FORME

Los Angeles, United States Founded: 2020 • Age: 6 yrs
Smart exercising equipment is provided for personalized home fitness training.
Annual revenue $5.4M Latest available
Total funding $108.5M 2 rounds
Employees 26 Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About FORME

FORME is a company based in Los Angeles (United States) founded in 2020 by Trent Ward. It operates as a Subscription Services and Direct-to-Consumer (D2C). FORME has raised $108.51 million across 2 funding rounds. The company has 26 employees as of December 31, 2024. FORME has completed 1 acquisition, including CLMBR. FORME offers products and services including FORME Studio, FORME App, and Golf Fitness Training. FORME operates in a competitive market with competitors including Peloton, Tonal, Tempo, Lululemon Studio and Vitruvian, among others.

  • Headquarter Los Angeles, United States
  • Employees 26 as on 31 Dec, 2024
  • Founders Trent Ward
  • Stage Public
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Interactive Strength, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $5.38 M (USD)
    459.25
    as on Dec 31, 2024
  • Net Profit
    -$34.93 M (USD)
    32
    as on Dec 31, 2024
  • EBITDA
    -$21.96 M (USD)
    54.21
    as on Dec 31, 2024
  • Total Equity Funding
    $108.51 M (USD)

    in 2 rounds

  • Latest Funding Round
    $38.66 M (USD), Series C

    Aug 29, 2022

  • Investors
    Not available
  • Employee Count
    26

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of FORME

FORME is a publicly listed company on the NASDAQ with ticker symbol TRNR in USA, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: TRNR · Sector: Retail trade · USA

Products & Services of FORME

FORME offers a comprehensive portfolio of products and services, including FORME Studio, FORME App, and Golf Fitness Training.

Product name locked
Category locked
Primary

Smart fitness mirror for personalized training sessions.

Product name locked
Category locked
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Mobile app for on-demand fitness classes.

Product name locked
Category locked
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Customized golf fitness programs with certified trainers.

People of FORME

Headcount 50-200
Employee Profiles 26
Employee Profiles
People
Mark Correa
Operations Coordinator
People
Akhila T
Lead Software Engineer
People
Marvin Nixon, MS, NBC-HWC
Well-Being and Fitness Coach
People
文峰 洪
Head of Quality

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Funding Insights of FORME

FORME has successfully raised a total of $108.51M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $38.66 million completed in August 2022. 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.

Investments & Acquisitions by FORME

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

Investments
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Investment portfolio details for FORME

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
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Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Manufacturer of fitness equipment
Locked Locked 2019 Locked
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Complete acquisition details for FORME

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  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - FORME

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Detailed financials for FORME

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  • Profit trends
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Forme Comparisons

FORME Primary company
Description
Smart exercising equipment is provided for personalized home...
Location
Los Angeles, United States
Founded Year
2020
Annual Revenue
$5.38 M (USD)
Net Profit
-$34.93 M (USD)
EBITDA
-$21.96 M (USD)
Employees
26
As of 2024
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Peer comparison for FORME

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  • Headcount comparison
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Competitors of FORME

FORME 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, Tonal, Tempo, Lululemon Studio and Vitruvian, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Smart fitness equipment and streaming platforms are provided.
Locked Locked Locked
AI-based full-body motion analysis and strength training system is offered.
Locked Locked Locked
Jira-integrated software for resource management and time tracking is developed.
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Online fitness classes are offered via membership access.
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Smart resistance training equipment and app are provided by Vitruvian.
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Detailed competitors of FORME

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  • Domains and locations
  • Full company profiles
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Latest news on Forme

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Complete news archive for FORME

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about FORME

FORME was founded in 2020 and raised its 1st funding round 1 year after it was founded.

FORME is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Trent Ward is the current CEO of FORME. They have also founded this company.

FORME is a funded company, having raised a total of $108.51M across 2 funding rounds to date.

As of Dec 31, 2024, the latest employee count at FORME is 26.

Annual revenue of FORME is $5.38M as on Dec 31, 2024.

FORME is involved in delivering innovative fitness solutions through smart equipment like the FORME Studio mirror and a dedicated mobile app. Personalized training sessions are offered with certified trainers focusing on various fitness areas including golf fitness, mobility, strength training, and more. Services are provided via subscription plans, ensuring access to live one-on-one sessions, custom workout plans, and on-demand classes. The company targets individual consumers seeking convenient and tailored fitness experiences.

FORME's top competitors include Peloton, Tonal and OxeFit.

FORME offers FORME Studio, FORME App, and Golf Fitness Training.

Yes, FORME is publicly traded on NASDAQ under the ticker symbol TRNR.

FORME has made 1 acquisition, including CLMBR.

The ticker symbol of FORME is TRNR on NASDAQ.

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