Connected fitness equipment maker Tonal is laying off 35 percent of its workforce, according to CNBC. Like Peloton, the company grew its headcount significantly over the last two years as demand for ...

The connected fitness equipment sector is heating up. On Thursday, Tonal–dubbed the “Peloton for weight-lifting”–announced a $45 million Series C fundraising round led by L Catterton (ThirdLove, ...

The global fitness equipment market exceeded $10 billion in 2020 and is expected to reach $25 billion by 2027, according to Global Market Insights. Equipment that connects smart devices via high-speed ...

With the men’s and women’s NCAA tournament kicking off this weekend in their respective bubble-type environments, there was a great deal of excitement in the college basketball world. But that ...

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Connected fitness company Tonal has raised $45 million in Series C funding, bringing the company’s total funding to $90 million. The Growth Fund of L Catterton led the round. Additional investors ...

Most people look at fitness equipment and see only the physical challenge in front of them. Aly Orady, an electrical engineer by training, looked around the gym one morning and saw a different ...

At-home fitness company Tonal is offering a trade-in program for Mirror customers. From now through February 12, eligible customers can receive $250 off Tonal equipment. The program also includes 12 ...

Fitness equipment makers Tonal, backed by Amazon, is laying off nearly 35% of its workforce, affecting all levels of its business. The Chief Executive Officer, Aly Orady, reportedly said that the ...

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