Strava has confidentially filed for an IPO, hired Goldman Sachs and could go public as soon as this spring, according to a report.
Strava is reportedly preparing for a U.S. IPO as soon as 2026, after a $2.2B valuation, acquisitions and key leadership hires.
Vuori, a competitor to Lululemon, has quickly gained market share in the premium activewear space, hitting a $4 billion valuation in 2021 .
Tonal has tapped Krystal Zell to be its new CEO, the smart home gym company said while also announcing a $130 million funding round.
The struggling home gym company could agree to a funding round that values it at $200 to $300 million, a far cry from the $1.6 billion valuation Tonal was looking at two years ago.
Connected fitness startup Forme is working with German-based multinational full-service investment bank Berenberg on the IPO.
Fitell, which has applied to list its shares on Nasdaq, expects its IPO of four million shares to price at $4 to $6 a share.
Aside from squashing the IPO anticipation, Gymshark is set to open its first retail location in London on Regent Street.
Vita Coco had early big-name investors like Madonna, Matthew McConaughey, and Demi Moore, as coconut beverages became a health trend.
iFIT cites rough waters in the market for putting its IPO on hold. The company notes pause is fluid, and it'll continue to assess market.
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