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My startup is profitable and made over $100M in 6 months. I still worry it could all disappear.

David Rabie grew up in an Iranian immigrant family full of entrepreneurs. Their experience shaped his tolerance for risk as he built Tovala.

David Rabie, founder of Tovala, was raised to become an entrepreneur, with many family members already involved in business. His resilience and risk tolerance helped him through challenges, including a bank collapse. The idea for Tovala, a meal service that brings home-cooked meals to users' doors, was born from his own experience of cooking meals for his family.

After launching in 2015, Tovala gained traction through a successful Kickstarter campaign, which raised $100,000. However, securing a Series B fundraise proved difficult, leading to the collapse of a potential deal due to a conflict of interest. When the pandemic hit in 2020, Tovala's Series B funds were tied up at Silicon Valley Bank, and the company faced a stressful financial situation.

Despite these setbacks, Tovala has since become profitable, generating over $100 million in revenue over the past six months. Rabie acknowledges that a lingering sense of worry remains, but he believes his long history of business challenges has taught him to continue growing despite the risk.

Written by urgent.news from Business Insider's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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