The Amazon and CAA-backed home fitness technology provider was valued at $1.6bn in a series E round that took its total funding to $450m.
Tonal, a US-based home fitness technology producer backed by e-commerce firm Amazon and talent agency Creative Artists Agency, secured $250m yesterday in a series E round valuing it at $1.6bn.
Investment firm Dragoneer led the round, which included Cobalt Capital, L Catterton, Sapphire Ventures and undisclosed professional athletes. It said it has now raised more than $450m altogether.
Founded in 2015, Tonal sells an all-in-one workout system capable of mimicking traditional gym equipment and generating more than 90kg of resistance.…
