Following Tonal, F45 & Whoop reducing staff in the face of economic uncertainty, connected fitness firm Hydrow has also announced layoffs.
What's ahead for at-home fitness is going to be the most discussed topic of the year when 2022 ends. Let's take a look at what the future...
Peloton's entry into rowing - which will make it take on Hydrow - may provide a much-needed boost to the connected fitness company
Hydrow claims that iFIT began selling the RW900 just a few weeks ago and was served with a cease and desist letter.
Hydrow says the latest Series D funding round will also be used for product innovation, accelerating brand awareness, & scaling operations.
With Lizzo, if you had heard rumors of her investing in Hydrow, now you know that all the rumors were true!
Hints for a Peloton rowing machine come from the company's Android app; which offers two signals; company job listings and CEO's denial.
Hydrow initially generated excitement by announcing launch dollars of about $25 million. Now there's an estimated combined value of $1 billion
The rowing machine market continues to gain momentum with Bloomberg reporting that Hydrow is now targeting a valuation of more than $1 billion.
Harris Poll on behalf of Whole Foods uncovered 85% wanted to take steps to boost overall well-being, while 79% want to learn to eat more mindfully.
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