Tonal
PrivateLast Round
Series 1
Mar 30, 2026
Est. Valuation
$575M
Total Funding Raised
$450M
Momentum
Top 50%
of companies Caplight tracks
Company Overview
Tonal is a fitness technology company that offers a digital platform for weight lifting, utilizing magnets and electricity to provide adjustable resistance and real-time workout tracking in a compact device.
Sector
Consumer & Commerce
Verticals
Consumer Electronics, Sports & Fitness, Subscription Commerce
Business Model
B2C
Customer Profile
Hardware + Subscription, Hardware Sales
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Tonal Comparables
Compare Tonal with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| AMP Fitness | 86% | |
| Vitruvian | 86% | |
| Tempo | 84% |
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Tonal Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series 1 | Mar 30, 2026 | ||||
| New Preferred | Apr 10, 2023 | ||||
| Series F | Sep 13, 2022 | ||||
| Series E | Mar 31, 2021 | ||||
| Series C-2 | Jun 12, 2020 | ||||
Series C | Apr 4, 2019 |
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Key People
Founding team and executive leadership
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Tonal Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| New Ground Ventures | Series E |
| Notable Capital | Series C-2 |
| WISE Ventures | Series B |
| M13 | Series B, Series E |
| Gaingels | Series E |
| TechNexus Venture Collaborative | Series B |
| Bolt | Series C, Seed, Series B |
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Market signals
Structured signals derived from secondary market and firmographic data.
- Nov 7, 2026
Tonal announced the Tonal 2 Glacier, a refreshed version of its Tonal 2 digital resistance trainer which features a new color, mirrored glass, and accessory storage.
- Jun 2, 2026
Launching B2B offering for clinical settings and healthcare providers.
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Recent news
Latest coverage and updates
- launchesNov 7, 2026
Tonal announces the Tonal 2 Glacier, a refreshed digital resistance trainer with a white mirror-like finish and integrated accessory storage, available for pre-order at $4,795 on Nov 7th '26, with installation beginning in Jan '27.
- partners_withOct 7, 2026
Tonal partners with WeWork to place Tonal 2 strength-training systems in nine U.S. coworking locations, with member discounts, on Oct 7th '26.
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Tonal Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Tonal's valuation, stock price, and market status.
Is Tonal a public or private company?
Tonal is a private company.
What is the current stock price of Tonal?
Tonal is a private company, so its shares have no public market price. Caplight tracks Tonal's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Tonal worth (valuation)?
Tonal's valuation is estimated at $575.0M based on funding round data.
Can I buy Tonal stock?
Tonal shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Tonal's last funding round?
Tonal's most recent funding round was Series 1 on March 30, 2026.
Who are the main investors in Tonal?
Key investors in Tonal include Dragoneer Investment Group, Shasta Ventures, L Catterton, Cobalt Capital, THVC.
Will Tonal IPO soon?
No public IPO plans have been announced for Tonal.
How can I track Tonal secondary market activity?
Caplight tracks bids, offers, and trades in Tonal's shares on secondary markets.