Strava was founded in 2009 by Carlos Virella, Mark Gainey, Mark Shaw, Michael Horvath, and Yandong Liu. In February 2023, Horvath said that the company had no immediate plans to go public, but later clarified his view by saying that a public offering is "a means to an end and it’s something we would consider at the right time."

Strava is a social media app for athletes. Users can compare workouts, track progress, and share results. In 2022 and 2023, Strava acquired Recover Athletics and FATMAP. The company has raised more than $150 million in venture capital funding from investors including TCV, Sequoia Capital, Dragoneer Investment Group, Madrone Capital Partners, Jackson Square Ventures, and Go4it Capital. In 2020, Strava was seeking investors at a valuation of more than $1 billion. The resulting funding round brought in $110 million in fresh capital.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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What is Strava's ticker symbol?

Strava does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.

What is Strava's stock price?

The stock price for Strava will be known as it becomes public. Here are similar public companies: Amazon (NAS: AMZN), Walmart (NYS: WMT), Nike (NYS: NKE), Apple (NAS: AAPL), Facebook (NAS: META).

Who are Strava's major investors?

Sequoia Capital
Sigma Partners
Jackson Square Ventures
Great Oaks Venture Capital
Steamboat Ventures

Strava Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
11/26/2020 Series F $110MM raised $XXX.XX $XXX.XX
8/1/2018 Series E $13.7MM raised $XXX.XX $XXX.XX
11/20/2014 Series D $18.55MM raised $XXX.XX $XXX.XX
3/21/2013 Series C $19.7MM raised $XXX.XX $XXX.XX
7/26/2011 Series B $12.6MM raised $XXX.XX $XXX.XX
1/12/2011 Series A $4.05MM raised $XXX.XX $XXX.XX
Based on primary financings
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What is Strava funding to date?

Strava has raised $178.6MM with the following series:
$4.05MM raised for Series A,$12.6MM raised for Series B,$19.7MM raised for Series C,$18.55MM raised for Series D,$13.7MM raised for Series E,$110MM raised for Series F.
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When was Strava founded?

Strava was founded in 2009.
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Can you invest in Strava?

Strava is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.

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Can you sell Strava share pre-IPO?

If you own Strava pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.

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Is Strava a publicly traded company?

Strava is a private company and not publicly traded.

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Updated on: Mar 28, 2023