About Therabody
Therabody is a company based in Los Angeles (United States) founded in 2018.. Therabody has raised $165 million across 3 funding rounds from investors including North Castle Partners, True Capital Management and Rx3 Growth Partners. Therabody has completed 2 acquisitions, including PowerDot and RP Sports. Therabody operates in a competitive market with competitors including heat_it, Cryogenx, Biodata Bank, Heat it and Jadez Sauna, among others.
- Headquarter Los Angeles, United States
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$165 M (USD)
in 3 rounds
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Latest Funding Round
$165 M (USD), Series A
Sep 20, 2022
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Investors
North Castle Partners
& 53 more
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Employee Count
Employee Count
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Investments & Acquisitions
PowerDot
& 1 more
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Sales and Marketing
34 people
Leadership Team
21 people
Software Development Team
11 people
Finance and Accounting
8 people
Operations Team
6 people
Creative and Marketing Team
4 people
Legal and Compliance
3 people
Product Management Team
3 people
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Funding Insights of Therabody
Therabody has successfully raised a total of $165M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $165 million completed in September 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 3
- Last Round Series A — $165.0M
- First Round First Round
- Investors Count 54
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series A - Therabody | Valuation | North Castle Partners | |
| Feb, 2021 | Amount | Seed - Therabody | Valuation | Marcy Venture Partners , Rx3 Growth Partners | |
| Aug, 2020 | Amount | Angel Round - Therabody | Valuation |
investors |
| 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 Therabody
Therabody has secured backing from 54 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include North Castle Partners, True Capital Management and Rx3 Growth Partners. 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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US private equity investments are managed by North Castle Partners.
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Founded Year | Domain | Location | |
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Consumer-focused brands are targeted for private equity investments.
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Founded Year | Domain | Location | |
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Venture capital firm investing in consumer businesses
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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 Therabody
Therabody has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include PowerDot and RP Sports. 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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Mobile app-based electronic muscle stimulator for recovery is provided.
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2016 | ||||
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Gym equipment is manufactured by RP Sports.
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2011 |
| 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 - Therabody
| 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 |
Therabody Comparisons
Competitors of Therabody
Therabody 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 heat_it, Cryogenx, Biodata Bank, Heat it and Jadez Sauna, 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 |
A heat-based device for treating insect bites is provided.
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| domain | founded_year | HQ Location |
Portable body cooling devices are manufactured for heatstroke treatment.
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| domain | founded_year | HQ Location |
Offers smart devices to warn individuals of potential heat risks.
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| domain | founded_year | HQ Location |
Provides compact devices and apps for heat-based insect bite relief and treatment.
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| domain | founded_year | HQ Location |
Provides comprehensive infrared-based blankets for health and wellness management.
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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 Therabody
Frequently Asked Questions about Therabody
When was Therabody founded?
Therabody was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Therabody located?
Therabody is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Therabody a funded company?
Therabody is a funded company, having raised a total of $165M across 3 funding rounds to date.
What does Therabody do?
Therabody was founded in 2018 in Los Angeles, United States. Operations center on the wellness technology sector, where devices for massage therapy, muscle stimulation, compression therapy, and light therapy are produced. Products such as massage guns, compression boots, and wearables for heat and cold therapy are included in the lineup. A mobile application offering guided routines and educational content is also maintained to support user recovery and performance improvement.
Who are the top competitors of Therabody?
Therabody's top competitors include Cryogenx, heat_it and Biodata Bank.
How many acquisitions has Therabody made?
Who are Therabody's investors?
Therabody has 54 investors. Key investors include North Castle Partners, True Capital Management, Rx3 Growth Partners, Marcy Venture Partners, and HartBeat Productions.