Zwift

Zwift

Virtual training platform for cycling and running

About

Zwift focuses on virtual training for cycling and running, offering an app that turns indoor workouts into engaging experiences. Users can train in immersive virtual worlds, participate in structured workouts, join group rides, and compete in races with athletes worldwide. The app caters to both casual and serious fitness enthusiasts, enhancing their indoor training routines. 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 users, providing a sense of competition and camaraderie, making fitness more enjoyable.

Company Stage

Growth Equity (Venture Capital)

Employees

201-500

Industries

Consumer Software, Consumer Goods

Total Funding

$597.8M

Headquarters

Long Beach, California

Founded

2014


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Simplify's Take

What believers are saying

  • Integration with wearable technology enhances user experience and performance tracking.
  • The rise of VR in fitness apps aligns with Zwift's immersive training environments.
  • Collaborations with professional sports teams boost brand visibility and credibility.

What critics are saying

  • Increased competition from apps like Peloton could impact Zwift's market share.
  • Free or lower-cost fitness apps may attract budget-conscious consumers away from Zwift.
  • Technological advancements in AR and VR could lead to more immersive competitors.

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.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

-1%

Benefits

Performance Bonus

Company Equity

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