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Mirror

Interactive home gym with live/on-demand classes

Overview

MIRROR offers an interactive home gym built into a nearly invisible mirror. The hardware, combined with a subscription, streams live and on-demand fitness classes across many workout types, displayed on the mirror’s screen for at-home workouts. Users buy the device, subscribe to access a large library, personalized programs, and progress tracking, creating a studio-like experience at home. The product stands out by blending into living spaces, offering live and on-demand content, variety, and community features that go beyond a simple gym device or video library. The goal is to bring studio-style workouts into homes with easy-to-use hardware and a large, personalized library, making convenient, social fitness accessible to a wide audience.

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About Mirror

Simplify's Rating
Why Mirror is rated
C
Rated C on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

HardwareConsumer SoftwareConsumer GoodsEntertainment

Company Size

201-500

Company Stage

Acquired

Total Funding

$74.8M

Headquarters

New York City, New York

Founded

2016

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Simplify's take

What believers are saying

  • Peloton exclusivity on November 1, 2026 refreshes content and reduces churn risk.
  • Third-party retailers still discount Mirror in 2026, showing residual demand and secondary-market liquidity.
  • The installed base gives Lululemon recurring subscription revenue without manufacturing a new device line.

What critics are saying

  • Lululemon’s 2023 sale exploration and 2026 discounting signal a stranded hardware asset.
  • Peloton now controls content; Lululemon loses leverage, differentiation, and pricing power.
  • If memberships keep shrinking, Lululemon Studio becomes a legacy support business, not growth engine.

What makes Mirror unique

  • Mirror’s wall-mounted hardware preserves living-space aesthetics while delivering studio-style classes.
  • The November 1, 2026 Peloton integration gives Mirror exclusive premium content inside one app.
  • Mirror still bundles live feedback, on-demand classes, and device-based community features.

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Funding

Total Funding

$74.8M

Below

Industry Average

Funded Over

5 Rounds

Notable Investors:
Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison Coming Soon

Benefits

  • Competitive compensation
  • Competitive healthcare coverage (medical, vision, dental)
  • 401K program with company match
  • Self-directed flexible time-off
  • Free Mirror and subscription throughout duration of employment
  • Work-from-home stipend
  • Lululemon employee discount

Growth & Insights and Company News

6 month growth

-12%

1 year growth

-12%

2 year growth

-12%
Retail Dive
Dec 18th, 2023
Tonal launches trade-in program for Lululemon Studio customers

Lululemon Studio in 2020 acquired the Mirror workout device for $500 million.

SGB Media
Sep 29th, 2023
Lululemon Undergoes Layoffs Following Peloton Partnership

In mid-July, Lululemon confirmed reports that it had laid off 100 employees from Lululemon Studio, which represents its Mirror-connected fitness business.

Retail Dive
Sep 29th, 2023
Lululemon enacts layoffs amid Peloton partnership

Athletic apparel brand Lululemon is laying off about 120 employees who support Lululemon Studio - the business arm that includes the fitness device Mirror.

Google
Apr 18th, 2023
Lululemon explores sale of Mirror to Hydrow

In March, Lululemon announced it will launch a new digital fitness app in the summer that will allow consumers to access digital fitness content without hardware and at a lower price point than its current subscription package.

CNBC
Apr 18th, 2023
Lululemon explores sale of Mirror to Hydrow

In March, Lululemon announced it will launch a new digital fitness app in the summer that will allow consumers to access digital fitness content without hardware and at a lower price point than its current subscription package.

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