Zwift
Latest round
- Series C
Last raised
- Sep 2020
Total raised
- $597M
Investors
- 12
About Zwift
Founded in 2014, Zwift, Inc.Zwift, Inc. specializes in an interactive online training platform for cyclists and runners, founded by Alarik Myrin, Eric Min, Jon Mayfield, and Scott Barger.Zwift is a leading provider of an immersive indoor cycling and running application designed to enhance the training experience for athletes at all levels. The company's core product is the Zwift platform, which allows users to engage in virtual training through smart bikes and trainers, effectively simulating outdoor experiences in a digital landscape. By connecting their equipment to the app, users can cycle or run through various terrains, participate in organized events, and join training programs, thereby addressing the need for motivation and community in indoor exercise. Zwift targets a diverse customer base, including amateur and professional athletes, fitness enthusiasts, and social cyclists, serving markets in North America, Europe, and parts of Asia, where the demand for engaging indoor training solutions is significant.00 mn in revenue for the most recent year, 2017. Customers pay a recurring fee to utilize the platform's extensive training and competition features, which may also include special events and community challenges. The primary transaction structure involves direct-to-consumer sales, with users subscribing to the service via the company’s website or app. This model may lead to varying revenue streams as the company introduces partnerships or promotional offerings, enhancing user engagement and retention. It aims to launch new features and enhancements to its platform, targeting the release in the upcoming year. The company is also looking to expand its presence in Europe and Asia by the end of 2022, seeking to tap into the growing markets for digital fitness solutions.
Who invested in Zwift
12 investors across 3 rounds
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Questions about Zwift
Who invested in Zwift?
Zwift has 12 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Zwift raised?
Zwift has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Zwift last raise money?
Zwift's most recent round on record is a Series C, in Sep 2020.
What does Zwift do?
Zwift is a software company.
Where is Zwift headquartered?
Zwift is headquartered in Long Beach, US.
Which VCs invest in companies like Zwift?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Zwift's stage. Their profiles are linked below.
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