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Valuation

$127.5M

2024 Revenue

$42.5M

Funding

$0

Team · 2025

151

Founded

2015

How Tovala CEO David Rabie grew to $42.5M revenue with a 151 person team in 2024.

A smart-oven-paired subscription meal service.

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Tovala Revenue

In 2024, Tovala's revenue reached $42.5M. Since its launch in 2015, Tovala has shown consistent revenue growth.

Tovala Revenue GrowthReported revenue / ARR over time$0$10M$20M$30M$40M$50M201520172019202120232024$0$42.5MSource: GetLatka.com
YearMilestoneQuote
2024Tovala Hit $42.5m revenue in June 2024
2015Launched with $0 revenue

Tovala Valuation, Funding Rounds

Tovala's most recent disclosed valuation is $127.5M.

Tovala Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12015Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

David Rabie

CEO

David Rabie is listed as CEO at Tovala.

Q&A

QuestionAnswer
What's your age?-
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Advice for 20 year old self-

Customers

We do not have customer count information for Tovala yet.

Tovala Employees & Team Size

Tovala employs approximately 151 people as of 2026, down from 375 in 2024.

Tovala Team GrowthReported headcount over time010020030040020152017201920212023202500151151Source: GetLatka.com
YearMilestone
2025Reached 151 employees (January 2025)
2024Reached 375 employees (June 2024)
2024Reached 375 employees (June 2024)

Frequently Asked Questions about Tovala

What is Tovala's revenue?

Tovala generates an estimated $42.5M in annual revenue.

Who founded Tovala?

Tovala was founded by David Rabie.

Who is the CEO of Tovala?

The CEO of Tovala is David Rabie.

How much funding does Tovala have?

Tovala raised $0.

How many employees does Tovala have?

Tovala has 151 employees.

Where is Tovala headquarters?

Tovala is headquartered in Chicago, Illinois, United States.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Tovala Revenue 2024: $42.5M ARR, $127.5M Valuation