About Strava
Strava is a company based in San Francisco (United States) founded in 2009 by Davis Kitchel.. Strava has raised $144.6 million across 8 funding rounds from investors including TCV, Sequoia Capital and Dragoneer. Strava has completed 4 acquisitions, including Fatmap, Recover Athletics and Runna. Strava offers products and services including Strava App and Strava Subscription. Strava operates in a competitive market with competitors including STEPN, Runkeeper, JOIN, Imxingzhe and Link My Ride, among others.
- Headquarter San Francisco, United States
- Founders Davis Kitchel
- Stage Unicorn
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Sectors
HealthcareMedia & Entertainment
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Email
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Phone
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Website
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Social
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Products & Services of Strava
Strava offers a comprehensive portfolio of products and services, including Strava App and Strava Subscription. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobile app for tracking and sharing running, cycling, and hiking activities socially.
Subscription offering enhanced features like safety tracking and performance analysis.
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Software Development Team
51 people
Product Management Team
37 people
Senior Team
14 people
Leadership Team
13 people
Sales and Marketing
12 people
Operations Team
9 people
Human Resources and Administration
8 people
Creative and Marketing Team
7 people
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Funding Insights of Strava
Strava has successfully raised a total of $144.6M across 8 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.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Last Round
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First Round
First Round
(12 Jan 2011)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Debt – Conventional - Strava | Valuation |
investors |
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| May, 2025 | Amount | Series G - Strava | Valuation | Sequoia Capital | |
| Nov, 2020 | Amount | Series F - Strava | Valuation | TCV , Sequoia Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Strava
Strava has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include TCV, Sequoia Capital and Dragoneer. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital is invested in global technology companies by TCV.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Private equity investments are made in technology-enabled growth companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Strava
Strava has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Fatmap, Recover Athletics and Runna. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Personalized running training programs are delivered via an application.
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2020 | ||||
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Provider of a training app for cyclists
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2020 | ||||
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AI-enabled injury recovery app for runners and athletes is provided.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Strava
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Strava Comparisons
Competitors of Strava
Strava 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 STEPN, Runkeeper, JOIN, Imxingzhe and Link My Ride, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Move-to-earn solutions are offered via a blockchain-based running app.
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| domain | founded_year | HQ Location |
Personal fitness is tracked and improved through a mobile application.
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| domain | founded_year | HQ Location |
JOIN is recognized as an AI-driven cycling training application.
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| domain | founded_year | HQ Location |
Mobile app to track cycle rides and interact with cycling communities
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| domain | founded_year | HQ Location |
A platform is developed for connecting cyclists, events, and groups.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Strava
Frequently Asked Questions about Strava
When was Strava founded?
Strava was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is Strava located?
Strava is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Strava a funded company?
Strava is a funded company, having raised a total of $144.6M across 8 funding rounds to date. The company's 1st funding round was a Series F of $110M, raised on Jan 12, 2011.
What does Strava do?
Strava was founded in 2009 in San Francisco, United States, as a subscription-based social networking platform focused on the fitness sector for runners and cyclists. Personalized training tools are provided, along with features for analyzing cycling and running data, comparing performances, and competing online. GPS routes are recorded by users, progress is tracked, and milestones are monitored through mobile applications. Social fitness sharing is enabled among athletes.
What products or services does Strava offer?
Strava offers Strava App and Strava Subscription.
How many acquisitions has Strava made?
Strava has made 4 acquisitions, including Fatmap, Recover Athletics, and Runna.
Who are Strava's investors?
Strava has 8 investors. Key investors include TCV, Sequoia Capital, Dragoneer, Jackson Square Ventures, and Go4it Capital.
What is Strava's valuation?
The valuation of Strava is $1.5B as of Nov 2020.
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