Therabody

Therabody

Manufactures percussive therapy devices

Overview

Therabody makes wellness technology, starting with the Theragun percussive therapy device to relieve muscle pain and speed up recovery. The device delivers rapid, targeted bursts of pressure to muscles, helping reduce pain and stiffness and support rehabilitation, and it has evolved into a broader wellness ecosystem. Unlike firms focused on a single gadget, Therabody combines hardware, software, and services across a range of wellness needs and has attracted major funding to expand its product line. Its goal is to improve health and well-being through accessible, technology-driven tools and education, aiming to lead the wellness market.

About Therabody

Simplify's Rating
Why Therabody is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Hardware

Industrial & Manufacturing

Healthcare

Consumer Goods

Company Size

201-500

Company Stage

Growth Equity (Venture Capital)

Total Funding

$165M

Headquarters

Los Angeles, California

Founded

2016

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Simplify's Take

What believers are saying

  • June 2026 CryoTherm Palm targets athlete recovery spend at $399.99.
  • March 2026 Ulta rollout multiplied distribution beyond 1,000 doors and lifted visibility.
  • October 2025 product refresh added Theragun Mini Plus and TheraFace Mask Glo.

What critics are saying

  • Therabody faces Hyperice patent and defamation fights that drain cash and management.
  • October 2025 inventor-credit lawsuit from Dr. Michael Wasilisin attacks Theragun's origin story.
  • If knockoffs keep winning, Theragun becomes a low-margin commodity.

What makes Therabody unique

  • June 2026 CryoTherm Palm entered thermoregulation with USC and IMG validation.
  • March 2026 Ulta expanded Therabody to 1,000+ doors, proving retail pull.
  • April 2026 Dr. Dhaval Bhanusali added dermatology credibility to beauty devices.

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Funding

Total Funding

$165M

Above

Industry Average

Funded Over

1 Rounds

Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Benefits

Remote Work Options

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

0%
PR Newswire
Jun 8th, 2026
Therabody launches $400 CryoTherm Palm cooling device to delay athlete fatigue

Therabody has launched CryoTherm Palm, a $399.99 thermoregulation device that uses palm cooling technology to lower core body temperature during high-intensity training. The portable, cordless device features dual cooling surfaces and delivers scientifically calibrated cooling to delay fatigue and sustain athletic output. CryoTherm Palm is the only palm cooling device validated through two controlled studies before launch. Research with Division I athletes at USC showed 28% more total work volume during resistance training, whilst a study with elite soccer players at IMG Academy found athletes felt 60% cooler and maintained 4.7% better sprint velocity across repeated efforts. England's national football team has incorporated the device into pre-tournament preparations. CryoTherm Palm is available now in the US, with international availability coming autumn 2026.

PR Newswire
Apr 29th, 2026
Therabody appoints Dr. Dhaval Bhanusali as chief dermatologist to advance beauty tech innovation

Therabody has appointed Dr. Dhaval Bhanusali as its first-ever Chief Dermatologist. The board-certified dermatologist and laser surgeon will shape product innovation, education and marketing whilst joining Therabody's Scientific Advisory Board. Dr. Bhanusali, known as Dr. B, will help drive the wellness technology company's clinical rigour and expand its reach within dermatology and skincare communities. His appointment comes as Therabody launches The G.O.A.T. campaign for its TheraFace Mask, supported by what the company claims is the largest clinical study in a commercially available LED mask. Dr. Bhanusali serves as Dermatologist-in-Residence for rhode by Hailey Bieber and is Co-Founder and Chief Medical Officer of Elm Biosciences. He previously built Skin Medicinals, described as the largest pharmatech platform in dermatology.

FinSMEs
Sep 21st, 2022
Therabody Raises $165M In Growth Equity Funding

Therabody, a Los Angeles, CA-based wellness technology company, raised $165M in Growth Equity funding. The round was led by North Castle Partners, with participation from Kevin Hart’s HartBeat Ventures, LLC and Aaron Rodgers’ Rx3 Ventures

Men's Health
Sep 20th, 2022
Therabody, Inc. launches upgraded Theragun Mini

Therabody has also announced that an upgraded Theragun Mini will be available to buy later this Autumn, so watch this space.

The New York Times
Sep 20th, 2022
Maker of the Theragun Massage Device Raises $165 Million

Therabody will use the money to invest in digital content and acquisitions, and is set to announce new products.

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