Strava

Strava CEO Michael Martin says Strava plans to launch a US IPO; Sensor Tower says Strava has 50M MAUs and users spent $180M+ on Premium in the year to September

CEO Michael Martin targets US IPO to raise capital for deals to keep Strava ahead of rivals including Garmin and Nike

Running app Strava raised new funding at a $2.2B valuation including debt, up from $1.5B after raising $110M in November 2020, and nears $500M in ARR

Ben Glickman / Wall Street Journal :

Strava subscribers say the rollout of the company's first price hike in over a decade, impacting nine regions, has been unnecessarily convoluted and confusing

Victoria Song / The Verge :

Strava users say the rollout of its first price hike in over a decade has been unnecessarily convoluted and confusing

Victoria Song / The Verge :

Strava CEO Michael Horvath says the app's revenue increased 68% YoY in 2021, suggesting a revenue of approximately $170M and a paid subscriber base of 2M to 3M

Strava CEO Michael Horvath says the app's revenue increased 68% YoY in 2021, suggesting a revenue of approximately $170M and a paid subscriber base of 2M to 3M

The app's revenue spiked 68% in 2021.  But retaining the New Year's resolution crowd is a perennial problem, especially come quitter's day—aka Jan. 17. Tweets: @ivanlevingston , @chafkin , @bw , and @...