Company profile: Tovala
1.1 - Company Overview
Company description
- Provider of a food-tech meal system combining a countertop smart steam oven with a fresh, chef-crafted meal delivery service. The internet-connected Tovala Smart Oven cooks via QR/barcode scan, supports Bake, Broil, Toast, Reheat, and Air Fry, and handles hundreds of scannable groceries. Flexible meal plans and a companion app enable custom cook cycles, order-size adjustments, and skipping weeks.
Products and services
- Tovala Meals: Chef-crafted fresh meals engineered for the QR-coded smart oven, cookable via a simple scan, with plans offering 4–16 single or two-serving meals weekly
- Tovala Smart Oven: Steam smart oven that executes multi-step cooking via QR scan, with Bake, Broil, Toast, Reheat, and Air Fry modes for effortless, precise meal preparation
- Scannable Groceries: Barcode-driven cooking for hundreds of name-brand grocery items, where the smart oven constructs preset cook cycles to bake, broil, toast, reheat, or air-fry perfectly with one scan
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Tovala
Nobell Foods
HQ: United States
Website
- Description: Provider of plant-based, animal-free cheese alternatives that melt, stretch, and taste like traditional dairy, and a technology platform to grow dairy proteins from plants to create cheese competitive in taste and price.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Menufy
HQ: United States
Website
- Description: Provider of restaurant e-commerce and online ordering solutions, designing digital-menu websites and listing them on the menufy.com portal and mobile app for local discovery. Supports carryout and delivery in thousands of US cities with online payment processing via major credit cards, Apple Pay, Google Pay, Venmo, PayPal, and Bitcoin. Serving restaurants and their customers since 2009.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Menufy company profile →
Eatclever
HQ: Germany
Website
- Description: Provider of healthy food delivery services in Germany, focused on freshness, delicacy, and nutrition.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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LA Bite
HQ: United States
Website
- Description: Provider of restaurant delivery via an independent driver network to businesses, residences, and hotels with online or phone ordering. Offerings include corporate meal programs (Grubhub Corporate Account with budgets, rules, and consolidated billing), Individual Meal Perks, Group and Scheduled Team Orders, Catering with boxed meals, and Grubhub+ with $0 delivery fees for employees.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full LA Bite company profile →
La Nevera Roja
HQ: Spain
Website
- Description: Provider of an online food ordering platform in Spain, connecting users with more than 4,000 restaurants offering delivery and takeaway. Users enter their address to view restaurants serving their area and can filter results by food type.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full La Nevera Roja company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Tovala
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Tovala
2.2 - Growth funds investing in similar companies to Tovala
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4 - Top valuation comps for Tovala
4.2 - Public trading comparable groups for Tovala
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