Tovala on OurCrowd 2020 – KingsCrowd



Security Type

Equity – Common

Pre-Money Valuation



Chicago, Illinois


Consumer Products, Goods & Services

Tovala, with a valuation of $66 million, is raising funds on OurCrowd through Reg D 506(c) raise. The company aims to revolutionize the food delivery and meal kit industries by delivering high-quality meals that are extremely easy to prepare. The business is also reinventing home cooking with its smart and Wi-Fi-enabled oven that is specially designed to cook Tovala’s freshly prepared meal kits. Tovala has a loyal customer base and was chosen by Oprah Winfrey for her Favorite Things 2021 List. David Rabie and Bryan Wilcox founded Tovala in 2016. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $3,330,000. The campaign proceeds will be used for growth and expansion.

Raise History

Tovala 06/01/2023 OurCrowd $0 Equity – Common
RegD 506(c)
Tovala 10/19/2021 OurCrowd $400,000,000 $0 Equity – Common
RegD 506(c)
Tovala 12/24/2020 OurCrowd $150,000,000 $0 Equity – Common
RegD 506(c)
Tovala 09/16/2020 OurCrowd $66,012,150 $0 Equity – Common
RegD 506(c)

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