Kindred Ventures, THVC, and Bolt, as well as leading investors in health and fitness, including a growing roster of professional athletes. The company is headquartered in San Francisco, California.
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