About Tracksmith
Tracksmith is a company based in Wellesley (United States) founded in 2014.. Tracksmith has raised $5.7 million across 3 funding rounds from investors including Lerer Hippeau, FJ Labs and Silas Capital. Tracksmith offers products and services including Tops, Footwear, and Shorts. Tracksmith operates in a competitive market with competitors including Lululemon, Vuori, Gymshark, Nobull and Fabletics, among others.
- Headquarter Wellesley, United States
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Sectors
RetailMedia & Entertainment Consumer
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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
$5.7 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Lerer Hippeau
& 5 more
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Employee Count
Employee Count
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Products & Services of Tracksmith
Tracksmith offers a comprehensive portfolio of products and services, including Tops, Footwear, and Shorts. 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.
Technical running tops for training and racing performance.
Running shoes optimized for energy return and comfort.
Functional running shorts with pockets and smooth liners.
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Funding Insights of Tracksmith
Tracksmith has successfully raised a total of $5.7M across 3 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 3
- Last Round Last Round
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First Round
First Round
(23 Jul 2014)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Seed - Tracksmith | Valuation |
investors |
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| Aug, 2015 | Amount | Seed - Tracksmith | Valuation |
investors |
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| Jul, 2014 | Amount | Seed - Tracksmith | 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 Tracksmith
Tracksmith has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Lerer Hippeau, FJ Labs and Silas Capital. 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 firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
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Founded Year | Domain | Location | |
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Venture capital investments in technology startups and entrepreneurs.
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Founded Year | Domain | Location | |
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Venture capital firm making growth stage investments
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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 Tracksmith
| 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 |
Financial Statements - Tracksmith
| 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 |
Tracksmith Comparisons
Competitors of Tracksmith
Tracksmith 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 Lululemon, Vuori, Gymshark, Nobull and Fabletics, 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 |
Multi-category fashion apparel and accessories are offered online by Lululemon.
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| domain | founded_year | HQ Location |
Internet first brand offering multi category sports wear for men and women
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| domain | founded_year | HQ Location |
Sportswear apparel for men and women is offered online.
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| domain | founded_year | HQ Location |
Fashion accessories and apparel are offered for weightlifters and trainers.
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| domain | founded_year | HQ Location |
Internet-first sportswear apparel is provided for men and women.
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| domain | founded_year | HQ Location |
Sports apparel is retailed online by Stio in various categories.
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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 Tracksmith
Frequently Asked Questions about Tracksmith
When was Tracksmith founded?
Tracksmith was founded in 2014.
Where is Tracksmith located?
Tracksmith is headquartered in Wellesley, United States. It is registered at Wellesley, Massachusetts, United States.
Is Tracksmith a funded company?
Tracksmith is a funded company, having raised a total of $5.7M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.6M, raised on Jul 23, 2014.
What does Tracksmith do?
Tracksmith was founded in 2014 in Wellesley, United States, within the performance apparel and footwear sector. Apparel and footwear for training and racing are designed and manufactured, with emphasis placed on quality materials and design details. Publications are produced, and running events are organized to support a community focused on the sport. Products are intended for amateur and competitive runners pursuing personal goals.
Who are the top competitors of Tracksmith?
What products or services does Tracksmith offer?
Tracksmith offers Tops, Footwear, and Shorts.
Who are Tracksmith's investors?
Tracksmith has 6 investors. Key investors include Lerer Hippeau, FJ Labs, Silas Capital, Pentland, and Index Ventures.