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ZWIFT
Zwift
Fitness / Gaming ยท Long Beach, California ยท United States ยท Founded ยท 2014 ยท โ‰ˆ ยท 510 ยท employees

Zwift Funding History: Rounds, Investors & Valuation

Private

Zwift has raised $614.5M across 8 funding rounds.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Zwift funding ยท at a glance
Total raised, all rounds
$614.5M
some round sizes not disclosed
Funding rounds
8
priced rounds
Latest round
Sep 2020
Minority Investment
Lead on that event
KKR
lead investor
2020
About Zwift

Zwift raised $120 million in Series B funding from Highland Europe in December 2018, and in September 2020 KKR made a $450 million minority investment in the company.

Funding timeline

The Zwift funding timeline

8 funding rounds, the latest highlighted.

2014
Zwift founded

Zwift was founded in 2014, United States.

JAN 2014
Seed

A primary round โ€” the company sells new shares to investors it selects. $350K raised.

Valuation basisโ€”Amount$350KPrice / shareโ€”Leadโ€”
SEP 2014
Angel

A primary round โ€” the company sells new shares to investors it selects. $7M raised.

Valuation basisโ€”Amount$7MPrice / shareโ€”Leadโ€”
JAN 2016
Angel

A primary round โ€” the company sells new shares to investors it selects. $10M raised, led by COLOPL.

Valuation basisโ€”Amount$10MPrice / shareโ€”LeadCOLOPL
NOV 2016
Series A

Shasta Ventures, Max Levchin, Waypoint Capital, Samchuly participated. $27.1M raised, led by Novator Partners.

Valuation basisโ€”Amount$27.1MPrice / shareโ€”LeadNovator Partners
JAN 2018
Secondary sale

Existing holders selling; buyers approved by the company. Led by Ion Pacific.

Valuation basisโ€”Amountโ€”Price / shareโ€”LeadIon Pacific
DEC 2018
Series B

A primary round โ€” the company sells new shares to investors it selects. $120M raised, led by Highland Europe.

Valuation basisโ€”Amount$120MPrice / shareโ€”LeadHighland Europe
APR 2019
Secondary sale

Existing holders selling; buyers approved by the company. Led by Ion Pacific.

Valuation basisโ€”Amountโ€”Price / shareโ€”LeadIon Pacific
SEP 2020LATEST
Minority Investment

A primary round โ€” the company sells new shares to investors it selects. $450M raised, led by KKR.

Valuation basisโ€”Amount$450MPrice / shareโ€”LeadKKR
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Zwift funding rounds in full

8 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Minority Investment LATEST
Sep 2020
$450M
โ€”
โ€”
KKR
โ€”
Secondary sale
Apr 2019
โ€”
โ€”
โ€”
Ion Pacific
โ€”
Series B
Dec 2018
$120M
โ€”
โ€”
Highland Europe
โ€”
Secondary sale
Jan 2018
โ€”
โ€”
โ€”
Ion Pacific
โ€”
Series A
Nov 2016
$27.1M
โ€”
โ€”
Novator Partners
Shasta Ventures, Max Levchin, Waypoint Capital, Samchuly participated
Angel
Jan 2016
$10M
โ€”
โ€”
COLOPL
โ€”
Angel
Sep 2014
$7M
โ€”
โ€”
โ€”
โ€”
Seed
Jan 2014
$350K
โ€”
โ€”
โ€”
โ€”
Zwift ยท investors

Investors

KKRLEADIIon PacificLEADHighland EuropeLEADNNovator PartnersLEADCCOLOPLLEAD

Frequently asked questions

How can I get exposure to Zwift?โ€บ

The routes section explains what is realistically available for a company at this stage.

Is Zwift publicly traded?โ€บ

No. Zwift is a private company; its shares do not trade on a public exchange.

Who has invested in Zwift?โ€บ

Lead investors for each round are in the funding timeline.

Who are Zwift's competitors?โ€บ

The closest fitness / gaming peers are on the competitors page.

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