What is Strava's current IPO status?

Strava has recently filed confidentially for an initial public offering, with a potential debut expected this spring.

When was Strava last valued?

Strava was valued at $2.2 billion during a funding round that concluded in May.

Strava is a fitness platform that combines workout tracking with social networking features for users across multiple sports.

Home / Business and Economy / Strava Files for IPO Amid Market Rebound

Strava Files for IPO Amid Market Rebound

9 Jan

•

Summary

Strava has confidentially filed for an initial public offering recently.
The fitness app's offering is anticipated as soon as this spring.
Strava was valued at $2.2 billion in a May funding round.

Strava Files for IPO Amid Market Rebound

Fitness tracking application Strava has recently submitted confidential paperwork for an initial public offering. This significant move, reported by The Information, suggests the San Francisco-based company could enter public markets as early as the spring.

The anticipated IPO aligns with broader market trends, with a rebound in public offerings expected in 2026. This surge is fueled by anticipated interest rate cuts and a backlog of companies prepared to list after delays.

Strava, founded in 2009, merges fitness tracking with social networking. Valued at $2.2 billion in a May funding round, its offering could provide an exit for investors like Sequoia Capital and TCV.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.