- June 1, 2017
- Posted by:
- Category: FundingSMEs.com
Peloton has raised $325 million in Series E funding.
Founded in 2012, Peloton merges hardware, software, and content to give access to live and on-demand fitness group classes led by elite instructors, performance tracking metrics and a motivating real-time leaderboard. Peloton is sold online and in a growing number of showrooms (20) across the country.
The company will use the new financing to expand its product and content offerings, open new showrooms across the country, and continue to innovate the experience for members at every touchpoint.
|City||New York, NY|
|Founder / CEO||John Foley|
|Investors||Comcast NBC Universal|
|Kleiner Perkins Caufield & Byers|
|Balyasny Asset Management|
|Previous Investors||Tiger Global Management|
|Grace Beauty Capital|