Tovala

Tovala

Smart oven with meal delivery service

About

Tovala combines hardware, software, and food to simplify home cooking with its Tovala Smart Oven and meal delivery service. The Smart Oven is a countertop appliance that cooks meals automatically when customers scan a QR code on Tovala-prepared meals. This system is designed for busy individuals and families who want healthy, home-cooked meals without spending much time in the kitchen. Tovala differentiates itself from competitors by offering a seamless cooking experience through its oven and subscription-based meal delivery service, which includes chef-crafted meals tailored for the oven. The company's goal is to provide convenient, nutritious meals while fostering a positive work culture and supporting its employees.

Company Stage

Series C

Employees

51-200

Industries

Food & Agriculture, Hardware

Total Funding

$69.6M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • Tovala's rapid growth and significant funding rounds, including a $30M Series C, indicate strong investor confidence and potential for expansion.
  • Recognition as one of Y Combinator's Top Companies 2022 highlights Tovala's innovative approach and industry impact.
  • The launch of the Smart Oven Air Fryer expands Tovala's product line, potentially attracting a broader customer base.

What critics are saying

  • The dual focus on hardware and meal delivery could stretch resources thin, potentially impacting product quality or service consistency.
  • The competitive landscape in both the smart kitchen appliance and meal delivery markets is intense, requiring continuous innovation to stay ahead.

What makes Tovala unique

  • Tovala uniquely combines a smart kitchen appliance with a meal delivery service, offering a seamless cooking experience that competitors in either market alone cannot match.
  • The Tovala Smart Oven's QR code scanning feature automates the cooking process, providing unmatched convenience and precision in meal preparation.
  • Tovala's focus on health-conscious, time-strapped consumers sets it apart in the crowded meal kit and kitchen appliance markets.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

-3%

2 year growth

33%

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