Announced
Completed
Financials
Sources
Tags
Venture Capital
Recreational Services
United States
fitness equipment
Completed
Private
Friendly
Minority
Single Bidder
Private Equity
Acquisition
Cross Border
Synopsis
Dragoneer led a $250m Series E round in Tonal, a strength and personal training platform, with participation from Cobalt Capital, L Catterton and Sapphire Ventures. "Our growth over the last year underscores the changing fitness landscape. People want smarter, more connected ways to work out. With this new capital, we will continue to demonstrate how intelligent fitness will fundamentally change the way people train and maintain their health. We plan to use this funding to further our investments in product and content and scale our operations so that we can get more Tonals to more people faster," Aly Orady, Tonal CEO.
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