• Peloton Raises $550 Million in Funding Round Led by TCV

    2 monthes ago - By Fortune

    Peloton Interactive Inc., a startup that makes web-connected home-fitness equipment and content, raised $550 million in a funding round led by venture capital firm TCV.
    The investment values Peloton at $4.15 billion and includes backing from Kleiner Perkins Caufield & Byers, Tiger Global Management and GGV Capital. The company said the financing will be its last before pursuing an initial public offering as soon as next year.
    Peloton will use the money to expand internationally, bring a treadmill to market and establish itself as the premier source of fitness-related content. The company...
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  • The 'Netflix of fitness' looks to become a publicly traded stock as soon as next year

    2 monthes ago - By CNBC

    Peloton announces a new $550 million financing round for a reported $4.15 billion valuation.
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  • Peloton raises $550 million to expand its connected fitness machines and virtual classes

    Peloton raises $550 million to expand its connected fitness machines and virtual classes

    2 monthes ago - By Venture Beat

    Peloton, a fitness technology company that sells exercise bikes with screens for on-demand virtual classes, is raising a whopping $550 million in a series F round of funding led by TCV, with participation from most of its existing investors including Kleiner Perkins, NBCUniversal, Tiger Global, True Ventures, Wellington Management, Fidelity ...
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  • Peloton raises $550M at a valuation of $4 billion

    2 monthes ago - By Tech Crunch

    Peloton today announced its Series F funding of $550 million. That brings the total amount raised, according to CrunchBase, to $994.7 million. According to the announcement, this round puts Peloton's valuation at $4 billion - it was just last May the company hit unicorn status.
    TCV led the round with other participation in the round from Tiger Global, True Ventures, Wellington Management, Fidelity, NBCUniversal, and Kleiner Perkin, along with new investors - BlackRock, Franklin and Winslow Capital.
    “We are truly honored to partner with TCV and with Jay Hoag personally,” said John Foley...
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