About IFit
IFit is a company based in Logan (United States) founded in 1977 by Gary E Stevenson, Raider S, and Scott Watterson. IFit has raised $755 million across 5 funding rounds from investors including Planet Fitness, L Catterton and Pamplona Capital Management. IFit has completed 4 acquisitions, including 29029 Everesting, Freemotion and Reform RX. IFit operates in a competitive market with competitors including Zwift, Fitterfly, Kaia Health, Keleya and WayBetter, among others.
- Headquarter Logan, United States
- Founders Gary E Stevenson, Raider S, Scott Watterson
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Sectors
Healthcare
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Ifit Health & Fitness Limited
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$755 M (USD)
in 5 rounds
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Latest Funding Round
$355 M (USD), Debt – Conventional
Apr 15, 2022
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Investors
Planet Fitness
& 2 more
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Employee Count
Not available
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Investments & Acquisitions
29029 Everesting
& 3 more
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People of IFit
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Leadership Team
23 people
Software Development Team
20 people
Sales and Marketing
13 people
Product Management Team
9 people
Operations Team
7 people
Customer Team
5 people
Human Resources and Administration
4 people
Legal and Compliance
4 people
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Funding Insights of IFit
IFit has successfully raised a total of $755M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $355 million completed in April 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.
Investors in IFit
IFit has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Planet Fitness, L Catterton and Pamplona Capital Management.
| Investor | Description | Founded Year | Domain | Location |
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L Catterton is recognized as a leading consumer-focused private equity group.
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Private equity investment firm focused on multiple sectors
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Operator of fitness chain
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Locked | Locked | Locked |
Investor details for IFit
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by IFit
IFit has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include 29029 Everesting, Freemotion and Reform RX.
Investment portfolio details for IFit
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- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of sports services
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Locked | Locked | 2018 | Locked | |
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Pilates reformer machines for fitness exercises are provided commercially.
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Locked | Locked | 2018 | Locked | |
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Cycling and physical fitness services are offered at standalone centers.
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Locked | Locked | 1999 | Locked |
Complete acquisition details for IFit
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- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - IFit
Detailed financials for IFit
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- Historical revenue
- Profit trends
- Statement rows
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Ifit Comparisons
Peer comparison for IFit
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of IFit
IFit 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 Zwift, Fitterfly, Kaia Health, Keleya and WayBetter, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Gamified indoor cycling training is delivered via an app-based platform.
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A mobile app is offered for managing multiple chronic diseases.
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| Locked | Locked | Locked |
Provider of digital musculoskeletal pain management solutions
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App offering exercise and yoga plans for pregnant women
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| Locked | Locked | Locked |
Provider of gamified health and wellness programs
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Detailed competitors of IFit
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- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Ifit
Complete news archive for IFit
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- Full article archive
- Source and publication date
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- Brand-specific news history
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Frequently Asked Questions about IFit
IFit was founded in 1977 and raised its 1st funding round 42 years after it was founded.
IFit is headquartered in Logan, United States. It is registered at Logan, Utah, United States.
Kevin Duffy is the current CEO of IFit.
IFit is a funded company, having raised a total of $755M across 5 funding rounds to date.
iFit was founded in 1977 and is headquartered in Logan, United States. Operations center on the fitness equipment sector, where smart interactive devices such as treadmills, bikes, ellipticals, rowers, and cable machines are supplied. A website and mobile app community are maintained to support health and slimming initiatives. Personalized workout videos from trainers are delivered through the platform to enhance user training.
IFit's top competitors include Fitterfly, Kaia Health and Zwift.
IFit has made 4 acquisitions, including 29029 Everesting, Freemotion, and Reform RX.
IFit has 3 investors. Key investors include Planet Fitness, L Catterton, and Pamplona Capital Management.