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Peloton provides high-energy indoor cycling workouts through its exercise bike, which streams live and on-demand classes to users' homes. The bike features a large screen for classes led by professional instructors, catering to all fitness levels. Peloton's business model combines hardware sales with a subscription service for access to its extensive library of workouts, generating recurring revenue. The company's goal is to offer a convenient and engaging way for people to exercise at home, building a loyal community of fitness enthusiasts.
Company Stage
IPO
Employees
1,001-5,000
Industries
Consumer Software, Education, Consumer Goods
Total Funding
$967.6M
Headquarters
New York City, New York
Founded
2011
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