Strava’s Latest Acquisition Hints at Its Bold New Vision for Athletes
4 Articles
4 Articles
Strava’s valuation jumps to $2.2bn following acquisition of UK running app Runna
Strava, the fitness tracking app that has become a lockdown staple for millions of runners and cyclists, has confirmed a new valuation of $2.2 billion following its recent acquisition of Runna, a UK-based running coaching platform. The deal, announced in April and completed on Thursday, marks a major step in Strava’s push to deepen its presence in both the running space and the UK tech ecosystem. This is the first time Strava has disclosed its v…
Running app Strava raised new funding at a $2.2B valuation including debt, up from $1.5B after raising $110M in November 2020, and nears $500M in ARR
Ben Glickman / Wall Street Journal: Running app Strava raised new funding at a $2.2B valuation including debt, up from $1.5B after raising $110M in November 2020, and nears $500M in ARR — Strava, whose valuation includes debt, says it acquired cycling app The Breakaway — Strava, the popular running and exercise app …
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium