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Strava raises funding at a $2.2 billion valuation led by Sequoia Capital, with additional support from TCV, Jackson Square Ventures, and Go4it Capital to expand operations.

May 26, 20252 months ago

Amount Raised

$2.2 Billion

San FranciscoSoftware

Investors

Go4it CapitalJackson Square VenturesTcvSequoia Capital

Description

Strava, a San Francisco-based fitness app provider, raised an undisclosed amount at a $2.2 billion valuation. The round was led by Sequoia Capital with participation from TCV, Jackson Square Ventures, and Go4it Capital. The funds will be used to expand operations and business reach. Strava has over 150 million users worldwide.

Company Information

Company

Strava

Location

San Francisco, California, United States

About

Strava is Swedish for “strive,” which epitomizes who we are and what we do. We’re a passionate and committed team, unified by our mission to connect athletes to what motivates them and help them find their personal best. And with billions of activity uploads from all over the world, we have a humbling and audacious vision: to be the record of the world’s athletic activities and the technology that makes every effort count.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers