Is Tonal owned by private equity?
VC-backed, not PE
No, but it’s backed by venture capital. A startup backed by venture and growth investors, including Dragoneer and L Catterton.
Details
- Owner
- Tonal Systems, Inc.
- Backers
- Dragoneer Investment Group; L Catterton; Sapphire Ventures; Cobalt Capital
- Since
- 2021
- Website
- tonal.com
- Confidence
- Medium
Sources
- “Tonal Raises $250M in Funding at $1.6B Valuation” businesswire.com, 2021-03-31
- “Investments | L Catterton (Tonal listed as current)” lcatterton.com
Checked 2026-11-04. A label describes who owns the brand, not the quality of its products. How we label · Report a correction
See this on tonal.com itself: click the PE or Not? extension icon on any page of the site. More outdoor and sporting goods brands