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Tonal

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Intelligent Fitness System - tailor made fitness programs

San Francisco, United StatesFounded 2015Sports
Valuation $500M–1B Latest valuation · 2023
Headcount 100–500 Current team size
Total funding $500M–1B Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Tonal and the history behind them.

About Tonal

Tonal is a tech-driven startup that operates in the fitness industry, offering a comprehensive home gym solution. The company's primary product is a wall-mounted, all-in-one fitness system that uses artificial intelligence to provide personalized workouts. Tonal's technology tracks user performance and metrics, providing real-time insights to help users reach their fitness goals.

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The company serves a broad range of clients, from fitness enthusiasts to individuals seeking a convenient and personalized home workout solution. Tonal's product is designed to adapt to the user's fitness level and progress, offering up to 200 pounds of adaptive weight resistance and the ability to perform over 245 different exercises.

Tonal's business model is based on selling their high-tech home gym equipment and offering a subscription service for access to personalized workout programs and tracking. The company recently announced a retail expansion to Best Buy, indicating a move to increase its market reach and accessibility.

Tonal generates revenue through the sale of its fitness equipment and the monthly subscription fees for its software, which provides personalized workout programs and performance tracking. The company's value proposition lies in its ability to offer a comprehensive, personalized, and convenient fitness solution that eliminates the need for multiple pieces of equipment or gym memberships.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2015
Headquarters
San Francisco, United States
Employees
407
Open positions
10
Dealroom signal
79.4/100
Industry
Sports
Sub-industry
Fitness
Sector
Sports, Personal Health, Video Content, Consumer Electronics, Training, From Unicorn to Zebra (But No $1B Exit), Home Living, Fitness, Hard Tech
Technology
Artificial Intelligence, Hardware
Business model
Manufacturing
Client focus
b2c

Latest news

Press, funding announcements and product moves mentioning Tonal.

See all news

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Apr 2023 $130M $550M Transformational Healthcare Venture Capital · Kindred Ventures · Cobalt Capital · Dragoneer Investment Group
SERIES EOther financing Mar 2021 $250M $1.6B Drew Brees · Cobalt Capital · Maria Sharapova · Sue Bird
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

Tonal website traffic

Latest recorded traffic for Tonal is 620K monthly website visits, up 31.9% over the last three months. Tonal's team grew 2.5% over the past year.

Latest monthly visits620K 3-month web change+31.9% 1-year team growth+2.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investors

20 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

Series A2 investors entered at this stage

Series B and later16 investors entered at this stage

  • L Catterton
  • Evolution Media
  • Serena Ventures
  • Paul George
  • Transformational Healthcare Venture Capital
  • Stephen Curry
  • Michelle Wie-West
  • Bobby Wagner
  • Dragoneer Investment Group
  • Drew Brees
  • Cobalt Capital
  • Maria Sharapova
  • Sue Bird
  • Mike Tyson
  • Larry Fitzgerald
  • Kindred Ventures
Team profiled 50 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
9 countries with
team presence
🇺🇸 United States81.4%
🇨🇦 Canada12.6%
🇹🇼 Taiwan2.2%
🇬🇹 Guatemala1.3%
🇲🇽 Mexico0.9%
Top 5 of 9 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Tonal on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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