Peloton Secures $75,000,000 New Funding
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8a38a9c0-2b1d-42de-b415-c132e9b7bd35 - Date
12/2/2015 - Company Name
Peloton - Mailing Address
158 West 27th Street 4th Floor New York, NY 10001 USA - Company Description
Peloton is changing the way people workout at home with our designer indoor cycle and first-in-class, interactive live and on-demand classes. Instructors will teach at Peloton’s flagship NYC studio to a full roster of riders. - Website
http://www.pelotoncycle.com - Transaction Type
Venture Equity - Transaction Amount
$75,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
Catterton’s investment will allow Peloton to accelerate innovation in the at-home fitness category and rapidly expand awareness and market share. - M&A Terms
- Venture Investor
Catterton Partners
