Corporate and M&A

Tonal raises fresh money and appoints new CEO

2023-04-13T05:36:00

Tonal logo

Tonal, a celebrity-backed home fitness startup, has raised $130 million in a new round of funding. The struggling connected home exercise equipment company plans to use the new capital to strengthen its balance sheet and boost sales growth in the shrinking post-pandemic home exercise equipment market. Since its founding in ...

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