Echelon

Chattanooga, United States Founded: 2017 • Age: 9 yrs
Smart indoor exercise bikes and live training classes are provided.
Annual revenue - Latest available
Total funding $65.0M 3 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Echelon

Echelon is a company based in Chattanooga (United States) founded in 2017 by Lou Lentine. It operates as a Direct-to-Consumer (D2C) and Subscription Services. Echelon has raised $65 million across 3 funding rounds from investors including Goldman Sachs, United Talent Agency and North Castle Partners. Echelon has completed 1 acquisition, including ThriveX. Echelon offers products and services including Echelon Connect Bikes, Echelon Stride Treadmills, Echelon Premier Membership, and Echelon Rowers. Echelon operates in a competitive market with competitors including Peloton, Wahoo Fitness, Technogym, Volava and Schwinn Fitness, among others.

  • Headquarter Chattanooga, United States
  • Founders Lou Lentine
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Echelon Fit Us
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $65 M (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of Echelon

Echelon offers a comprehensive portfolio of products and services, including Echelon Connect Bikes, Echelon Stride Treadmills, Echelon Premier Membership, and Echelon Rowers.

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Primary

Connected bikes are offered for home fitness workouts.

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Treadmills are provided for compact home exercise solutions.

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Membership is offered for live and on-demand classes.

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Rowing machines are designed for full-body home workouts.

People of Echelon

Headcount 50-200
Employee Profiles 33
Employee Profiles
People
Christopher Baumunk
Senior Vice President Retail Sales
People
Corey Anderson
Product Development Specialist
People
Jennifer Potter
B2c Accounts Receivable Specialist (temporary)
People
Lou Lentine
CEO

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Funding Insights of Echelon

Echelon has successfully raised a total of $65M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Echelon

Echelon has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, United Talent Agency and North Castle Partners.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
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US private equity investments are managed by North Castle Partners.
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Talent and literacy agency for artists
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Investor details for Echelon

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Echelon

Echelon has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ThriveX.

Investments
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Investment portfolio details for Echelon

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  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Recovery equipment and contrast therapy are provided for wellness.
Locked Locked 2023 Locked
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Complete acquisition details for Echelon

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Financial Statements - Echelon

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Detailed financials for Echelon

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Echelon Comparisons

Echelon Primary company
Description
Smart indoor exercise bikes and live training classes are pr...
Location
Chattanooga, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Echelon

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Competitors of Echelon

Echelon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Peloton, Wahoo Fitness, Technogym, Volava and Schwinn Fitness, among others.

Company Name Domain Founded year HQ Location Description
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Smart fitness equipment and streaming platforms are provided.
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Fitness equipment is offered via an online platform.
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Provider of cloud-based smart gym equipment and software
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Indoor training cycles are provided via a connected fitness platform.
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Smart cycling bikes and connected apps are developed.
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Detailed competitors of Echelon

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Latest news on Echelon

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Complete news archive for Echelon

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Frequently Asked Questions about Echelon

Echelon was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Echelon is headquartered in Chattanooga, United States. It is registered at Chattanooga, Tennessee, United States.

Lou Lentine is the current CEO of Echelon. They have also founded this company.

Echelon is a funded company, having raised a total of $65M across 3 funding rounds to date.

A range of home fitness equipment including treadmills, bikes, rowers, and ellipticals is offered by Echelon. Subscription-based membership plans with live and on-demand classes are also provided. Solutions cater to various fitness levels across the consumer fitness sector. AI-driven workout plans and community engagement are integrated into offerings. Equipment and services are designed for home use with a focus on quality and affordability.

Echelon's top competitors include Peloton, Wahoo Fitness and Technogym.

Echelon offers Echelon Connect Bikes, Echelon Stride Treadmills, Echelon Premier Membership, and Echelon Rowers.

Echelon has made 1 acquisition, including ThriveX.

Echelon has 3 investors. Key investors include Goldman Sachs, United Talent Agency, and North Castle Partners.

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