Strava Stock
Online Fitness Network
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About Strava Stock
Strava is a social network and mobile app that aims to connect athletes of a wide variety of sports and fitness activities. Athletes primarily use the app to track and analyze their workouts via GPS data. The app allows users to compare their timing data against that of other athletes who have completed the same routes. Users are additionally given the flexibility to explore routes and paths taken by other athletes or join sporting clubs in their cities.
Strava was founded in 2009 and is headquartered in San Francisco, California with additional offices in Denver, Hanover, and the United Kingdom.
Source: Strava
Investors
GO4IT
Jackson Square Ventures
Plume Design, Alto Pharmacy, Seismic, OfferUp, Demandbase, Strava, Upwork (Fka: Elance-oDesk), Centrify, CREXi, Sparkcentral
Sequoia Capital
Market Kurly, Robinhood, Airbnb, Instacart, Tokopedia, Stripe, DoorDash, Rappi, CoinSwitch Kuber, UiPath
Sigma Partners
View, DocuSign, Welltok, Demandbase, Acquia, Strava, Rethink Robotics, Upwork (Fka: Elance-oDesk), Kateeva, Centrify
Funding History
| October 2010 | $4.1M |
|---|---|
| July 2011 | $12.6M |
| March 2013 | $19.7M |
| October 2014 | $18.6M |
| December 2016 | $13.7M |
| December 2020 | $110M |
Management
Chief Executive Officer
Michael Horvath
Chief Financial Officer
Lily Yang
Press
TechCrunch - Apr, 12 2023
Strava launches integration with Spotify to let users listen to content while tracking activitiesTechCrunch - Feb, 13 2023
Strava searches for new CEO with cofounder Michael Horvath departing for a second timeTechCrunch - Jan, 24 2023
Strava acquires Fatmap, a 3D mapping platform for the great outdoorsTechCrunch - Nov, 9 2022
Snapchat now lets you share your Strava activities in snaps and storiesTechCrunch - Sep, 23 2022
A Strava co-founder races into a lucrative market – lending against life insurancezd - Jul, 14 2022
Oura and Strava partnership announced: Workouts will be reflected in Readiness and Activity scoresow - Jun, 21 2022
Strava fitness app used to spy on Israeli military officialsprnewswire - Jun, 8 2022
Strava Expands Offerings with New Trail Sports and Trail Route Recommendationsprnewswire - May, 18 2022
Strava Acquires Injury Prevention App, Recover Athleticswsj - Mar, 17 2022
Strava Hires Taco Bell Executive to Lead Marketing Effortsdlvr - Mar, 15 2022
Strava Removes the Option to Sync Unrecorded Activities With Apple Health | Here's the Solutionhill - Mar, 12 2022
Strava ending service in Russia, Belarustechmeme - Jan, 9 2022
Strava CEO Michael Horvath says the app's revenue increased 68% YoY in 2021, suggesting a revenue of approximately $170M and a paid subscriber base of 2M to 3Mprn - Dec, 14 2021
Strava Appoints Gustav Gyllenhammar of Spotify to Board of Directorsprnewswire - Nov, 3 2021
Strava Appoints Lily Yang as Chief Financial Officerprnewswire - Sep, 16 2021
Strava Appoints Jerrell Jimerson of Disney Streaming to Board of DirectorsTechCrunch - Apr, 22 2021
Running apps still lag behind on privacy and securityTechCrunch - Jan, 6 2021
Twitter acqui-hires creative agency Ueno to help design new productsTechCrunch - Nov, 16 2020
Strava raises $110 million, touts growth rate of 2 million new users per month in 2020Endurance Business - May, 15 2020
Strava Routes now integrate with GarminEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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