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Food Business News — Tovala raises $30 million
Crain's Chicago Business — Tovala raises $30 million for its smart oven and meal kit service
Excerpt from BUSINESS WIRE
Tovala, the first-ever meal service paired with a countertop smart oven that scans, steams, bakes, and broils its chef-crafted meals, announces the close of a $30M Series C funding round led by Left Lane Capital, an investment group focused on high-growth internet and consumer companies, with participation from previous investors Finistere Ventures, Comcast Ventures, OurCrowd, Origin Ventures, Pritzker Group Venture Capital, and Joe Mansueto.
Tovala was born from a mission to reinvent home cooking to save people time. Launched in 2017 by passionate culinary-tech duo David Rabie and Bryan Wilcox, Tovala’s fresh, chef-crafted meals and smart oven work together to let customers enjoy a delicious, home-cooked meal without the work. Each meal requires one minute of prep time before the Tovala Smart Oven scans and cooks it perfectly in 20 minutes or less.
With 5 different cooking functions (steam, bake, broil, toast, reheat) and the ability to scan-to-cook nearly 1,000 brand-name grocery items from brands like Kashi and Amy’s, the Tovala Smart Oven's versatility extends beyond just cooking Tovala Meals. Tovala is available for purchase at Tovala.com, Amazon, and QVC. Follow @tovalafood on Instagram, Facebook and Twitter for time-saving inspiration in the kitchen.