Smart home gym company Tonal has raised a $130M funding round.

 

Smart home gym company Tonal has raised a $130M funding round.

 L Catterton led the funding.

  • Tonal has a library of over 3,000 workouts in categories such as:
    • Cardio,
    • Yoga,
    • HIIT,
    • Mobility,
    • Pilates,
    • and Barre.
  • The company has partnered with athletes such as LeBron James and Stipe Miocic.
  • In addition to L Catterton, Cobalt, Dragoneer, Kindred Ventures, and THVC also participated in this funding round.
  • The company aims to use the funding to strengthen its balance sheet, reach profitability, and expand its market reach.
  • Tonal is based in San Francisco.

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