3. Peloton $550M
Round: Series F
Date of funding: August 2
Description: New York-based Peloton uses technology and design to connect the world through fitness, empowering people to be the best version of themselves. Founded in 2012, Peloton has now raised a total of $994.4M in equity funding.
Industry: Content, Customer Service, Cycling, Fitness, Hardware, Online Portals, Technical Support, Video Streaming
Location: New York
Total equity funding raised: $994.4M
Funding round details: Fitness company Peloton has raised a whopping $550M in Series F funding from investors that include Kleiner Perkins Caufield & Byers, True Ventures, TCV, Tiger Global Management, Wellington Management, Fidelity Management and Research Company, Felix Capital, NBCUniversal, Balyasny Asset Management, and Winslow Capital. Peloton was founded by Graham Stanton, John Foley, Tom Cortese, and Yony Feng in 2012 and has now raised a total of $994.7M in funding over eight rounds. After this round, the company’s valuation now exceeds $4B.
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