About The Breakaway
The Breakaway is a company based in Truckee (United States) founded in 2020 was acquired by Strava in May 2025.. The Breakaway has raised $3.03 million across 2 funding rounds from investors including Strava, Norwest Venture Partners and General Catalyst. The Breakaway operates in a competitive market with competitors including Zwift, Rouvy, JOIN, Tacx and FulGaz, among others.
- Headquarter Truckee, United States
-
Sectors
Media & Entertainment
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Breakaway Industries Limited
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Funding Insights of The Breakaway
The Breakaway has successfully raised a total of $3.03M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.9 million completed in February 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $2.9M
-
First Round
First Round
(02 Sep 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Seed - The Breakaway | Valuation | General Catalyst , Norwest Venture Partners |
|
| Sep, 2021 | Amount | Seed - The Breakaway | Valuation | Y Combinator |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in The Breakaway
The Breakaway has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Strava, Norwest Venture Partners and General Catalyst. 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 |
|---|---|---|---|---|
|
Investment and transformation services for entrepreneurs in technology and finance sectors.
|
Founded Year | Domain | Location | |
|
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by The Breakaway
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - The Breakaway
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
The Breakaway Comparisons
Competitors of The Breakaway
The Breakaway 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, Rouvy, JOIN, Tacx and FulGaz, 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 |
Gamified indoor cycling training is delivered via an app-based platform.
|
|
| domain | founded_year | HQ Location |
Indoor cycling simulations are offered via web-based application for training.
|
|
| domain | founded_year | HQ Location |
JOIN is recognized as an AI-driven cycling training application.
|
|
| domain | founded_year | HQ Location |
Interactive bike trainers and training software are provided by Tacx.
|
|
| domain | founded_year | HQ Location |
Mobile app for virtual cycling training is provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about The Breakaway
When was The Breakaway founded?
The Breakaway was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is The Breakaway located?
The Breakaway is headquartered in Truckee, United States. It is registered at Truckee, California, United States.
Is The Breakaway a funded company?
The Breakaway is a funded company, having raised a total of $3.03M across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Sep 02, 2021.
What does The Breakaway do?
Provider of a training app for cyclists. The app provides motivational feedback, tips, cycling data, and workouts analysis for cyclists. The app is compatible with iOS devices.
Who are the top competitors of The Breakaway?
Who are The Breakaway's investors?
The Breakaway has 5 investors. Key investors include Strava, Norwest Venture Partners, General Catalyst, Zone 5 Ventures, and Y Combinator.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.