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L Catterton led the equity round that brings the beauty and wellness tech company's total funding to roughly $70 million.
Tally Health has over 250,000 consumers on its waiting list who are interested in improving their health and longevity.
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.
Hydrow says the latest Series D funding round will also be used for product innovation, accelerating brand awareness, & scaling operations.
Investment Will Further Accelerate Growth of Fitness Leader’s Connected Equipment and Industry-leading Subscription Technology Platform iFit
Hydrow, the Live Outdoor Reality™ (LOR) rower, today announced it has secured $25 million in financing led by L Catterton, the largest and most global consumer-focused private equity firm. The fundraising also includes support from the brand's other existing investors, including Rx3 Ventures (co-founded by Greenbay Packers Quarterback Aaron Rodgers). This extension will bring the...
Tonal, a company that sells a wall-mounted workout station for $2,995, is in talks with investors about raising new equity, according to people with knowledge of the matter.
With U.S. fitness enthusiasts relegated to working out at home during the coronavirus pandemic, Hydrow, which makes rowing machines that use streaming video classes, is in talks to raise new funds.
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