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5 rows · Tonal stock price, funding rounds, valuation and financials. Tonal has raised $450 m in total ...
Is Tonal publicly traded?
Tonal is going public in due time, says CEO Aly Orady: “We're going to IPO when it's best for the business…” Makers of a wall-mounted smart gym, Tonal has raised $450M in capital en route to a $1.6B valuation. iFit Health & Fitness, formerly known as ICON, is eyeing a 2021 IPO.
Is Tonal planning to go public?
CEO Aly Orady said Tonal is preparing for an initial public offering, though he didn't offer a detailed timeline on when that might happen. Tonal said its 2020 sales grew more than eight-times year over year, as customers looked for ways to build better workout routines at home during the Covid pandemic.
Who owns the Tonal company?
founder Aly OradyAfter struggling with his weight since childhood, Tonal founder Aly Orady finally discovered a solution that worked. Kind of. By strength training consistently for many months, he was able to lose 70 pounds.
Who will buy Tonal?
Tonal announced an investment from Lebron James on Wednesday. The company was valued at $1.6 billion following a $250 million round in March.
Does LeBron own Tonal?
By Andrew Cohen October 13, 2021. LeBron James has invested in the at-home strength training machine Tonal. The company last valued itself at $1.6 billion after it raised $250 million in March.
Is peloton buying Tonal?
Fantasy M&A: Peloton Buys Tonal The company missed on revenue projections in Q1. The main culprit? Connected fitness devices. While subscription revenue has actually grown quarter-over-quarter since the IPO in 2019, connected fitness revenues are down 51% since Q3 2021.
Who are Tonal investors?
Tonal is adding $250 million of new funding in a Series E round valuing the startup at $1.6 billion. Participants in the round include Dragoneer, Cobalt Capital, L Catterton, Sapphire Ventures and athlete investors Drew Brees, Larry Fitzgerald, Maria Sharapova, Mike Tyson and Sue Bird.
Is Tonal manufactured in China?
Realleader Fitness Co., Ltd. is a leading China tonal workout machine manufacturer, supplier and exporter.
What is Mirror stock?
About MIRROR Stock MIRROR offers the world's first nearly invisible, interactive home gym featuring live and on-demand fitness classes in a variety of workout genres.
What famous people use Tonal?
Some of Tonal's newest backers are a who's who of the sports world: Stephen Curry (NBA), Paul George (NBA), Bobby Wagner (NFL) and Michelle Wie (golf). These sports stars join several other prominent sports names invested in Tonal, including Serena Williams (tennis), Klay Thompson (NBA) and Tony Gonzalez.
Does lululemon own mirror?
Lululemon slashed its sales forecasts for the year for its Mirror brand on Thursday. The company acquired Mirror for $500 million in 2020.
Which athletes use Tonal?
The hoops star joins a growing list of superstar athletes that have backed the brand, including Serena Williams, Stephen Curry, Maria Sharapova, Michelle Wie, Paul George, and Larry Fitzgerald. The brand also partnered with WNBA champion and Olympic gold medalist Sue Bird to star in its 2020 Olympics ad.
How many investors are there in Tonal?
Tonal is funded by 33 investors. Larry Fitzgerald and Mike Tyson are the most recent investors.
How much money has Tonal raised?
Tonal has raised a total of $450M in funding over 6 rounds. Their latest funding was raised on Mar 31, 2021 from a Series E round. Tonal is funded by 31 investors. Larry Fitzgerald and Mike Tyson are the most recent investors.
What is the phone number for My Tonal?
Our customer care team would love to hear from you! Call us at (855) MY-TONAL or via our Contact page.
How does Tonal work?
Tonal learns from your workout and automatically adjusts to your body. Accurately measure reps, sets, range of motion, time under tension, power, and volume to track gains over time. Choose from 100s of expert-led workout programs to keep you motivated and help you feel your strongest.
How old do you have to be to use tonal?
Tonal is designed for use by adults aged 18 and up. If approved in advance by a physician, teenagers over the age of 15 may use Tonal under direct adult supervision.
How much does tonal weigh in 2021?
Starting March 1st, 2021 there will be an additional $300 shipping fee for Hawaii and Alaska orders. Tonal weighs nearly 150 pounds and needs to be professionally installed to ensure you can be your strongest with Tonal.
What is a Tonal membership?
Your Tonal membership includes unlimited accounts for each Tonal. That means each member of your household (plus friends or neighbors) can log in and track their progress separately.
How long does it take to install a tonal?
Tonals are typically delivered and installed within 2 – 4 weeks of purchase. Orders placed today will be shipped 1 – 3 weeks after the pre-installation survey is completed.
What is a T lock on a tonal?
Tonal’s accessories use a special T-lock system to allow you to quickly and smoothly switch between accessories. If you’d like to use your own accessories, you can purchase T-lock adapters from our Gear Shop.
How much money did Tonal raise?
The at-home fitness start-up Tonal said it has raised an additional $250 million in funding, valuing the business at $1.6 billion.
Does Nordstrom have tonal?
In early March, Tonal and Nordstrom announced a partnership that puts Tonal devices in 40 of Nordstrom’s department stores, to help stir up interest around the brand.
Who is the CEO of Tonal?
You may have heard some of its newest backers, sports stars like Steph Curry, Paul George, and Michelle Wie. Tonal Founder and CEO Aly Orady is here to chat about the capital raised now. Aly, big-- big raise for you guys, no doubt about it here.
Is Tonal a revolutionary piece of equipment?
ALY ORADY: Well, for them it was-- it was different than institutional investors. Tonal's a really revolutionary piece of equipment. We're the leaders in connected strength. And for a lot of them just touching the equipment for the first time was-- was really-- what really set their minds.
What is Tonal's digital weight system?
Tonal’s patented digital weight system means no more stacks of plates or rows of dumbbells. Full Body Moves Give your workout some variety. Adjustable arms let you get upper and lower body workouts, and everything in between, without the hassle of changing machines.
How many moves does Tonal do?
Tonal’s workouts are designed to help you achieve optimal results, every time you workout. With more than 170 moves, 200 pounds of resistance, and a range of full-body exercises, you’ll be surprised how quickly you hit your goals.
Is Tonal changing strength training forever?
The Tonal community is changing strength training forever. Join in, we’re just getting started.
