HomeUSATovala Raises $9.2M in Series A Funding

Tovala Raises $9.2M in Series A Funding

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Tovala, a Chicago, IL-based food-tech company, raised $9.2m in Series A funding.

The round was led by Origin Ventures with participation from Pritzker Group, Y Combinator, Joe Mansueto, and Larry Levy.

The company will use the funds to continue to expand operations.

Led by David Rabie and Bryan Wilcox, Tovala manufactures and provides a domestic cooking appliance paired with a weekly meal delivery service.

Customers can order their steam oven and choose a Meal Box size that works for them. The company’s single serving box gives users 1 serving of 3 Tovala Meals for $36 each week. The Double Serving box gives users 2 servings of 3 Tovala Meals for $72 each week.

Have a look at how it works here.

FinSMEs

27/12/2017

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