Tonal Systems Stock $2.39

Forge Price BeaconForge Price 1 updated December 4, 2024

tonal.comConsumer & Lifestyle / FitnessFounded: 2015Funding to Date: $578.4MM

Tonal is the developer of a smart gym machine that uses revolutionary dynamic weight that adjusts to every move, delivering personalized workouts to help users be their strongest self. Tonal’s patented digital weight system makes thousands of calculations a second to deliver you a smooth weight lifting experience using magnets and electricity. The company was founded in Aly Orady and Nate Bosshard 2015 and is headquartered in San Francisco, CA.

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Tonal Systems Stock Price

3M
6M
1Y
MAX
Forge Price 1
Date
12/04/2024
Price per Share
$2.39
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Tonal Systems Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
09/09/2022 Series F-1 $5MM $xx.xx $1.89B Dragoneer Investment Group, Drew Brees, L Catterton, Lebron James, Mike Tyson, Serena Williams
Price per Share
$xx.xx
Shares Outstanding
739,469
Liquidation Pref Order
1
Liquidation Pref As Multiplier
2.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dragoneer Investment Group, Drew Brees, L Catterton, Lebron James, Mike Tyson, Serena Williams
09/09/2022 Series F $95MM $xx.xx $1.89B Dragoneer Investment Group, Drew Brees, L Catterton, Lebron James, Mike Tyson, Serena Williams
Price per Share
$xx.xx
Shares Outstanding
14,049,930
Liquidation Pref Order
1
Liquidation Pref As Multiplier
2.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dragoneer Investment Group, Drew Brees, L Catterton, Lebron James, Mike Tyson, Serena Williams
03/31/2021 Series E-1 $21.25MM $xx.xx $1.6B Cobalt Capital, Dragoneer, Lcatterton, Sapphire Ventures
Price per Share
$xx.xx
Shares Outstanding
3,425,587
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Cobalt Capital, Dragoneer, Lcatterton, Sapphire Ventures
03/31/2021 Series E $295.31MM $xx.xx $1.6B Cobalt Capital, Dragoneer, Lcatterton, Sapphire Ventures
Price per Share
$xx.xx
Shares Outstanding
47,605,884
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Cobalt Capital, Dragoneer, Lcatterton, Sapphire Ventures
06/30/2020 Series C-2 $74.41MM $xx.xx $291.63MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
46,941,532
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
04/04/2019 Series C $45.09MM $xx.xx $184.05MM Evolution Media, L Catterton, Mayfield, Sapphire Ventures, Serena Ventures, Shasta Ventures
Price per Share
$xx.xx
Shares Outstanding
28,444,567
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Evolution Media, L Catterton, Mayfield, Sapphire Ventures, Serena Ventures, Shasta Ventures
08/31/2018 Series B-2 $9.45MM $xx.xx $84.08MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
8,432,670
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
07/31/2018 Series B $20.98MM $xx.xx $58.66MM Sapphire Ventures
Price per Share
$xx.xx
Shares Outstanding
22,463,855
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Sapphire Ventures
01/31/2017 Series A $10.47MM $xx.xx $26.01MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
16,882,370
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
05/22/2015 Series Seed $1.43MM $xx.xx $8.43MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
4,085,922
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors

Tonal Systems Investors Also Invested in These Private Companies

Skip Capital
TechNexus Venture Collaborative
Evolution Media Capital
Cobalt Capital
Makai VC
Team Builder Ventures

Leadership & Board

Leadership

Krystal Zell
Chief Executive Officer
Gregory De Gunzburg
Chief Strategy Officer
Aly Orady
Founder & Chief Technology Officer
Werner Brell
Chief Experience Officer
Ron Will
Chief Financial Officer

Board

Steve Abbott JD
Sapphire Ventures

Tonal Systems stock FAQs

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Can you buy Tonal Systems stock?

As Tonal Systems is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Tonal Systems, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Tonal Systems stock?

To invest in a private company like Tonal Systems through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Tonal Systems stock?

Yes, you may sell the Tonal Systems stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Tonal Systems stock?

If you hold private company shares of Tonal Systems – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Tonal Systems on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Tonal Systems a public company?

No, Tonal Systems is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Tonal Systems’ stock price?

Tonal Systems is a private company, meaning it does’t have a publicly traded stock price. However, as of 12/04/2024 the Tonal Systems Forge Price is $2.39 per share. The Forge Price is a derived price calculated for private companies like Tonal Systems to provide insights into their current valuation. Learn more about Forge Price.
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What is Tonal Systems’ stock ticker symbol?

Tonal Systems does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Tonal Systems News and Media Highlights

Tonal Raises $130M in New Funding and Appoints Krystal Zell as New CEO As it Accelerates its Member-Focused Strategy for Growth and Profitability

Tonal, the most advanced strength and personal training platform that combines proprietary digital weight, artificial intelligence, and expert-led coaching, today announced that it successfully completed its latest funding round, raising $130M in new capital through existing investors, led by L Catterton, Cobalt, Dragoneer, Kindred Ventures and THVC.

Fitness firm Tonal seeking $1.9B value with financing

The home gym startup could raise more than $100M in this next round and give Tonal the capital it needs to solve supply-chain challenges. The startup is on track to generate more than $100M in subscription revenue over the next 12 months.

Tonal Announces LeBron James as an Investor and Brand Partner

“To have LeBron James – one of the greatest athletes in the world – invest in Tonal is a pinnacle moment for us,” said Aly Orady, Founder & Chief Executive Officer of Tonal. James joins a growing list of over 30 athlete investors and brand ambassadors that includes Serena Williams, Stephen Curry.

Tonal raises $45 million to bring strength training to more living rooms – TechCrunch

Tonal is today announcing its Series C financing that it hopes will allow the company to bring its at-home gym to even more homes. The funding round shows investors’ excitement around the new generation of personal exercise equipment that combines on-demand training with smart features. Tonal…
Browse Insights
Updated on: Dec 4, 2024

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