Zwift Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 516

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $620M

  • Investors
  • 28

Zwift General Information

Description

Developer of an interactive fitness platform designed to transform monotonous solo indoor cycling and running workouts into dynamic and social adventures. The company's platform connects with stationary trainers and playback devices so that cyclists can pedal indoors while immersed in any number of virtual landscapes on the screen, enabling users to join in rides together with friends.

Contact Information

Website
www.zwift.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Specialty Retail
Other Industries
Application Software
Recreational Goods
Corporate Office
  • 111 West Ocean Boulevard
  • Suite 1800
  • Long Beach, CA 90802
  • United States
+1 (562) 000-0000

Zwift Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Zwift Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Later Stage VC 05-Feb-2023 $620M 00.000 Completed Generating Revenue
10. Later Stage VC (Series C2) 08-Mar-2021 0000 00000 00.000 Completed Generating Revenue
9. Later Stage VC (Series C) 16-Sep-2020 00000 00000 00.000 Completed Generating Revenue
8. Later Stage VC 01-Sep-2020 00000 Completed Generating Revenue
7. Secondary Transaction - Private 01-May-2019 00000 00000 Completed Generating Revenue
6. Secondary Transaction - Private 26-Apr-2019 00.00 00000 Completed Generating Revenue
5. Early Stage VC (Series B) 19-Dec-2018 00000 00000 00000 Completed Generating Revenue
4. Secondary Transaction - Private 29-Jan-2018 00.00 000.00 Completed Generating Revenue
3. Early Stage VC 16-Nov-2016 $27M $34.4M 00000 Completed Generating Revenue
2. Angel (individual) 31-Oct-2014 $7M $7.35M Completed Startup
To view Zwift’s complete valuation and funding history, request access »

Zwift Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C-2 0,000,000 00.000000 000.00 000.00 00 000.00 0.000
Series C 00,000,000 00.000000 000.0 000.0 00 000.0 00.000
Series B 29,446,625 $0.000010 $4.44 $4.44 1x $4.44 15.91%
Series A 16,123,700 $0.000010 $1.68 $1.68 1x $1.68 8.71%
To view Zwift’s complete cap table history, request access »

Zwift Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an interactive fitness platform designed to transform monotonous solo indoor cycling and running workouts i
Specialty Retail
Long Beach, CA
516 As of 2024
00.000
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00000000000 000 0000
Madrid, Spain
00 As of 0000
00000000000

000000

re magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco labo
000000000000 00000
New York, NY
000 As of 0000
0000
0&0
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Zwift Competitors (7)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
BKool Venture Capital-Backed Madrid, Spain 00 00000000000
Lululemon Studio Formerly VC-backed New York, NY 000 0000 0&0
Wahoo Fitness Private Equity-Backed Atlanta, GA 000 00000 0000000 0000 00000
IFIT Health & Fitness Private Equity-Backed Logan, UT 0000 00.000 000000000 00.000
Trainer Road Corporation Reno, NV 00
You’re viewing 5 of 7 competitors. Get the full list »

Zwift Patents

Zwift Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230211208-A1 Virtual shifting for exercise devices Pending 31-Dec-2021 00000000000 00
EP-4205825-A1 Single-sprocket system for a bicycle trainer Pending 31-Dec-2021 000000000 0
US-20230213087-A1 Single-sprocket system for a bicycle trainer Pending 31-Dec-2021 00000000 00
US-20220040535-A1 Interchangeable multi-component exercise system Pending 10-Aug-2020 00000000000
EP-3954440-A1 Interchangeable multi-component exercise system Pending 10-Aug-2020 A63B24/0087 0
To view Zwift’s complete patent history, request access »

Zwift Executive Team (15)

Name Title Board Seat Contact Info
Eric Min Co-Founder, Co-Chief Executive Officer, President & Chairman
Kurt Beidler Co-Chief Executive Officer
Alarik Myrin Co-Founder & Chief Strategy Officer
Steve Beckett Chief Marketing Officer & Revenue Officer
Lee Readman Chief People Officer
You’re viewing 5 of 15 executive team members. Get the full list »

Zwift Board Members (5)

Name Representing Role Since
Celeste Burgoyne Self Board Member 000 0000
Eric Min Zwift Co-Founder, Co-Chief Executive Officer, President & Chairman 000 0000
Ilkka Paananen Self Board Member 000 0000
Patrick Pichette Inovia Capital Board Member 000 0000
Stephen Shanley Kohlberg Kravis Roberts Board Member 000 0000
To view Zwift’s complete board members history, request access »

Zwift Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Zwift Investors (28)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Permira Holdings Venture Capital Minority 000 0000 000000 0
Nucleus Adventure Capital Venture Capital Minority 000 0000 000000 0
PDS Ventures Corporate Venture Capital Minority 000 0000 000000 0
Rubix Ventures Venture Capital Minority 000 0000 000000 0
Amazon Alexa Fund Corporate Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 28 investors. Get the full list »

Zwift Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
eDrive Engineering Services 31-Mar-2021 0000000000 Consulting Services (B2B) 0000 000
Milestone Sports 26-Jun-2018 Merger/Acquisition Electronics (B2C) 0000 000
To view Zwift’s complete acquisitions history, request access »

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