Chicago, Illinois

Arnav Dalmia

Co-founder and former CEO of Cubii, the under-desk elliptical company he bootstrapped from a Kickstarter campaign to a major acquisition. Now building Tovie.

The short version

Arnav moved to Chicago from India in 2009 to study at the University of Chicago. There he met Shivani Jain and Ryota Sekine — two future co-founders who, like him, had no engineering background and no venture funding lined up. What they had was a simple observation: office life is sedentary, and nobody had built a good enough reason to fix that from under a desk.

That observation became Cubii, a compact seated elliptical first funded through a 2014 Kickstarter campaign. With almost no outside capital, the team grew it into one of Inc.'s fastest-growing private companies in America for consecutive years, reaching tens of millions in annual revenue before Gridiron Capital acquired a controlling stake in October 2020 in a deal reported at roughly $100 million.

"We get calls from people saying Cubii has literally changed their lives. That is the most heartwarming thing you can imagine." — on unexpected customers rehabbing from surgery, cancer treatment, and arthritis

Arnav has since stepped back from Cubii's day-to-day and started Tovie, along with speaking openly about the cost of the hustle-first culture that built his first company — and what he's doing differently the second time around.

How it happened

Awards & recognition

In the press

Coverage of Arnav and Cubii, ranked roughly by source credibility — original reporting and primary business records first, PR and community/interview content after.

Contact

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