connected exercise bike

By Jonah Comstock June 5, 2019
Peloton, the connected fitness company offering home exercise bikes and treadmills with built-in virtual classes, has announced its intention to IPO by filing a confidential draft statement of its S-1 to the SEC. The company is not disclosing the number of shares they plan to offer or their price range. For those that count Peloton as a digital health company, it constitutes one of the most...
By Dave Muoio August 6, 2018
New York City-based Peloton has raised another $550 million in financing to support its connected home exercise equipment and virtual workout class business. With this Series F round, Peloton’s total funding is just shy of $1 billion raised. The round was led by TCV, with support from returning investors Tiger Global, True Ventures, Wellington Management, Fidelity, NBCUniversal, Kleiner Perkins,...