Zwift

Zwift

Virtual training platform for cycling and running

About Zwift

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

Industries

Consumer Software

Consumer Goods

Company Size

201-500

Company Stage

Growth Equity (Venture Capital)

Total Funding

$597.8M

Headquarters

Long Beach, California

Founded

2014

Overview

Zwift focuses on virtual training for cycling and running, offering an app that turns indoor workouts into engaging experiences. Users can train, compete, and socialize in virtual worlds, making fitness enjoyable for both casual and serious athletes. The app features structured workouts, social group rides, and virtual races against real athletes worldwide. Zwift operates on a subscription model, allowing new users a 7-day free trial, followed by a monthly fee of $14.99. The company also sells training equipment and apparel through its online shop. Zwift's global community connects fitness enthusiasts, enhancing motivation and competition. The goal is to make indoor fitness more interactive and fun.

Simplify Jobs

Simplify's Take

What believers are saying

  • Integration with wearable technology enhances user experience and performance tracking.
  • The rise of VR in fitness apps could enhance Zwift's virtual training environments.
  • Social fitness trend aligns with Zwift's community-focused platform, boosting user engagement.

What critics are saying

  • Increased competition from apps like Peloton and Rouvy could impact Zwift's market share.
  • Free or lower-cost fitness apps may attract budget-conscious consumers away from Zwift.
  • Data privacy concerns with API integrations could lead to user distrust and attrition.

What makes Zwift unique

  • Zwift transforms indoor workouts into immersive, interactive experiences using gaming technology.
  • The platform connects users globally, fostering a social and competitive fitness community.
  • Zwift offers a subscription model with additional revenue from training equipment and apparel sales.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$597.8M

Above

Industry Average

Funded Over

5 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

Performance Bonus

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

↑ 1%

1 year growth

↓ -3%

2 year growth

↓ -1%
Endurance
Nov 20th, 2024
Return of Jarvis Island, as Zwift continues to mark 10-year anniversary

Celebrating its 10th anniversary this year, Zwift has unveiled the latest change to its Watopia virtual world, with the return of the Jarvis Island route.

Endurance Sports Wire
Nov 12th, 2024
JOIN Cycling App Announces Seamless Integration with Zwift Through New Zwift Link API Implementation

JOIN Cycling app announces seamless integration with Zwift through new Zwift Link API implementation.

Road Bike Rider
Oct 9th, 2024
Newsletter Issue No. 1142

Zwift has introduced its new Zwift Racing Score-a ranking system aimed at making virtual racing more competitive, fair, and accessible.

Endurance Sports Wire
Jul 31st, 2024
Zwift Announces TriDot as First Zwift Link Connection

Zwift announces TriDot as first Zwift Link connection.

Endurance
Jul 16th, 2024
2024 Zwift Academy opening up talent identification pathway

Zwift, the global online fitness platform for cyclists, has launched the 2024 Zwift Academy.

Recently Posted Jobs

Sign up to get curated job recommendations

Zwift is Hiring for 0 Jobs on Simplify!

Find jobs on Simplify and start your career today

đŸ’¡
We update Zwift's jobs every 8 hours, so check again soon! Browse all jobs →